(Connecticut State Capitol in Hartford. Photo by author.)
Insurity (Hartford), a provider of core insurance processing software and data integration and analytics solutions, has appointed Chris Giglio Chief Executive Officer, succeeding Jeffrey Glazer in that position. Glazer has been named Executive Chairman. Both appointments are effective immediately.
In its announcement of the appointments, the vendor notes Glazer’s having led the company through a “sustained period of tremendous growth,” since his assuming the job of CEO in 2011, following the company’s departure from ownership by LexisNexis. Insurity says that in addition to taking the role of Executive Chairman, Glazer will work closely with Giglio to ensure a smooth handover of responsibilities.
“We have built Insurity into an industry leader that is well positioned for long-term growth. It’s now time to bring on a new CEO and we are incredibly proud to welcome Chris to our team as I take on the role of Chairman,” comments Glazer. “Chris brings deep expertise and a strong track-record of driving significant growth at leading software companies. Under his leadership, I am confident Insurity can accelerate innovation of our products and services and deliver enhanced value for our customers.”
Giglio has over 25 years of experience in the software industry, driving transformative growth, both organically and inorganically, according to Insurity’s statement. He was most recently CEO of Aderant, an Atlanta-based provider of business management software for law firms and other professional services organizations. During his six-year tenure at Aderant, Mr. Giglio led strategic initiatives that accelerated product innovation and spearheaded multiple acquisitions that expanded the company’s technology and service offering, according to Insurity.
Continuing a Legacy of Investment
“Insurity has an excellent reputation with a very high-quality team and a loyal customer base, and I am thrilled to be joining as CEO,” comments Giglio. “I look forward to continuing Jeffrey’s legacy of investing across the company’s product portfolio to exceed our customers’ expectations. I am excited to work closely with Jeffrey, the Board, and the entire executive team to enhance the company’s growth trajectory going forward.”