Zywave brings the C-suite duo

Software-as-a-service (SaaS) provider of insurtech solutions Zywave has hired Martin Simoncic (pictured left) and Christian G. Kasper (pictured right) as chief executive officer and vice president and chief financial officer, respectively.

Together, the C-suite hires bring more than 30 years of experience in the SaaS industry to Zywave, which is backed by Clearlake Capital Group and Aurora Capital Partners.

Clearlake partner and managing director Prashant Mehrotra and vice president Erik Hansen commented in a joint statement: “We are fortunate to have experienced software executives like Martin and Chris join Zywave as CEO and CFO, respectively, and we look forward to working with the company. a broad management team to accelerate the organic growth of the business and continue to drive Zywave's acquisition and acquisition efforts in the insurance technology industry.”

They highlighted that the new leadership, combined with Clearlake's operational improvement approach, will continue to support Zywave's strategic direction.

Josh Klinefelter, a partner at Aurora, echoed this sentiment, citing their respective credentials: “Martin and Chris each have a track record of leading leading SaaS companies, which is why we believe they are capable of helping Zywave reach its potential. We look forward to supporting Martin, Chris, the rest of the management team, and Zywave's many talented employees during the next phase of the company's growth.”

Simoncic previously held leadership roles at PROS Holdings, where he served as president of its B2B business and held titles such as chief customer officer and vice president of product management. He also spent time at Vertafore.

Reflecting on his new role, the CEO commented: “This is an exciting time to be at Zywave, and I am honored to join the company and lead the next chapter of its journey while building on Zywave's track record of industry leadership.”

Kasper, who joined as CFO, also has an extensive background in financial leadership, particularly in cloud-based software firms. His most recent role was chief financial officer at EnterpriseDB Corporation. He previously held the position of CFO at Reflexis Systems.

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