Press Release

Insurance Technologies Expands FireLight® Sales Team by Appointing Steven Acosta as Vice President of Sales for FireLight Distribution.

May 12, 2015
Colorado Springs, CO

COLORADO SPRINGS, CO, May 12, 2015 – Insurance Technologies, LLC, a provider of sales and regulatory automation solutions for the insurance and financial services industries, announced today the appointment of Steven Acosta as Vice President of Sales for FireLight®. Mr. Acosta will be responsible for expanding the sales and adoption strategies among distributors for FireLight, an e-application business fulfillment solution. Mr. Acosta will work hand in hand with other FireLight sales team members to provide an overall comprehensive sales experience for sponsor companies and distributors.

Mr. Acosta holds over 19 years of sales, account and project management and strategic business development experience from leading industry organizations including Oracle Corporation, Insurance Technologies and the Depository Trust & Clearing Corporation (DTCC).

Mr. Acosta recently held the position of Sales Director within the Financial Services Global Business Unit where he was responsible for the sale of Oracle's Insurance Analytical Applications, which included data aggregation, analytics, risk, and compliance among the insurance distribution vertical. Prior to Insurance Technologies and Oracle, Mr. Acosta played an imperative role in establishing DTCC's Insurance & Retirement Services Group. He strategically developed, managed and maintained several Broker Dealer, Bank, Clearing and Solution Provider firm accounts. Mr. Acosta led as customer advocate and internal representative to ensure DTCC products, service needs and business opportunities were met while cultivating new and existing business partnerships.

“When Insurance Technologies contacted me regarding the role of Vice President of Sales for Distribution for FireLight, the opportunity was impossible to turn down.  The FireLight platform has proven to be very successful for insurance carriers, and has matured to be a platform that is ideal for any organization distributing insurance products,” said Steven Acosta.  “Having a single multi-carrier and multi-product platform that supports life insurance, mutual funds, alternative investments, and more, is exactly what distribution firms and the industry has needed.  While Oracle is a very dynamic organization, the capabilities of FireLight are industry game changers and something I look forward to being a part of.”

Mr. Acosta’s strong distribution technology and infrastructure understanding provide him the requirements needed to effectively assist prospects and clients in meeting their technology, adoption and business processing initiatives.

“Insurance Technologies is excited to grow the FireLight sales team by welcoming a high-caliber and industry knowledgeable individual like Steven Acosta,” said David Fenimore, CEO of Insurance Technologies. “Steven’s proven record of facilitating long term business relationships with both customers and industry peers makes him suited to drive new business development and build product awareness among distributors for the FireLight product. I am confident Steven will be a great asset to the FireLight Sales team and Insurance Technologies growth strategies.”

About Insurance Technologies (www.insurancetechnologies.com)
Based in Colorado Springs, Insurance Technologies provides innovative sales and regulatory automation solutions to the insurance and financial services industries. Our product suite supplies carriers and distribution partners accurate tools to automate and accelerate the sales process allowing more time to develop new sales opportunities. ForeSight® is a mobile point-of-sale illustration platform that supports all aspects of the insurance sales process for multiple lines of business across diverse distribution channels with customized user experience and content branding options. FireLight® is a device-agnostic, user-friendly, easy to deploy e-application business fulfillment platform that automates any existing sales process across all lines of business facilitating straight-through processing.