Valen Technologies, Inc. Announces the Appointment of a New Board Member

04/26/2011

PR Contact:

Jorna Julien
303-350-3736
 
 
Valen Technologies, Inc. Announces the Appointment of a New Board Member
Morgan W. Davis Joins Valen’s Board of Directors
 
Denver, CO – April 26, 2011 – Valen Technologies, Inc., the cloud computing predictive analytics experts for P&C Insurance, today announcedthe appointment of Morgan W. Davis to its Board of Directors.
 
“Valen’s employees and shareholders are honored to have an insurance professional of Morgan’s caliber join the Valen team. As Valen continues to expand our P&C insurance offerings and grow our business, it is important to expand our Board of Directors with knowledgeable and experienced insurance industry executives like Morgan” said Dax Craig, President and CEO of Valen Technologies.
 
Davis, of Newport Coast, currently serves as a Board Member for Montpelier Re Holdings Ltd., Answer Financial, Inc., Esurance Holdings Inc., OneBeacon Insurance Group, and White Mountains Insurance Group, Ltd.
 
Davis formerly served as President, CEO and Director of American Centennial Insurance Co. a wholly-owned subsidiary of White Mountains Insurance Group and Director of ABRA Auto Body & Glass, American Centennial Insurance Co., Farmers Union Insurance Co., and Merastar Insurance Co. He also held positions as Managing Director (Specialty and Western Region) at OneBeacon Insurance Group LLC.  Additionally Morgan served as President of Fireman's Fund Commercial Insurance after serving in a variety of capacities for Fireman's Fund, Cigna, and INA.
 
In addition to his professional experience, Davis holds a BA from David Lipscomb University and an MBA from Harvard Graduate School of Business. 
 
About Valen Technologies, Inc.
Valen Technologies, Inc. improves pricing, underwriting and premium audit results through cloud based predictive analytics solutions, UnderRight®, RateRight®, AuditRight® and now InsureRight®. Valen’s experts build, deploy and monitor models for improving risk selection, pricing, underwriting and optimizing premium audit processes. Valen offers the only predictive analytic solutions that include expert predictive modeling, model monitoring and refresh, as well as data management. Valen’s customers use Valen’s solutions to improve operating performance, improve competitive position, reduce premium audit expense, optimize premium audit results and shorten underwriting cycle time. To learn more about Valen and Valen’s products call 1-800-280-3304 or visit Valen’s website at www.valen.com