Insuritas is pleased to announce that Paul Petrylak has joined the company as Chief Client Relationship Officer. Mr. Petrylak has served as a senior executive driving insurance distribution in some of the largest financial institutions in the US, with an extraordinary track record of top and bottom-line growth achieved through strategic development and execution.
“As CCRO, Mr. Petrylak will work with our clients to drive growth in our partners’ agencies; he will build customer share, increase recurring non-interest income, and dramatically increase the number of new and retained insurance policies in our clients’ addressable markets”, noted Jeffrey Chesky, Chairman and CEO of Insuritas. “Leveraging our multi-year investment in an integrated CRM and Agency Management System with SalesForce and Veruna, Mr. Petrylak will work with our partners to connect this new agency ecosystem to accelerate engagement between our clients’ insurance agencies and their customers and members, driving new policy quotes and policies in force.”
Mr. Petrylak has over twenty-five years of financial services experience in banking and insurance spending most of his career at CIT Group and JPMorganChase. At CIT, he was President of CIT Insurance Services and also had other senior leadership roles including Head of Corporate Insurance, and EVP of Strategic Planning. At JPM, Mr. Petrylak served as President and CEO of Chase Insurance Group, CFO of Chase Insurance Group, and VP of Bank Strategy for Chemical Bank. In addition, he served on the Board of the American Bankers Insurance Association (ABIA), an affiliate of the American Bankers Association from 2001 – 2014, including three years as Board Chairman.
Mr. Petrylak noted, “I have spent much of my career designing, building and managing insurance agencies inside of the largest US Banks – and devoted over a decade at the ABIA collaborating with other Bank/Insurance executives around the country in optimizing insurance agencies inside the operating systems of banks. I have known the team at Insuritas for nearly 20 years and am delighted to join them as a senior executive. iInsure, the Insuritas operating platform, is reengineering the way insurance works, allowing consumers and small businesses to shop, compare, purchase and service all of their insurance need from multiple competing carriers on a single digital platform, all operating inside the trusted brand of the financial institution. The Insuritas ‘Agency as a Service’ (AaaS) powers the ability of financial institutions to quickly accelerate growth in critical non-interest fee income.”