Connecture, Inc. Appoints New Chief Executive
ATLANTA – January 12, 2012
– Connecture, Inc., the
leading provider of health insurance distribution solutions,
announced today that its board of directors has appointed Doug
Schneider, formerly EVP of Innovation with the healthcare business
of Thomson Reuters, to the role of Chief Executive Officer.
"We are excited to have someone of Doug’s deep industry experience
and ability join Connecture and lead us through the next stage of
the company’s development," commented Connecture’s board chair,
David Jones, Chairman and Managing Director of Chrysalis Ventures.
"We are at a decisive point in Connecture’s significant growth
trajectory, and Doug’s extensive track record of success in driving
growth and innovation in healthcare information technology perfectly
aligns with our vision and path for the future."
Changes in how health insurance is sold have driven dramatic growth
in Connecture’s core business of providing sales automation
solutions to health insurers, while also opening up new
opportunities to serve governments, employers and other participants
in insurance purchasing exchanges. As CEO, Schneider will focus on
market growth and innovation. Schneider explained, "Connecture not
only has a very solid core business and customer base, but also new
and transformative market opportunities that can be realized by
extending its current product and service capabilities." Connecture
co-founder Dan Maynard will remain with the company as President,
focusing on payer market sales, product innovation and client
"Dan has grown Connecture from a small start-up into the market
leader in technology for health insurance distribution," explained
Jones. "His leadership over 10+ years has built a company with a
strong foundation and an unassailable reputation in the marketplace.
We are fortunate to have Dan continue with Connecture and are
looking forward to the advancement and sustainability he will bring
to our clients."
"I am very excited about working with Doug, and the implications
that this exciting change has on the future of our company," added
Maynard. "Our combined talents will push Connecture to the next
level, and will provide our clients, partners, and employees
exciting innovations along with continuity and stability."
Connecture is the leading provider of web-based health insurance
marketplace, service and administration technology. Its
industry-proven solutions effectively assist buyers with the health
insurance purchasing process while minimizing the back-office
administration tasks such as workflow management, application
processing, renewal processing and integration to carriers, state
and federal programs. For more information, call Megan Riddle at
262.408.3865 or visit the Connecture website at