Following IPO and Acquisitions, Porch Group Expands Leadership Team With Four Industry Veterans

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[{"type":"text","content":"SEATTLE, Feb. 03, 2021 (GLOBE NEWSWIRE) -- Porch Group (“Porch” or “the Company”) (NASDAQ: PRCH), a leading vertical software platform reinventing the home services industry, today announced an expansion of their leadership team, including Adam Kornick as President of Insurtech, Andrew Beck as head of Contractor Tools SaaS, Malcolm Conner leading Porch’s Home Services group, and Manisha Patel as Vice President of Finance. Adam Kornick, President of the Insurtech division at Porch, is responsible for making insurance in the home simple using unique demand and data from Porch’s vertical software platform and B2B2C business model. Mr. Kornick previously led data and technology functions as the Chief Data Technologist at Allstate and was the Chief Analytics Officer at Aviva. He also had a career at Progressive as a leader in product, operations and advanced analytics, including managing operations to a substantially lower Non-Acquisition Expense Ratio to enable rapid, profitable growth and developing the capabilities to allow digital marketing across 40 billion impressions, yielding 8% more customers at the same marketing spend level.Leading Porch Group's Contractor Tools SaaS and Services division, Andrew Beck specializes in operational performance improvement, holistic P&L ownership, and M&A. Andrew served as General Manager at EverCommerce where he built a division of home and field services SaaS solutions and supported M&A integrations. During his tenure, EverCommerce grew from startup to $2 billion in revenue, completed 35 domestic and international acquisitions, and underwent a very successful recapitalization with Silver Lake Partners. Malcolm Conner, who will lead Porch’s Home Services group, specializes in business growth and value creation with over 20 years of experience leading home services and information businesses from start-up to revenues over $400 million. Prior to joining Porch, he was Chief Executive Officer at NanoSmart Technologies and its subsidiary, NanoSmart Lights. Malcolm also served as President of American Water Resources, a home warranty company and subsidiary of American Water, the largest water and wastewater utility in North America. During his 4 years leading this home warranty company, Malcolm and his team forged deep partnerships throughout the utilities industry and grew over 300% in terms of rev...

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