Zywave, a software-as-a-service (SaaS) insurance solutions provider, has announced the appointment of Martin Simoncic (pictured left) and Christian J. Kasper (pictured right) as CEO, EVP and CFO, respectively.

Together, the new C-suite hires bring more than 30 years of SaaS industry experience to Zywave, which is backed by Clearlake Capital Group and Aurora Capital Partners.

“We are fortunate to have experienced software executives like Martin and Chris join Zywave as CEO and CFO, respectively,” said Clearlake Partner and Managing Director Prashant Mehrotra and Vice President Eric Hansen in a joint statement. “We look forward to partnering with the company’s broader management team to accelerate organic business growth and continue to drive Zywave’s buy-and-build initiatives in the insurance technology industry.”

They emphasized how the new leadership, combined with Clearlake’s operational improvement methodology, will further support Zywave’s strategic direction.

Josh Klinefelter, Partner at Aurora, echoed this sentiment, citing the duo’s qualifications: “Martin and Chris both have a proven track record of leading innovative SaaS companies, which is why we believe they are a natural fit to help Zywave realize its potential. We look forward to supporting Martin, Chris, the rest of the management team, and the many talented employees at Zywave during the company’s next phase of growth.”

Simoncic previously held leadership positions at PROS Holdings, where he served as President of B2B, and held positions such as Head of Customer Service and Vice President of Product Management. He also spent time at Vertafore.

Commenting on his new role, the CEO said: “This is an exciting time to be working at Zywave, and I am proud to join the company and lead the next chapter of its journey while building on Zywave’s proven track record of industry leadership.”

Casper, who takes on the role of CFO, has extensive financial leadership experience, particularly in cloud-based software companies. He most recently served as CFO at EnterpriseDB Corporation. He previously served as CFO at Reflexis Systems.

What do you think of this story? Share your thoughts in the comments below.