Aureus Announces Appointment of Michael Cormier to Board of Directors

Michael Cormier

Hartford, CT | January 6, 2021

Aureus Analytics, a global artificial intelligence technology company that provides customer experience solutions to the insurance industry, is pleased to announce that Michael Cormier has been appointed to its Board of Directors, effective January 1, 2021. Mr. Cormier will join Aureus' Board as an Independent Director.

"We are extremely pleased to welcome Michael Cormier to the Aureus Analytics Board," said Anurag Shah, Founder and Chief Executive Officer of Aureus. "Michael's deep experience in commercial insurance and, more specifically, analytics for insurance distribution will be invaluable as we continue to commercialize our recently introduced DONNA platform and pursue our mission to serve both the insurance agency and carrier markets in North America."

Mr. Cormier was associated with Aureus Analytics through his role as an Entrepreneur In Residence with Connecticut Innovations, the State's strategic venture capital arm and early investor in Aureus. Previously he led sales and business development for RiskMatch, an early-stage insurtech platform successfully acquired by Vertafore. Before that, he served as CEO of Marsh Risk Solutions, where he led teams to develop and execute Marsh's Risk Consulting and Captive Solutions businesses globally.

"I am thrilled to be joining the Aureus Board," stated Michael Cormier. "I look forward to working alongside my fellow Board members and Company management as we prepare for the next phase of growth and expand DONNA's ability to harness analytics so agents and carriers can seamlessly identify opportunities to serve their customers better. There is no bigger opportunity in the industry than to help agents and carriers organize and leverage both internal and external data to refine their risk and distribution models. Aureus has unmatched capabilities and strong momentum. Now it is up to us to go as fast as we can,” said Cormier.

About Aureus Analytics

Founded in 2013 with operations in the United States and India, Aureus is the customer intelligence and experience company that enables insurers to deliver superior customer experience leading to higher customer retention, loyalty, and lifetime value. The CRUX AI platform has processed more than 60 million insurance policy data points from customers globally. For more information, visit www.aureusanalytics.com

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Media Contact:

David G. Bourque

Aureus Analytics

860-693-1531

david@aureusanalytics.com