Chuck Wallace Joins Clearsurance Board of Directors

7/12/17

Chuck Wallace

Clearsurance, the first-to-market crowdsourced review and ratings platform exclusively for the insurance industry, is pleased to announce Chuck Wallace has joined the company as an Independent Director effective July 1, 2017.

"We are excited to have Chuck join us as he brings a unique skillset to our board," said Michael Crowe, CEO and Co-Founder, Clearsurance. "Leveraging his experience in technology and insurance is essential as we take our company to the next level. Chuck co-founded one of the early insurtech companies with Esurance," said Crowe. "He has already provided invaluable insights into the industry and current insurance technology landscape that we seek to transform."

"We have curated over 36,000 consumer reviews on over 300 U.S. Personal Lines insurance companies in less than three months since launching our first major marketing campaign in April," said Todd Kozikowski, Co-Founder and Chief Revenue Officer. "Chuck's guidance on consumer engagement and expansion will be critical to our continued growth. We expect to have over 100,000 consumer reviews and ratings on more than 400 hundred insurance companies by the end of this year."

"Mike and Todd have put together a great operating team, and Clearsurance has an opportunity to create the most comprehensive, consumer facing rating metric for the insurance industry," said Chuck. "I'm honored and excited to join the Board and look forward to helping Mike, Todd and the Clearsurance team continue to successfully build the company."

Chuck, who resides in the San Francisco area, is a board member, advisor, consultant and investor with multiple companies and private equity firms. He focuses in the areas of innovative mobility/next generation transportation, next generation insurance and financial services (InsureTech and FinTech), and the intersection between the three. He has held senior operating roles in leading consumer financial services and technology companies including: Co-founder and senior executive for eight years at Esurance (acquired by Allstate for $1 billion in 2011); Head of Operations at Automatic Labs (connected car platform company acquired by SiriusXM for $120 million in 2017); uSell.com (eCommerce platform company for sale of used mobile consumer electronics), and Ustream.TV (live video broadcast platform company acquired by IBM for $130 million in 2016).

Chuck started his career as an Air Force instructor pilot, first teaching young men and women to fly at undergraduate pilot training in Lubbock Texas, and then flying the C-130 Hercules in Frankfurt Germany and Willow Grove Pennsylvania.

His education includes a BS from the US Air Force Academy, an MBA from the Wharton School, and a JD from the University of Pennsylvania Law School.

About Clearsurance Its mission is to elevate trust and transparency in insurance by providing the most objective, trustworthy and comprehensive rating metric, reviews and consumer advocacy tools available. For more information visit www.clearsurance.com.

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