Don Urbanciz, the chief executive officer of InsuranceNoodle before it was sold to Willis Group Holdings last summer, will retire from his position as CEO of Willis Small Commercial effective May 15.
After a long retail insurance brokerage career that included leading the Chicago offices of two major brokers, Mr. Urbanciz joined InsuranceNoodle in 2000 to lead the building of the online small-business distribution product.
"InsuranceNoodle has already begun delivering the efficiency, benefits and revenue growth opportunities that we saw in the acquisition," said Joe Plumeri, Willis Group's Chairman and CEO in a statement. "Willis owes a debt of gratitude to Don not only for building a great company, but for so effectively integrating it into Willis."
"Our goal in selling the company to Willis was to provide InsuranceNoodle the ability to scale its platform faster in the race to dominate the delivery of web-enabled insurance products to independent agents and small and medium-sized companies," said Mr. Urbanciz. "We are well down the road in achieving that objective. I leave behind a terrific management team, some of whom I've worked with for 30 years. The company is in great hands."
Tom Ealy, who was Chief Operating Officer for Willis North America and was recently promoted to lead the firm's commercial and consumer segments in the United States and Canada, will take on Mr. Urbanciz's role as part of his new responsibilities.
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