David Anderson Appointed Chief Executive Officer of InsPro Technologies

InsPro Technologies Corporation, a leading provider of core policy administration software for Group and Individual Life, Health, and Annuity products that enables insurance carriers and third-party administrators to quickly respond to evolving market needs, improve customer service, and reduce operating costs, today announced the appointment of David Anderson as Chief Executive Officer.

Anderson served as President and CEO of TIAA-CREF Life, a wholly-owned subsidiary of TIAA, from 2012 through 2016. Prior to his time with TIAA, Anderson held a variety of senior leadership roles with Thrivent Financial. Among his responsibilities during a 27-year career there, Anderson led front-office operations for insurance and investments, service and sales support operations for the company's distribution force, and the implementation of Lean Six Sigma across the enterprise.

"Dave's 30+ years of experience in financial services, including various leadership roles in the insurance sector, makes him the right leader to build on InsPro’s momentum and lead this business to the next level of success," said Donald Caldwell, Chairman of the Board of InsPro. "Under Dave's leadership we will jumpstart our growth and solidify our position as a premier solutions provider in this highly competitive market."

“I am passionate about this industry and the role that we can play moving forward,” said Anderson. “I want our customers to look to InsPro as their trusted partner in helping them to drive their growth and improve performance. Our team of dedicated professionals are key to that partnership and the success that will follow.”

About InsPro Technologies Corporation

Through its subsidiary, InsPro Technologies, LLC, InsPro Technologies Corporation offers InsPro Enterprise, an end-to-end, web-based policy administration system used by insurance carriers and third-party administrators. By managing the entire product and policy lifecycle on a single integrated platform, customers are afforded opportunities to accelerate new product introductions, lower costs, increase customer satisfaction and improve operational performance. InsPro’s solutions are offered through standard software licensing, as a hosted solution, or via Software as a Service (SaaS) delivery.

For additional information on InsPro Technologies, LLC and InsPro Enterprise please visit www.inspro.com.

Forward-Looking Statements

In addition to historical facts or statements of current condition, this press release contains forward-looking statements within the meaning of the “Safe Harbor” provisions of The Private Securities Litigation Reform Act of 1995, including statements regarding current and future capabilities and products supported, growth in the number of clients, quality and growth potential of our technology platform, including related services, and providing the financial support and other resources needed to demonstrate the strength of this growing technology business and to continue to reinvest in the product. Forward-looking statements provide InsPro Technologies Corporation’s current expectations or forecasts of future events. Moreover, InsPro Technologies Corporation cautions readers that forward-looking statements are subject to certain risks and uncertainties, which could cause actual results to differ materially from the statements made, including risks described in InsPro Technologies’ most recent Quarterly Reports on Form 10-Q or Annual Reports on Form 10-K filed with the Securities and Exchange Commission and available on the Securities and Exchange Commission’s website at www.sec.gov. InsPro Technologies Corporation does not undertake any obligation to update any forward-looking statement to conform the statement to actual results or changes in expectations.

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