Zywave names Simoncic new CEO, Kasper CFO

Insurance technology provider Zywave said Martin Simoncic is its new chief executive and Christian G. Kasper has joined as chief financial officer.

Simoncic most recently served as President of PROS Holdings, an artificial intelligence software-as-a-service (SaaS) solutions company. Here he also held the positions of customer director and vice president of production management. Previously, Simoncic was vice president of customer success and professional services at Zywave competitor Vertafore.

Simoncic succeeds Jason Lui, who left in April to take over as CEO of London-based Wood Mackenzie, a provider of data and analytics for the renewable energy industry.

Milwaukee-based Zywave said Kasper has served as CFO for six companies, including three cloud-based software companies. He was most recently CFO of EnterpriseDB Corporation, a software platform for managing database AI and analytical workloads. Kasper replaces Paul Rybecky, who has been with Zywave since June 2022.

Zywave is owned by private equity firms Clearlake Capital Group and Aurora Capital Partners.

“We believe that Martin and Chris’ deep software industry and operational experience at scale, combined with Clearlake’s OPS operational improvement approach, will further support the company in executing our strategic plan and delivering innovative software solutions to our customers.” said Prashant Mehrotra, partner and managing director and Erik Hansen, vice president, at Clearlake.