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Earnix Welcomes Industry Veteran Craig Conway to its Board of Directors Conway brings rich experience in building multibillion-dollar market leaders

BOSTON, MA – December 7, 2021 – Earnix, a global provider of advanced AI-driven rating, pricing, and product personalization solutions for insurance and banking, today announced the appointment of Craig Conway to the board of directors.

Conway led multiple technology companies to success including PeopleSoft, One Touch Systems, and TGV Software as President and CEO. Under his leadership PeopleSoft became the world’s second-largest provider of enterprise business software. Additionally, he held instrumental senior operating positions including as Executive Vice President at Oracle Corporation.

Currently, Conway serves on the boards of Salesforce.com, Nutanix, Sitecore, and IFS. Also, he served as Executive Chairman for Guidewire, leading the company to IPO in 2012. Conway’s deep market expertise and seasoned experience as an influential chairman, board member and senior executive stands to bolster Earnix’s leadership of mission-critical systems for global insurers and banks.

“We are thrilled to have Craig, a proven leader in the technology industry, join our board of directors,” said Udi Ziv, CEO of Earnix. “His global recognition as both an executive and board member, along with a deep wealth of knowledge specific to the insurance industry, ensures Earnix will aggressively expand its market presence in existing verticals as well as pursue new opportunities for growth.”

“Earnix is building a category leading company in the new world of pricing, rating and personalization for insurance companies, banks, and fintech companies,” said Erel Margalit Earnix’s Chairman and the Founder of JVP. “Craig brings to the table a rich track record of identifying new technology trends and successfully positioning companies to be able to scale up into high-growth startups, and multibillion-dollar market leaders. We look forward to working with Craig as we translate that product leadership to international business leadership in the US, Europe and around the world.”

Conway’s distinguished and successful career in the technology industry includes being recognized as one of the Top 25 Managers by Business Week magazine; among the Ten Most Influential People in High Technology by Computer Business Review; and he is listed on the Fifty Most Powerful People in Networking by NetworkWorld Magazine. Conway is a cum laude graduate of the State University of New York at Brockport where he received a Bachelor of Science in computer science and mathematics.

“Earnix is at an exciting point in its evolution,” said Craig Conway, board member at Earnix. “Their AI Rating Pricing Personalization is the most advanced in the insurance industry, and now many industries are recognizing the same need for this sophisticated capability. It will soon be a requirement in banking, wealth management, and other fintech companies.”

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About Earnix

Earnix is a leading provider of mission-critical systems for global insurers and banks. Through Earnix, customers can provide prices and personalized products that are smarter, faster, and safer in full alignment with corporate business goals. Earnix’s customers deliver over 1.4 billion quotes per year through Earnix’s solutions, offering systemized, enterprise-wide value with ultra-fast ROI. Earnix has been innovating since 2001 with seven global offices. Visit: earnix.com.

Connect with Earnix via Twitter, LinkedIn and Facebook. Read the Earnix Blog.

Contact:
Jena Murphy

pr@earnix.com
1 617-953-5833

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A Defining Moment for Cybersecurity, for JVP, and for Israel/US Cooperation: CyberArk’s $25B Merger with Palo Alto Networks

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Last week marked a moment of both pride and reflection for all of us at JVP. The announcement of CyberArk’s $25 billion acquisition by Palo Alto Networks is not just a landmark deal in the cybersecurity landscape—it’s a powerful validation of the JVP Way, our approach to company building that continues to define our firm today.

While we are no longer CyberArk shareholders, having exited our position a few years after its IPO, we were proud to have been CyberArk’s leading and largest shareholder from its early days to several years after it became a public company and its emergence as an international category leader. While I was Chairman of the company, we partnered closely with the founders during the most formative years of its journey. Back in 2011, when many investors were ready to sell the company for $120 million, JVP chose to reinvest and increased our position to 47%, buying out early shareholders, bringing in Goldman Sachs as an equity investment partner, and partnering with management to lay the foundation for a strong international expansion. That pivotal moment gave the company the opportunity to scale into a true global market leader. 

CyberArk has always been ahead of the curve—pioneering insider threat protection, secrets management, machine-to-machine authentication, and most recently, preparing the world for secure Agentic-AI infrastructure. Its merger with Palo Alto Networks positions it to lead the AI era with a fully integrated, end-to-end security platform. 

We invite you to revisit JVP’s unique role in CyberArk’s growth in this Forbes featureReuters press, and from CyberArk’s newsroom.

This milestone is a reminder that JVP’s tried and true approach – invest, reinvest, roll up our sleeves, and work diligently alongside founders and management teams to build category leading global companies – works. The JVP Way, developed over 30 years, is what enables JVP to build companies that lead and transform industries to the benefit of our investors.

Today, we continue to apply the same methodology to our current portfolio with company after company surpassing the $100 million revenue threshold, with JVP owning 40% or more, as they too become category-leading international businesses.