2022-06-06 | NYSE: DMS | Press release

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Demonstration of the company’s commitment to growth and excellence in the vertical insurance industry

Digital Media Solutions, Inc. (NYSE: DMS), a leading provider of data and technology-driven digital performance advertising solutions, announced that insurance marketing leader Billy Hubbard has been named Senior Vice President of Strategic Accounts.

This press release is multimedia. View the full press release here: https://www.businesswire.com/news/home/20220606005335/en/

Billy Hubbard joins DMS as SVP of Strategic Accounts. (Photo: BusinessWire)

With a proven track record of profitable, scalable growth and improved business operations, Hubbard is highly regarded as a gifted and experienced insurance leader. Along with significant expertise in insurance digital marketing and P&C insurance, Hubbard brings an impressive reputation for developing and executing strategic partnerships, sustained throughout his 20-year career, including service in the US Navy.

DMS CEO Joe Marinucci said, “We are honored to welcome Billy as an industry leader and U.S. Armed Forces veteran to DMS.” Joe continued, “Billy brings best-in-class expertise in strategic partnerships and new business growth. Adding Billy to the DMS team allows us to accelerate our commitment to driving innovation and delivering success in line with our roadmap for growth.”

In his role as Senior Vice President, Strategic Accounts, Hubbard will report to DMS EVP of Insurance, Taryn Lomas, and will focus primarily on the DMS Insurance division. DMS Insurance connects the nation’s leading insurance providers and agents with customers and near customers.

Lomas said, “The addition of Billy to our leadership team is a deeper expansion of DMS into the insurance vertical. We are thrilled to see Billy leveraging his talents to help us grow our agent base and drive customer acquisition.” She continued, “With Billy’s new role, DMS reinforces our commitment to supporting insurance agents at all levels and amplifying their success.”

“I have long admired DMS for its award-winning leadership team, commitment to data-driven results, and unparalleled dedication to the success of scaling insurance industry agents. I am delighted to join DMS at this exciting time as the organization embarks on its next phase of insurance industry expansion,” said Hubbard.

After graduating from the United States Naval Academy and doing dedicated service as a nuclear engineer in the US Navy, Hubbard launched his career in sales coaching and management in 2007. Primarily in the start-up space, Billy has implemented new business and go-to-market strategies, achieving significant gains in strategic growth, data implementation and partnership development. As the former Vice President of Strategic Accounts at EverQuote, Hubbard led the team responsible for cultivating strategic partnerships, business development, and growing agent/insurer relationships.

About DMS Insurance

A recognized insurance leader, DMS Insurance serves the digital performance advertising needs of the largest auto, home, health and life insurance providers. From enterprise-level services to agent-based assistance offered through platforms like ZipQuote, DMS Insurance is helping the insurance industry step up customer acquisition efforts and write more policies while providing unprecedented process and performance transparency.

About Digital Media Solutions

Digital Media Solutions, Inc. (NYSE: DMS) is a leading provider of digital performance advertising technology solutions connecting consumers and advertisers in auto, home, health and life insurance, as well as a long list of major consumer verticals. DMS first-party data asset, proprietary advertising technology, extensive proprietary media distribution and data-driven processes help digital advertising clients reduce risk on their ad spend while growing their customer base . Learn more at https://digitalmediasolutions.com.

Forward-looking statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. DMS’s actual results may differ from its expectations, estimates and projections and, accordingly, you should not rely on these forward-looking statements as predictions of future events. These forward-looking statements are often identified by words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intent,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “will continue,” and similar expressions.These forward-looking statements include, but are not limited to, DMS’s expectations regarding its performance and its ability to implement its strategy, and are based on the beliefs and expectations of our management team from information available at the time such statements are made.These forward-looking statements involve significant risks and uncertainties. which could cause actual results to differ materially from expected results. Many of these factors are beyond DMS’s control and are difficult to predict. Factors that could cause such differences include, but are not limited to: ( 1) our ability to identify, evaluate and complete any strategic alternatives as part of our review of strategic alternatives; (2) the possibility that DMS may not be able to realize greater value for its business through a strategic alternative and therefore retain its current corporate and business structure; (3) the possibility that DMS may decide not to undertake a Strategic Alternative or that it may not be able to complete any proposed Strategic Alternative due to, among other things, market, regulatory and other factors; (4) the potential for disruption to DMS’s business, including, among other things, the attraction and retention of customers, suppliers and key personnel; (5) any potential adverse effect on DMS’ share price resulting from the announcement of the review process of potential strategic alternatives or the results of such review; (6) the COVID-19 pandemic or other public health crises; (7) changes in customer demand for our services and our ability to adapt to those changes; (8) the entry of new competitors into the market; (9) the ability to retain and attract consumers and advertisers and to successfully develop and operate our new health insurance agency business, in the face of changing economic or competitive conditions; (10) the ability to maintain, develop and protect the data that DMS obtains from consumers and advertisers; (11) the performance of DMS’ technology infrastructure; (12) the ability to protect DMS’s intellectual property rights; (13) the ability to successfully seek out and complete acquisitions and integrate the operations of companies acquired by DMS; (14) the ability to improve and maintain adequate internal controls over the financial and management systems, and to remedy the identified material weakness; (15) changes in applicable laws or regulations and the ability to maintain compliance; (16) our substantial levels of indebtedness; (17) the volatility of the NYSE trading price of our common stock and warrants; (18) fluctuations in the value of our private placement warrants; and (19) other risks and uncertainties identified from time to time in DMS’s filings with the SEC, including those under “Risk Factors” in DMS’s Annual Report on Form 10-K and its filings. later with the SEC. There may be additional risks which we consider to be immaterial or which are unknown, and it is not possible to foresee or identify all of these risks. DMS cautions that the above list of factors is not exclusive. DMS cautions readers not to place undue reliance on forward-looking statements, which speak only as of the date made. DMS neither undertakes nor accepts any obligation or undertaking to issue updates or revisions to any forward-looking statement to reflect any change in its expectations or any change in events, conditions or circumstances on which such statement is based. .

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