Ensera Inc. Announces Election of Investment Banker James L. Zech to Board of Directors
3 November 2000
Ensera Inc. Announces Election of Investment Banker James L. Zech to Board of Directors
REDWOOD SHORES, Calif.--Nov. 3, 2000--Ensera Inc. (www.ensera.com), a leader in web-enabling technology for automating the automotive collision repair claims process, elected James L. Zech, President of High Ridge Capital, to its Board of Directors.
"We are extremely pleased to have Jim join our Board of Directors. His background as an investor and investment banker in the insurance industry will be a big asset to Ensera, as we continue to deploy our business model to the automotive collision repair marketplace," said Anthony Aquila, Founder and Chief Executive Officer of Ensera Inc.
Since 1995, Zech has served as President of High Ridge Capital, a private equity firm with $150 million under management that focuses on middle market transactions in the insurance industry.
Previously, Zech was an investment banker covering the insurance industry, including working as a member of the Insurance Group of Donaldson, Lufkin & Jenrette Securities Corporation. In 1992, Zech joined S.G. Warburg & Co. Inc., which is part of Warburg's Worldwide Financial Institutions. While at Warburg, he worked on many U.S. insurance assignments as well as cross-border transactions.
"I am very excited to be elected to the Ensera Board of Directors. As a private equity investor, I am enthusiastic about the growth potential of Ensera. There is a tremendous upside to its technology, and its senior management truly understands the unique dynamics of the automobile collision repair industry. I believe that Ensera is well positioned to revolutionize today's business model," said Zech.
From 1984 to 1988, Zech was with American Independent Reinsurance Company where he held the positions of Corporate Secretary and Counsel and then Chairman and Chief Executive Officer. From 1982 through 1984, Zech was a corporate attorney with the New York law firm of Simpson Thacher & Bartlett. Zech holds a J.D. degree from New York University School of Law and a B.S. degree in economics from the Wharton School at the University of Pennsylvania.
About Ensera Inc. www.ensera.com
Based in Redwood Shores, Calif., Ensera Inc. develops and markets scalable and reliable applications designed for the business enterprises in the automotive collision repair marketplace. Its comprehensive range of online applications gives benefit and value to each enterprise, including insurance carriers, repair facilities, and parts/materials suppliers. Ensera's applications enable each of these verticals and their consumers to easily interact, synchronize, transact, and access information efficiently using the Internet. These applications are intended to lower costs, and enhance the efficiency and precision of commerce in the claims and repairs processes. Ensera provides advanced technology, excellent service and support, quality control, and a variety of tools that enhance productivity and improve customer service.