ANE Adds First Independent Board Member Neal Stanley, Elects Raymond Pavese as Chairman of the Board

MONMOUTH JUNCTION, N.J., November 9, 2016 – ANE, Agency Network Exchange LLC, announced that it has added Neal Stanley as the first independent member of the ANE Board of Directors. ANE has also elected Raymond Pavese as Chairman of the Board.

“Neal Stanley adds greater depth and expertise to our Board as we pursue new strategic directions that add value for our agency members and their clients,” said John Tiene, CEO, ANE. “As Chairman of the Board, Ray Pavese continues his commitment to ANE that started when he helped to found the company seven years ago.”

“ANE is one of the most innovative models for agents,” said Stanley. “I’m very pleased to continue my involvement with independent agents working with ANE.”

Stanley has more than 30 years of experience in the management and direction of insurance companies and agencies. He recently retired as Chief Operating Officer for United Valley Insurance Services, Inc., an agency cluster in California. He joined United Valley in 2002 as executive vice president to manage its Retail Agency and to lead the Agency Acquisition Program. Stanley has served on the Board of Directors of various industry organizations and is an active member of the State Bar of California.

“It’s a privilege to serve ANE in this new role,” said Pavese. “Our industry is changing quickly and in dynamic ways. ANE is committed to helping independent insurance agents remain independent.”

A founder of ANE, Pavese began his career at the Prudential Life Insurance Company after graduating from Roger Williams University in 1986. Within a year, he joined his father at the Pavese-McCormick Insurance Agency in New Jersey, where he expanded the agency footprint from Middlesex County to thousands of clients throughout the state. He bought the agency with Michael McCormick from their fathers, and today it is one of the largest in central New Jersey with clients across the Mid-Atlantic region. He is a past president of the Middlesex County Independent Insurance Agents, Exchange Club of New Brunswick, the Brunswick Bank and Trust Advisory Board, and the Executive’s Association of New Jersey, one of the oldest and most prestigious networking organizations in the state.

ANE has grown from just seven members in 2009 to more than 45 independent insurance agencies with over $150 million in controlled premiums. In 2014, ANE announced plans to expand into Pennsylvania and other mid-Atlantic states. In the last three years, ANE has helped its members write more than $75 million in organic new business. The network paid more than $1.8 million in profit sharing to members last year.

About ANE

ANE, Agency Network Exchange LLC, was founded in 2009 to give independent insurance agents increased strength in the marketplace. ANE’s innovative and flexible model for independent agencies responds to the individual needs of agencies of all sizes. The group pools premiums to increase contingent revenue, provides direct access to market so agents can close more sales, and provides active support to help agents be better business owners. Visit ane-agents.com for more information.

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