Posted on 16 May 2012
Work At Home Vintage Employees LLC (WAHVE), a company that provides domestic remote staffing services for insurance firms, announced that veteran insurance industry executive Cynthia Hardy Young has joined WAHVE's advisory board.
Young is former president of Encompass Insurance, a $2.5-billion division of Allstate Insurance that sells personal lines products countrywide through two brands.
"Cynthia Young has a tremendous perspective on the insurance industry and how it operates, and will add an insurance company perspective to our board," stated Sharon Emek, Ph.D., president and CEO of WAHVE. "WAHVE started out working primarily with independent insurance agencies, but our staffing services work for a range of insurance firms. Cynthia gives WAHVE keen insights into the needs of insurance carriers, who are facing the same drain from baby boomer retirements as other insurance employers."
Prior to joining Encompass, Young's executive roles included serving as president of the personal lines division of Hanover Insurance and vice president of product management, personal lines for The Hartford. Young also held other profit and loss management roles at The Hartford and Progressive.
Young, while an attorney with Progressive's professional liability group, handled claims in the areas of community bank directors' and officers' liability, bankers blanket bond, trust errors and omissions and employment practices liability products. She also has career experience as a litigation associate at law firm Jones, Day, Reavis & Pogue.
Young, a graduate of Xavier University of Louisiana, earned her juris doctorate from the Notre Dame School of Law. She was honored with the "Top 100 Executives and Emerging Leaders Under 50" award from Diversity MBA Magazine and the National Eagle Leadership award from Career FOCUS Magazines. She also was named among "100 Women to Watch" by Diversity Journal. Young serves on the boards of Communities in Schools of Chicago and the Institute for Student Achievement, which is based in New York City.
Launched in April 2010, WAHVE has placed tech-savvy, newly-retired insurance professionals working from home with more than 25 insurance firms around the country on a full-time or part-time basis, representing a significant gain in efficiency for those companies.
About WAHVE: Work At Home Vintage Employees (WAHVE) is a unique, cost-saving, remote contract staffing solutions for the insurance industry. Using an innovative work-at-home model, WAHVE employs skilled insurance retirees located in the U.S. who understand the industry's technology, culture and language. By outsourcing to WAHVE, insurance firms can leverage these qualified, experienced, and technologically-savvy retirees to significantly lower costs and improve profitability.
Founded by executives who each have more than 30 years of insurance agency, technology and service-center experience, WAHVE is the only domestic alternative to offshore remote staffing for insurance firms (including agents/brokers, wholesalers, insurers, and vendors), providing back office and customer services on a full-time, part-time or temporary basis.