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February 5, 2021
Porch Group announced an expansion of their leadership team, including Adam Kornick as president of Insurtech, Andrew Beck as head of Contractor Tools SaaS, Malcolm Conner leading Porch's Home Services group, and Manisha Patel as vice president of finance. Kornick previously led data and technology functions as the chief data technologist at Allstate and was the chief analytics officer at Aviva. Beck served as general manager at EverCommerce where he built a division of home and field services SaaS solutions and supported M&A integrations. Connor served as chief executive officer at NanoSmart Technologies and its subsidiary, NanoSmart Lights. Patel served as the vice president of finance and M&A/Strategy at APR Energy. On December 23, 2020, Porch merged with PropTech Acquisition. On January 14, 2021, Porch announced the strategic acquisitions of V12, PalmTech and iRoofing, as well as its expansion into Insurtech with the acquisition of Homeowners of America, which is expected to close in the second quarter of 2021. Seattle-based Porch Group provides software and services to home services companies such as home inspectors, moving companies, real estate agencies, utility companies, and warranty companies.