EFG Expands C-Suite Spearheading Technology Innovation to Support Industry Evolution | News

DALLAS–(BUSINESS WIRE)–Aug. September 2022–

EFG Companies today announced the addition of Joe Vide to its C-suite leadership as Chief Information Officer, reflecting the company’s commitment to supporting the rapidly evolving consumer protection products industry. Vide will set the vision for EFG’s technology capabilities to achieve strategic business goals, improve efficiencies and increase customer satisfaction. For more information, see https://bit.ly/2N2SfM0.

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Joe Vide joined EFG Companies as Chief Information Officer and brings 35 years of leadership experience to lead EFG’s technology expansion and support the company’s commitment to create more opportunities to bring diverse consumer protection products to market. (Photo: Business Wire)

EFG has long recognized the value of seamless technology integration with customers and contractors. This investment and dedication led to the development of the company’s nationally award-winning platforms, such as EFG’s customer portal, JOURNEY.

“As our clients navigate significant changes in the digital space, we need to stay at least two steps ahead,” said John Pappanastos, Chief Executive Officer, EFG Companies. “Digital retailing at both our customers and EFG will become even more of a focus for our business and the businesses we serve. Additionally, our successful and continued diversification efforts will depend on our ability to deploy valuable consumer protection products in new segments while increasing cost efficiencies.”

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With more than 35 years of executive leadership experience, Vide will lead EFG’s technology expansion to support the company’s commitment to create more ways to bring diverse consumer protection products to market. Vide has a strong track record as a strategic visionary leading sustainable, high-performing, and multinational technology teams for companies such as AT&T, T-Mobile, EDS, Hypercom, and Hewlett-Packard.

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In recent years, EFG has invested significant time and resources in strengthening the company’s technology infrastructure and evolving its cybersecurity protocols to protect both customers and contract owners. Currently, EFG is certified as both Service Organization Control 2 (SOC 2) and Payment Card Industry Data Security Standard (PCI DSS) compliant. EFG is also certified as compliant with the New York Codes Rules and Regulations on data security.

About EFG companies

For more than 45 years, EFG Companies has offered consumer protection programs for vehicles and homes in seven market channels. The Company’s strategic intent is to build sustainable market differentiation and profitability for its customers and partners, including merchants, lenders, manufacturers, independent marketers and agents. EFG’s award-winning engagement model is based on the belief that the firm acts as an extension of its clients’ management teams, providing ongoing R&I development, training, product development, compliance and nationally recognized product governance with an ASE certified claims team. Learn more about EFG at: www.efgcompanies.com

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View source version on businesswire.com: https://www.businesswire.com/news/home/20220920005976/en/

CONTACT: Marcia Barnett

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Copyright Business Wire 2022.

PUB: 09/20/2022 10:58 / DISC: 09/20/2022 10:58


Copyright Business Wire 2022.

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