VeriSol Team

The VeriSol team is a powerful combination of technical expertise, industry knowledge, and business experience. Members of the team have extensive background in the insurance industry and experience in real-time verification with a company that has over 170,000 businesses using its software for payment processing. The payment processing software was acquired by VeriFone and Verification Solutions, Inc. (VeriSol), was set up to design, develop, and market real-time vehicle insurance verification software. The system design for VeriSol Vehicle Insurance Verification (VIV) is similar to payment processing. In both systems, authorized users make requests for verification through secure software that routes the requests, accesses real-time information in multiple databases, and then responds to the users.

VeriSol Management

Charles Pecchio has served as Chairman, President, and Chief Executive Officer of VeriSol since its inception in 2003. He was Chief Executive Officer of 3001, Inc., a provider of geospatial services to federal, state, and local clients and classified federal agencies, from 2004 to 2005. From 2002 to 2005, he also served  as a director of 3001 and as Vice Chairman. From 2002 to 2005, he served as Chairman of the Board of Return On Investment Corporation (ROI), which was the parent company of GO Software, Inc., a leading provider of payment processing software, until the sale to VeriFone (NYSE: PAY). From 1994 until 2002, he also served as President and CEO of ROI and its predecessor companies. Since 1985, he has provided several companies in the U.S. and Europe with capital and consulting services related to business development, mergers, and acquisitions. From 1988 to 1992, he served as a director of Spiro International SA, a Swiss public company, and as an officer and director of several affiliated companies in the U.S., the U.K, Germany, France, and Switzerland. Mr. Pecchio was a co-founder, and, from 1985 until 1992, he served as President and CEO of International Management Group, Ltd. (IMG), a venture management company that became Spiro Management Group, Ltd. in 1988. He negotiated the acquisition by IMG of Honest Face Systems, Inc., a check guaranty and financial transaction processing company, from Telecredit (now Equifax). He served as President and CEO of Honest Face from 1986 to 1988 and negotiated its sale to Comdata Holdings Corporation (now a subsidiary of Ceridian Corporation). Mr. Pecchio’s previous experience includes financial, sales, and management positions with Walston & Co., Value Line Mutual Funds, IBM Corporation, Foxboro Company, General Computer Corp., TeleVideo Systems, and NEC Information Systems.  Mr. Pecchio is a founder of Community Catalyst Corporation, a non-profit organization that serves youth, senior citizens, and the handicapped, and he serves as Chairman of CCC. He holds a Top Secret clearance from the U.S. Government.

Linda Gray serves as Executive Vice President of VeriSol. Previously, she served as Director of Marketing for Return On Investment Corporation (ROI), responsible for all marketing activities including media, advertising, trade shows, literature, newsletters, and web sites. Prior to joining ROI, Ms. Gray performed similar duties at Softrol Systems, Inc., a manufacturer of software and controls for industrial washing systems. She formerly was Director of Marketing Services at GCC Management Group and managed all marketing activities for a professional basketball team and an employee relocation company. At GCC, she also was involved in sales of services and advertising. Ms. Gray also was Manager of Customer Service and Administration at Zumpano Enterprises, an importer of clay tiles, marbles, and granites.

Daniel L. Beres serves as Southern Division Vice President. He was previously Southeast Business Manager for Intel Corporation, responsible for Solution Centers in Georgia and Virginia, including setting up the facilities, hiring staff, securing initial projects, and managing on a P&L basis. Prior to Intel, he was Southeast Business Manager for ObjectAutomation, a provider of software for networked factory automation to users like Columbia Gas, Fluor, William Bros., and NASA. Mr. Beres also was President of Automation Products Corporation, which designed, sold, and installed communication and automation systems to manufacturing, energy production, medical, automotive, and the federal government. He has also served as Vice President of Sales for two Intel companies. His previous experience includes positions as General Manager and Vice President of Engineering for other high technology companies.

Kevin P. McDonough serves as Northern Division Vice President.  He also is the Vice President and Assistant General Manager of Dickstein Associates Agency, LLC, a large multi-line Trusted Choice Insurance Agency based in New Jersey. He is a Board Member for the Independent Insurance Agents & Brokers of New Jersey, representing Region 6, serves on The Trusted Choice Committee, and is past Chairman and President of the Monmouth County Independent Insurance Agents. Mr. McDonough holds the Certified Insurance Counselor (CIC) and Certified Risk Manager (CRM) Designations. He is a volunteer for the Sunshine Foundation and the American Cancer Society.

K. J. “Skip” Nielsen serves as Western Division Vice President. He also services the Hawaii Island Driver License facilities on behalf of Marquis ID Systems. From 2002 to 2005, he was a consultant for the American Association of Motor Vehicle Administrators (AAMVA), working on the Driver License Agreement Executive Board and assisting with Commercial Driver Licensing Best Practices development. Prior to this, he was employed by the Utah Driver License Division for 29 years and served as Bureau Chief for 15 years until his retirement in 2002. His duties included directing the Financial Responsibility, Medical Screening, Training, Data Entry, Customer Service, Archives, Personnel and Commercial Driver Education Divisions. Mr. Nielsen was responsible for developing and getting legislation passed, applying for and executing federal grants, and administering the Utah Uninsured Motorist Detection Database contract. He designed and built Utah's Commercial Driver’s License (CDL) program making Utah the third state to be certified by the Federal Highway Administration (FHWA) in 1989. During his tenure with Utah, he was actively involved with AAMVA, chairing several committees and serving on other committees and work groups, including the IICMVA.

Edward S. Yco serves as Chief Technology Officer.  Since 1997, he served in several positions at Return On Investment Corporation (ROI) and its subsidiaries, including Chief Technical Officer, responsible for directing all technical aspects of ROI, Director of Alliances, responsible for managing ROI’s relationship with its alliance partners, and Director of Technical Services, responsible for managing product delivery, technical services, and support. Prior to joining ROI, Mr. Yco was with IBM for 30 years. His last position with IBM was Consulting Product Manager, AS/400 Division Marketing, where his responsibilities included coordination of marketing readiness for AS/400 hardware and software product announcements, definition of future product content, simplification of products and processes, and development of marketing plans for new products. As a Product Administrator with IBM, Mr. Yco also evaluated external proposals for investment and joint marketing by IBM.

Stuart Kane serves as Director of Systems Engineering. Previously, he was with Paragon Interface which was purchased by INSpire Insurance Solutions, where he developed data mapping and translation software and Electronic Data Interchange (EDI) software for the insurance industry. Mr. Kane has over 17 years of experience in insurance operations and automation. He has worked with insurance companies, an insurance agency, and insurance software companies.  His experience includes analysis, development, testing and implementation of software for insurance agency management and Automobile Liability Insurance Reporting (ALIR). Mr. Kane is an Oracle Certified Professional (OCP) Database Administrator (DBA), a Chartered Property Casualty Underwriter (CPCU), and an Associate in Risk Management (ARM).

Douglas H. Clemans serves as Technical Projects Coordinator. Previously, he was with ALIR Management and INSpire Insurance Solutions, where he developed electronic interfaces for Auto Liability Insurance Reporting (ALIR) programs to the Department of Motor Vehicles (DMV) in Arizona, Arkansas, California, Colorado, Florida, Georgia, Louisiana, Maryland, Nevada, New York, Oregon, and Virginia. These interfaces include data mapping to/from each DMV format, data extract from policy databases, and software for data entry, error return processing, and multi-state ALIR management. Mr. Clemans has also developed retail e-commerce web sites for OneStop.com, including dental, teacher, and outdoor camping products. He was responsible for overall catalog implementation plus order fulfillment and shipping cost models for each supplier. For four years, he served as manager of a healthcare provider database used by hospitals and HMOs to credential their physicians, specialists, and other healthcare providers. Mr. Clemans also spent 11 years with Equifax, Inc. as an EDI Consultant, Systems Engineer, and Systems Analyst.