Business Editors/Hi-Tech Writers
CHANTILLY, Va.--(BUSINESS WIRE)--Jan. 16, 2001
Intersections Inc., a leading provider of identity fraud and credit protection services for consumers, announced today it has appointed Shiraz Bardai as Chief Technology Officer and Robert LaFin as
Mr. Bardai, who has more than 24 years of information technology experience, is president and chief executive officer of nVault Technologies Inc., with which Intersections recently entered into a strategic partnership. His responsibilities at Intersections will include development and implementation of web-based privacy and security services and products as well as data infrastructure to support Intersections' growth.
Mr. Bardai was the founder of NB Computer Services which specialized in developing client-server based sales force automation applications that have been used by Fortune 500 companies. His portfolio at NB Computer Services also included specialized financial applications for clients in North America and the Caribbean. Most recently, Mr. Bardai has served as a co-founder, President and CEO of nVault Technologies, a web software development firm, which provides state-of-the-art security and fraud protection services to consumers.
Mr. LaFin, who has 25 years experience in sales and marketing, will be responsible for managing relationships with Intersections' strategic partners, developing new business partnerships, and developing new business channels.
Prior to joining Intersections, Mr. LaFin was founder and managing director of a management-consulting firm for organizational design and direct response business development. The company's clients included a mix of service and retail businesses including several Fortune 500 companies.
Mr. LaFin also was vice president for insurance sales and strategic planning for a Schaumburg, Ill. firm where he managed third party sales and marketing to banks, associations, mortgage companies, retailers and other affinity groups. He has also worked as a consultant at Intersections for several years.
About Intersections Inc.
Founded in 1996, Intersections, Inc. provides consumers with tools to protect and manage their credit related financial information. Offerings include credit protection and notification services, identity theft insurance programs for members, and online privacy protection. Intersections provides its unique product offerings to the customers of many top credit card and charge card issuers as well as direct to consumers. Over 2 million consumers have used Intersections' services since 1997. Six of the top 10 credit and charge card issuers count themselves among Intersections' clients and marketing partners.
Led by a management team with extensive experience in financial services, investment banking, technology, and consumer marketing, Intersections, Inc.'s business focus is to grow their partner relationships and at the same time remain dedicated to their individual consumer customers. In addition to privacy and fraud protection, Intersections also offers health care services that can help consumers control the escalating costs of dental, vision, and chiropractic care as well as prescription drugs. Intersections had revenues of over $20 million in 1999, and in excess of $40 million in 2000.