Rick Madock serves as an Advisor of Washington, DC-based Connected Ventures. In this role, Mr. Madock provides strategic guidance and executive oversight to Connected Ventures business investments or operations in various business-to-business and business-to-consumer insurance markets.
Mr. Madock is a visionary insurance executive driving innovation and growth for organizations across the industry. Rick has over 30 years of industry experience leading growth initiatives as a consultant, senior executive, and entrepreneur.
Rick is currently Co-founder and Chairman of Elagy, an insurance solutions company providing innovative new options for cost-effective, accelerated growth and profitability. Prior to Elagy, Rick was Managing Director of American Family Insurance’s Enterprise Solutions Group where he led development of new strategic business opportunities, identified and implemented emerging technologies to accelerate strategic objectives.
Previously, Rick was CEO of Vikaran Solutions (formerly Paradox Advisors) and was Founder and Partner at Paradox Advisors where he advised senior management teams on strategy, growth, operations and business/IT alignment to improve top line revenue growth and bottom line results. Prior to this Rick was Partner at Diamond Management and Technology Consultants (Now PwC) leading the insurance practice.
Prior to his consulting roles, Rick was Founder and CEO of Insurance Noodle, the leading on-line small commercial business insurance marketplace which was purchased by Willis LLC. At Insurance Noodle he built a network of over 3,000 insurance brokers and agents and contracted with the top 10 U.S. insurance companies. Rick has prior experience as President, Small Commercial Insurance for CNA and as Partner, Co-founder and President of Trico Investments.
Rick has an undergraduate degree from San Diego State University and an M.B.A. in strategy and finance from Claremont Graduate University – Peter F. Drucker and Masatoshi Ito Graduate School of Management.