Larry Wilson (businessman)

Larry Wilson is an American technology entrepreneur and venture capitalist who founded the Policy Management Systems Corporation, a publicly traded insurance technology company that merged with the Computer Sciences Corporation in 2000.

Career

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In 1966, Wilson began working in the data processing department of an insurance company as a sophomore at the University of South Carolina.[1] In 1974, he founded the Policy Management Systems Corporation (PMSC), an insurance software company that went public in 1981.[2] Wilson was named a top chief executive by Forbes Magazine[3][4] and The Wall Street Transcript.[5] In 2000, he sold PMSC to the Computer Sciences Corporation for $568 million.[6]

Wilson joined Pequot Capital Management as a partner in 2006[7] and later FirstMark Capital in 2008.[8] He has served on the board of directors of Unitrends, FINEOS, AssuredPartners NL, ISSCO Graphics, and Duck Creek Technologies.

Personal life

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Wilson is an avid car collector. He owns approximately 120 automobiles, which he keeps in an 18,000 square foot facility in Jupiter, Florida.[9]

References

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  1. ^ Torcellini Geer, Carolyn (October 1, 1990). "Larry Wilson turned a college job into a $ 265 million business. Lots of people have been watching--including IBM". Forbes Magazine.
  2. ^ Wilkinson, Jeff (May 13, 2012). "Columbia: A Giant of Insurance". The State.
  3. ^ "The 200 Best Small Companies' Chief Executives". Forbes Magazine. November 16, 1987. p. 220.
  4. ^ Lauerman, Kerry (August 29, 1994). "Forbes ASAP: Top 40". Forbes Magazine. p. 122.
  5. ^ "If It Quacks Like a Duck…". The Post and Courier. June 12, 2008.
  6. ^ Rubenstein, Sarah (June 20, 2000). "Mynd Soars on Takeover Plan by Computer Sciences". The Street. Retrieved April 25, 2024.
  7. ^ McCandless, Jennifer (December 8, 2006). "Pequot raises $183m for private equity fund". Financial News. Retrieved April 25, 2024.
  8. ^ "Pequot to Separate Its V.C. and Hedge Fund Unit". The New York Times DealBook. 4 March 2008. Retrieved April 25, 2024.
  9. ^ Waters, Marvin (October 9, 2017). "Florida's Wilson Collection is a diamond in the rough". Hagerty Magazine. Retrieved April 25, 2024.