Ametros appoints new chief revenue officer and VP of strategic partnerships

WILMINGTON, Mass. - Ametros, a company specializing in professional administration and post-settlement medical care coordination, announced on Wednesday the appointment of two new executives to its leadership team.

Allison Kelly has joined as Chief Revenue Officer, bringing over 20 years of insurance industry experience across claims administration, underwriting, and brokerage. In her new role, Kelly will oversee sales, marketing, and business development functions.

Patrick Conklin has been appointed Vice President of Strategic Partnerships. Conklin has more than 10 years of experience in the workers’ compensation industry, with a focus on client development and strategic partnerships.

According to Andrea Mills, Executive Managing Director of Webster Bank (NYSE:WBS) and President of Ametros, Kelly’s "extensive background and client-centered approach" position her well to help the company grow while maintaining its mission of supporting injured individuals after settlements. Webster Bank, with a market capitalization of $10.27 billion and an impressive 39-year track record of consistent dividend payments, has demonstrated strong financial performance with a 37% return over the past year. According to InvestingPro analysis, the bank currently appears undervalued based on its Fair Value assessment.

Mills stated that Conklin’s "deep understanding of payer needs and passion for building meaningful relationships" will strengthen the value Ametros provides to injured individuals. Want deeper insights into Webster Bank’s performance? InvestingPro subscribers get access to 8 additional key ProTips and comprehensive financial analysis, helping investors make more informed decisions.

Ametros, based in Wilmington, Massachusetts, helps injured individuals manage medical care and funds following settlements by providing access to discounts, medical guidance, and compliance support, according to the company’s press release statement. Webster Bank maintains a healthy financial profile with a P/E ratio of 12.5 and has received positive earnings revisions from 11 analysts for the upcoming period.

In other recent news, Webster Financial Corporation reported better-than-expected earnings for the second quarter of 2025. The company achieved earnings per share of $1.52, surpassing the forecast of $1.43, and reported revenues of $715.8 million, slightly above the anticipated $715.12 million. Following this strong performance, Jefferies raised its price target for Webster Financial to $72, maintaining a Buy rating. Similarly, Citi increased its price target to $71, also keeping a Buy rating, citing stronger-than-expected credit results as a significant factor.

In another development, Webster Financial announced that Albert J. Wang, the Executive Vice President and Chief Accounting Officer, will resign to pursue another opportunity. Gregory S. Madar, the Senior Managing Director and Corporate Controller, will serve as Interim Chief Accounting Officer starting September 3. Mr. Madar has a long history with the company, having served as Chief Financial Officer of HSA Bank, a division of Webster Bank, and as Chief Accounting Officer in previous roles. These are the latest developments surrounding Webster Financial Corporation.

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