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Open Lending Announces Ross Jessup as Chief Executive Officer and Massimo Monaco as President

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Open Lending Corporation ("Open Lending"), a provider of automotive lending enablement technology, risk analytics, and risk-based pricing solutions for financial institutions, today announced the appointment of Ross Jessup as Chief Executive Officer and Massimo ("Mass") Monaco as President.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261015624561/en/

The appointments follow ANV Group Holdings Ltd.'s ("ANV") acquisition of Open Lending in July 2026 and mark the next step in building Open Lending's leadership team as part of ANV's Credit & Protection platform.

Jessup, a co-founder of Open Lending, returns to lead the business he helped establish more than two decades ago. He recently served as President and Chief Operating Officer and has remained a strategic advisor to the company since 2022. Under his earlier leadership, Open Lending grew into a leading provider of automotive lending solutions serving hundreds of financial institutions nationwide, earning repeated recognition as one of the fastest-growing private companies in the U.S.

Monaco joined Open Lending as Chief Financial Officer in 2025 and brings more than 20 years of experience in finance, operations, and strategic planning. He previously served as CFO of Arc Home and held senior finance leadership roles at PHH Corporation and American Financial Resources.

"Ross and Mass are the right leaders to guide Open Lending through its next phase of growth and value creation," said Adam Karkowsky, Chairman and Chief Executive Officer of ANV. "Ross's deep relationships with Open Lending's employees, customers, and partners, combined with Mass's operational and financial leadership, create a strong foundation for continued growth and long-term success as part of ANV."

"I'm honored to return and lead Open Lending at such an exciting time," said Jessup. "We have real opportunity ahead, and I look forward to working with Mass and the team to build on what we've created."

"Open Lending has a strong platform and talented team," added Monaco. "I'm excited to partner with Ross as we focus on strengthening our credit solutions, disciplined execution and sustainable growth as part of ANV."

About Open Lending

Open Lending Corporation is a leading provider of lending enablement solutions and risk analytics for automotive lenders throughout the United States. Headquartered in Austin, Texas, Open Lending joined ANV's growing portfolio of specialty businesses in July 2026.

About ANV

ANV Group Holdings Ltd. is an independent, global insurance intermediary platform operating across the United States, the United Kingdom, and Europe, bringing together a portfolio of specialist MGAs and technology-enabled businesses. For more information, visit https://www.anvinsurance.com.

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