Bothell, WA. – Dec. 9, 2014 – Vertafore, the leading provider of software that transforms the business of insurance, today announced that it has been named the bronze winner for “Company of the Year” category (1000 or more employees) by the Best in Biz Awards 2014, the only independent business awards program judged by members of the press and industry analysts. This award immediately follows Vertafore’s recent recognition by Puget Sound Business Journal’s CIO/CTO of the Year as well as Oracle’s Excellence Awards for Fusion Middleware Innovation.
Powering the insurance industry for over 40 years, Vertafore is the largest insurance technology provider, with 1,200 employees and 12 global offices. Boasting the insurance software industry’s largest customer base with over 20,000 U.S. agencies, carriers, and MGA’s, Vertafore’s cloud, mobile and information technology platforms help support 96 of the top 100 agencies and 80 of the top 100 carriers. The company’s recent partnerships with technology leaders such as DocuSign, Progressive, and the ID Federation have empowered insurance agencies and carriers of all sizes to more efficiently manage their business and create value for their customers. Since January 1, 2013, Vertafore completed over 100 million real-time transactions, and today stores over one billion documents in its data center.
This year, Best in Biz awards received more than 550 award nominations from public and private companies of all sizes, from virtually every major industry and region in the U.S. and Canada. Winners of Best in Biz Awards 2014 were judged based on scoring from an independent panel of 53 judges from highly recognized newspapers, business, consumer and technology publications, radio outlets, and analyst firms. Vertafore was selected by Best in Biz for their comprehensive portfolio of technologies that enhance productivity, lower costs, and help agencies and carriers grow their businesses in an industry that represents 2.3 million U.S. employees and is valued at over $1.1 trillion in annual revenue – seven percent of the total U.S. GDP.
“We are extremely honored to be recognized by the Best in Biz Awards as a company of the year for the innovation in technology we are bringing to the insurance industry worldwide,” said Mark Sonders, senior vice president, sales and marketing at Vertafore. “This award further validates our recent innovations in Desktop as a Service and Single Sign-on capabilities that have paved the way for a better connected and mobile experience across the business, as well as, our ability to drive stronger technology adoption industrywide.”
For a full list of gold, silver and bronze winners in Best in Biz Awards 2014, visit: http://www.bestinbizawards.com/2014-winners
About Vertafore
Vertafore’s comprehensive insurance management software solutions lead brokers and carriers to adapt to an evolving insurance industry to efficiently scale their businesses through deeper access to information and insights. The Vertafore product line is built on a platform, empowering customers and other solution providers to adapt and thrive as the market changes. Vertafore’s platform features fast innovation, partnerships with the best technology companies, and customizable solutions to help companies remain independent during a time of industry disruption. As the leader in modern insurance technology with the largest customer base in the industry, Vertafore connects every point of the distribution channel, from agencies and carriers to MGAs, MGUs, and state governments. For more information about Vertafore, visit www.vertafore.com, read the company’s blog, and follow the company on Twitter, Linkedin, and Facebook.
About RiskMatch
RiskMatch is a business intelligence and analytics company that delivers a suite of web-based solutions for insurance brokers and underwriters throughout the U.S. Its patented platform delivers an array of portfolio management, analytic and data management services designed to enable brokers and underwriters to enhance performance, reduce costs, facilitate growth, and improve their client service capabilities. For more information, visit the RiskMatch site.