Company Recognized Among Pacific Northwest’s Largest and Most Innovative Technology Companies including Microsoft and Amazon, Earns Coveted Award for Second Time in Three Years
Bothell, WA. – September 22, 2016 – Vertafore, the leader in modern insurance technology, today announced that Seattle Business Magazine has recognized the company with a 2016 Tech Impact Award. Vertafore was honored as a silver award winner in the Software-as-a-Service (SaaS) category for its local and industry leadership. This is the second time in three years that Vertafore has earned the coveted award and comes during a marquee year for the company, which continues to expand its suite of nearly 40 SaaS solutions while maintaining a dominant share of the rapidly growing insurance technology (InsurTech) market.
The judging panel of technology leaders selected Vertafore alongside some of the most notable Washington-based technology companies, including Microsoft and Amazon, after previously earning the silver award in the Enterprise category in 2014. As a trailblazer in the InsurTech industry which has seen more than $7 billion in venture capital over the past three years (according to CB Insights), Vertafore is leading the charge for disruption by empowering the largest customer base in the industry with products and solutions designed to help them survive and thrive in this digital era. Vertafore’s latest SaaS innovations include the Vertafore Agency Platform™, which brings the most essential business and client management solutions into one single application experience. In partnership with Microsoft Dynamics CRM®, Vertafore Agency SalesTrack™ launched in February to give independent insurance agents efficient access to centralized customer information and make data-driven decisions for sales and marketing.
“It is an honor to win the Tech Impact Award for the second time, especially given the caliber of contenders in the Pacific Northwest, a region highly regarded as a world-class center for tech innovation,” said Theo Beack, CTO, Vertafore. “We are committed to serving this legacy as we continue to develop best-in-class SaaS solutions for a rapidly changing insurance industry.”
The awards committee received more than 100 nominations from companies across Washington. Vertafore accepted the award in front of a VIP audience of 300 tech leaders and senior executives on September 21 at Seattle’s Showbox SODO.
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.