Earning Highest Number of Honors in the Nearly Two Decades of ACORD Awards, Vertafore Established as Industry Leader in Advancing ACORD Insurance Technology Standards
BOTHELL, Wash. – November 4, 2016 – Vertafore®, the leader in modern insurance technology, today announced the company has been honored with a record seven ACORD Awards for individual and organizational contributions to the advancement of ACORD Standards over the last year. Recognized at an exclusive awards ceremony during ACORD2016, Vertafore took home the highest number of awards since the annual ACORD Awards program was established in 1997. As the global benchmark for insurance technology standards, collectively these awards establish Vertafore at the forefront of ensuring data standards are maintained while furthering innovation in the evolving InsurTech market.
During the ceremony, Vertafore was honored with four leadership awards including the prestigious organizational recognition and three individual awards. Individual Vertafore team members honored include Nellie Massoni, senior product manager of connectivity, Kristin Hicks, technical program manager of download and carrier connectivity, and Jay Routson, senior software engineer. Respectively, the three veteran Vertafore employees were selected for their work in advocacy, implementation, and development of ACORD standards both within Vertafore and the broader industry.
“As proud members of the ACORD community, Vertafore considers ACORD standards and vision at every level of product adoption, development, and implementation,” said Massoni. “These seven awards validate our efforts to make the business of insurance more efficient as we pursue the larger mission of guiding the industry towards greater clarity in the sharing of insurance data.”
Vertafore also earned three case study awards for implementation at the product-level – including Automated Direct Bill Processing (or 6PAL), Book Roll Analytics, and ID Federation – for work in ensuring efficient and effective execution across the insurance value chain. A global nonprofit organization serving the insurance and related industries, ACORD (Association for Cooperative Operations Research and Development) members include hundreds of insurance and reinsurance companies, agents and brokers, software providers, financial services organizations, and industry associations.
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.