Bothell, WA. – December 2, 2015 – Vertafore®, the leading provider of software that transforms the business of insurance, today announced that it has been recognized by Insurance Business America as a 2015 Five Star Partner with two “Best of the Best” titles, as voted by readers. Also announced today is Vertafore’s bronze win in Company of the Year (Large Category) from the Best in Biz Awards, the only independent business awards program judged by members of the press and industry analysts. These awards come just after the company received top honors last month from ACORD, a global nonprofit that improves data quality and information exchange for the insurance industry, at their annual conference. These wins round out the 2015 award season with ten notable industry accolades for Vertafore’s accomplishments.
Insurance Business America—“Best of the Best”
Insurance Business America recognized QQCatalyst and Vertafore PL Rating as two of the “Best of the Best” technology solutions for independent insurance agents and brokers, as voted on by readers. QQCatalyst was selected for its accessible cloud-based system with an open application programming interface and modular pricing plan. Vertafore PL Rating was also recognized with high marks from readers for dramatically reducing the time spent visiting carrier websites due to its multi-carrier and real-time rating application.
Best in Biz—“Company of the Year”
The fifth annual Best in Biz Awards boasted the highest number of submissions to date with more than 600 entries from a wide array of public and private companies of all sizes and varieties. For the Company of the Year category, the judges consider overall company achievements and excellence, rather than focusing only on fast growth, innovations or employee culture. Winners of Best in Biz Awards 2015 were determined based on scoring from an independent panel of 46 judges from highly recognized newspapers, business, consumer and technology publications, radio outlets, and analyst firms.
“We’re honored to accept these awards that focus on driving innovation and helping our customers thrive in an era of disruption to the insurance industry,” said Guy Weismantel, vice president of marketing at Vertafore.
ACORD awards
Vertafore also won top honors at the annual ACORD Forum in early November, with wins in three categories: software innovation, industry advocacy and advancements made with ID Federation. An ACORD award is an honor globally endorsed throughout the insurance industry to recognize outstanding achievement in business process improvement, individual and organizational leadership, global outreach and industry excellence. This year, Vertafore beat out nearly 60 other entrants to take home the ACORD Leadership Award for its efforts in advancing insurance technology sophistication, the Momentum Award for its innovation with the AL3 Viewer software, and the Case Study Award for implementation of ACORD Standards and architecture with ID Federation.
These latest award wins are just the latest in a string of accolades for Vertafore in 2015. Insurance Networking News and Celent recently recognized the company at its 8th Annual Vanguards in Insurance Practices (VIP) award ceremony, where Vertafore was honored for its prowess in insurance carrier data management. Additionally, Vertafore’s advancements in cloud computing have earned the company honors from Puget Sound Business Journal as one of Seattle’s top five cloud computing companies, The Stevie Awards, and the BIG Independent Group.
More information on Vertafore.
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, analytics 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.