Business Fintech InsurTech News

Assuredpartners Selects Vertafore’s Insurtech Solutions, Customer-first Approach & Vision For Modernization As Foundation For Next Phase Of Growth

Vertafore Scores Top Honors for Innovation, Insurtech Solutions and Culture

Vertafore announced it has been selected by Florida-based AssuredPartners as the InsurTech provider for its Project Fusion. With offices in 38 states and two countries, the project will bring the AssuredPartners’ operations onto a single platform to provide a fully integrated, enterprise-wide InsurTech solution.

Read More: Treasury Intelligence Solutions: Miltenyi Biotec Standardizes Corporate Payments and Bank Management With New Payments Platform

Market-leading InsurTech backed by strategy for long-term partnership

The agency issued a competitive RFP to source an InsurTech partner to help consolidate its technology platforms, standardize workflows and processes, align common financial and business reporting, improve the experience of their end-insureds, integrate seamlessly with essential third-party tools, and digitize client and carrier data. AssuredPartners turned to Vertafore’s comprehensive, integrated suite of solutions—backed by the company’s industry-leading strategy for agency modernization—to fulfill those goals.

“As the fastest-growing independent insurance agency in the U.S., we were looking for an InsurTech provider that could deliver market-leading solutions today and had a plan for long-term investments in future innovation,” said Tom Riley, president and incoming CEO at AssuredPartners. “The Vertafore team didn’t just meet 100% of our requirements—they presented us with a technology roadmap that will pave the way for our continued growth and success.”

Read More: GlobalFintechSeries Interview with Rob Rosenblatt, CEO at Behalf Inc.

Integrated solutions to drive efficiency

AssuredPartners will adopt an integrated suite of Vertafore’s agency managementworkflowconnectivity and client experience solutions. The agency is also a design partner for Vertafore’s Commercial Submissions™platform, the industry’s first solution that truly connects the end-insured, agents and carriers for real-time quoting and binding on commercial policies. AssuredPartners will go live on Commercial Submissions later this year.

“Vertafore came to us with a vision for a dynamic partnership, from their portfolio of innovative products to a clear strategy for long-term success and modernization,” said Joe Guercio, executive vice president of operations at AssuredPartners. “Their relationship- and customer-first focus mirrors what we believe in at AssuredPartners, making Vertafore the clear choice over other bidders.”

Vertafore serves the leading entities in the independent insurance distribution channel, with 99 of the top 100 brokers and 94 of the top 100 P&C carriers using Vertafore technology. With this latest partnership Vertafore further cements its standing with North America’s top brokers.

Read More: What a Revised US SEC Accredited Investor Definition Means for Digital Securities Markets

Related posts

Boxing Icon, Floyd Mayweather Jr., Will Launch His First Drop Of Legacy Collection NFTs Ahead Of His Fight With Logan Paul

Fintech News Desk

OKEx Allocates $100 Million for Blockchain Bevelopment in Asia to Commemorate Satoshi Nakamoto

Fintech News Desk

Green Dot Launches Ultimate Mobile Bank For Americans Living Paycheck To Paycheck

Fintech News Desk
1