Vertafore News

Claims Service, Tech, Communication Top Independent Agent Concerns

Claims, communication, and technology are the top three concerns for independent agents when placing new business with a carrier, according to insurtech Vertafore. The findings were the result of a survey of nearly 1,300 insurance professionals including account managers, agency …

Vertafore Acquires Surefyre to Expand Offerings for MGA Growth

Insurance software-as-a-service provider Vertafore said it has acquired Surefyre, a submission and underwriting platform for managing general agencies and wholesalers. The deal’s financial terms were not disclosed. Denver-based insurtech Vertafore said Surefyre’s artificial intelligence-enabled solution will be added to Vertafore’s …

Vertafore Report Highlights Agency Recruitment, Hard Market Challenges

Independent insurance agencies are struggling to find qualified job candidates, and nearly a third of agents surveyed for a recent Vertafore report said they’re finding that “young people just aren’t that interested in insurance.” Vertafore’s annual insurance workforce survey report …

Tech Update: Vertafore Delivers Policy Binding in its Personal Lines Rater; Amwins’ Online Marketplace Provides Bindable Quotes From Multiple Carriers

Vertafore Delivers Policy Binding in Personal Lines Rater Vertafore, headquartered in Denver, launched the industry’s first bind capability within a personal lines rater. Vertafore’s personal lines rating and quoting platform, PL Rating, enables independent agencies to quickly find and bind …

Vertafore Acquires MGA Systems

Insurance technology vendor Vertafore reports that it has acquired MGA Systems, a provider of software for managing general agencies based in Melville, New York. Vertafore said the acquisition gives its customers access to policy administration and rating programs that will …

People Moves: Hartford’s Guidry Joins Great America’s Alternative Markets; Vertafore Names Nguyen Chief Technology Officer

Great American’s Alternative Markets Names Guidry Vice President Great American Insurance Group announced that Jennifer C. Guidry has joined the Alternative Markets Division as vice president of Business Development and Marketing. Guidry, who is based in Windsor, Connecticut, will lead …

Vertafore Acquires Ohio-Based Insurtech AgencyZoom

Vertafore, a provider of insurance technology, has acquired Columbus, Ohio-based inusrtech AgencyZoom, a cloud-based sales automation platform for insurance agents. AgencyZoom provides insurance agents with sales analytics and customer engagement automation. The acquisition expands Vertafore’s strategy to simplify and automate …

Insurance Technology: Vertafore Unleashes Analytics for Agencies; MGA Mile Auto Raises $10.3M, Partners With Ford

Insurance agency technology firm Vertafore has released a product it says puts the power of data and analytics into the hands of independent agencies. The new offering, MarketTrends, helps agencies identify coverage trends, cross-sell opportunities and appropriate markets in an …

Insurance Technology: Bold Penguin and Thimble, Vertafore and Nationwide, eMaxx

Catching up with insurance technology developments involving Thimble and Bold Penguin, Vertafore and Nationwide, and eMaxx …. Insurtech Bold Penguin is making it easier for agents and small business customers to secure to coverage by the month or by the …

Survey Finds Insurance Agency Employees Now Prefer Mix of At-Home, In-Office Work

Insurance agency managers may need to reassess the future of the five-day-a-week office after the pandemic is over as nearly two-thirds of agency employees would like a mix of at-home and office going forward. That’s according to a report, Insurance …