Vertafore News

Insurance Technology: Hippo, Vertafore, Monte Carlo, Marble, Coterie, Buckle and More

Home insurer Hippo is partnering with ADT to add smart home services and discounts for home insurance customers. Hippo customers in select states who enroll in its smart home program will be offered free installation of an ADT smart home …

Vertafore Reveals Potential Breach of Texas Driver Information

Denver, Colo.-based insurance information technology company, Vertafore Inc., says a potential breach has occurred of data involving information about anyone who was issued a driver’s license in Texas prior to February 2019. The company reported to the Texas Department of …

Roper to Acquire Insurance Software Firm Vertafore for $5.35 Billion

Florida-based Roper Technologies has agreed to acquire insurance software maker Vertafore in an all-cash transaction valued at approximately $5.35 billion. Roper said the Vertafore management team led by CEO Amy Zupon will continue to lead the business from its Denver, …

Roper Technologies in Talks to Buy Vertafore for $5.5 Billion, Reuters Reports

Roper Technologies Inc. is in talks to acquire Vertafore for close to $5.5 billion, Reuters reported, citing people familiar with the matter who weren’t identified. The acquisition would be the biggest ever for the Sarasota, Florida-based maker of industrial equipment, …

Bain, Vista Said to Be Weighing Sale of Software Firm Vertafore. Could It Bring $5 Billion?

Vista Equity Partners and Bain Capital are in the early stages of weighing a sale of insurance software maker Vertafore Inc., according to people familiar with the matter. The Denver-based company could be worth up to $5 billion in a …

Vertafore Taps Antanaitis as Chief Marketing Officer

Insurance technology firm Vertafore has hired marketing executive John Antanaitis as its new chief marketing officer. Antanaitis is a board advisor at EquityDoor, a real estate investing portal, and was previously CMO at ZiipRoom (acquired by Bose Corp.) for a …

Billionaire Paying Off College Students’ $40 Million Debt Has Ties to Insurance Industry

The billionaire technology investor and philanthropist who has promised to assume the $40 million student debt of the entire graduating class at Morehouse College has ties to the insurance industry. Robert F. Smith, who addressed the nearly 400 graduating seniors …

The Lowdown: Cannabis…Your Next Niche Market?

This week’s Lowdown features the 3rd annual State of the Industry Report: Examining the Cannabis Cultivation Market. This report is timely as our sponsor, Vertafore, has launched a great webinar outlining the benefits of developing niches, and in many areas …

How, Why and Where Insurance Agencies Should Use Data Analytics

As the data insurance agencies and brokerages continues to grow, agency managers are faced with having to answer how, why and where they can successfully analyze and use all of this data. The answer to the “why” is simple: To …

My Reflections on NetVU’s Accelerate Conference

Last week, I went to the Accelerate conference for users of Vertafore systems. Vertafore is a software provider for different links in the insurance distribution network. Insurance companies and agencies use different solutions to manage data and write and manage …