High Customer Satisfaction Reflected in Multiple Vanguards in Insurance Practices Award Wins for Vertafore

SAN DIEGO and BOTHELL, Wash., May 23, 2011 /PRNewswire/ -- Vertafore (http://www.vertafore.com), a leading provider of software and information to the insurance industry, today announced that high rankings by customers have resulted in the company winning four Vanguards in Insurance Practices (VIP) awards at the 2011 ACORD-LOMA Insurance Systems Forum held in San Diego, Calif.

The VIP Awards are sponsored by Insurance Networking News and Celent. In the 2011 VIP ranking, insurers were asked to name the technology firms that represent the "best of the best" in terms of the value they deliver. Insurance carriers in the United States and Canada ranked the top insurance technology providers across several categories, including vertical and horizontal solutions, platform technologies and IT services.

"The empirical data we collect is a formal testament to the vote of confidence readers are giving to their solution provider partners," said Pat Speer, editor-in-chief of Insurance Networking News. "We congratulate those companies that earned a spot on the ranking."

Vertafore was honored with the following four awards:

• 1st place: Insurance Horizontal Solutions
• 1st place:  Agency Systems
• 2nd place: Insurance Vertical Solutions, Vertafore Sircon
• 3rd place: Platform Technologies

"These four awards are a clear demonstration of the powerful relationships Vertafore has built with customers across the insurance distribution channel," said Matt McKernan, president of Vertafore's carrier and MGA markets. "This honor confirms our belief that as a solutions provider operating exclusively in the insurance industry, our focus and industry expertise delivers real value to our customers."

In partnership with Insurance Networking News, Celent, a Boston-based financial research and consulting firm, led the survey development, data collection and analysis for the rankings. The result is a truly insightful ranking based on objective peer review.

"The VIP program is an excellent feedback loop for insurers as they consider who to partner with, and where to spend their IT budgets," said Craig Weber, senior vice president responsible for Celent's insurance practice. "There are many paths to achieving 'favorite vendor' status, but the unifying thread is that recipients of VIP recognition are effectively solving problems for their customers."

Vertafore can be found at booth #625 at the ACORD-LOMA Insurance Systems Forum, which runs through May 24.

About Vertafore

Vertafore is the leading provider of software, services, and information to the insurance distribution channel including independent agents, brokers, MGAs, carriers and reinsurers. Vertafore leverages a unique industry presence to deliver meaningful solutions - powerful technology, critical information and robust insights to help organizations effectively respond to business challenges and capture new opportunities. Vertafore solutions have helped more than 17,000 customers and 500,000 users gain a competitive advantage to accelerate their business performance. 800.444.4813 | www.vertafore.com

© 2011 Vertafore, Inc. All rights reserved. Vertafore and Sircon are trademarks of Vertafore, Inc. Other trademarks are the trademarks of the respective owners.

Contact:
Susanne Smith
Vertafore
(425) 354-6819
[email protected]

SOURCE Vertafore

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