Company honored for ongoing commitment to innovation and industry standards
Dec 07, 2011
Bothell, WA – Dec. 7, 2011 – Vertafore (http://www.vertafore.com), a leading provider of software and information to the insurance industry, today announced that it received two prestigious industry awards during the ACORD Implementation Forum held November 1-4 in Fort Lauderdale, FL. The 2011 awards program marks the fifth straight year that ACORD has recognized Vertafore for its innovative solutions and support of industry standards.
ACORD, a global, nonprofit standards development organization serving the insurance industry and related financial services industries, awarded Vertafore in the following categories:
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The Property & Casualty – Most Actively Involved in ACORD award was presented to Vertafore in recognition of its participation in ACORD working groups.
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The Specialty Lines – Early Adoption award was presented to the company for Vertafore PolicyIssuance. Cloud-based SaaS and built to ACORD XML standards, PolicyIssuance receives ACORD XML from MGA management systems and using its rules-based engine it generates a complete and accurate policy document in PDF and ACORD XML format. The complete policy ACORD XML is available for the carriers to pull into their systems in real-time.
“ACORD is glad to acknowledge Vertafore’s continued implementations and advocacy of industry standards. We appreciate Vertafore’s continued engagement with ACORD and for making a difference in the industry and improving ease of doing business,” said Lloyd Chumbley, vice president, standards, ACORD.
Since 1997, the ACORD Awards have recognized companies that have embraced standards as a powerful solution that improves data communications and workflow efficiency, saves money for the entire industry and expands trading partner opportunities. All award applicants must be ACORD accredited.
“Simplifying processes and improving productivity is paramount in our mission to serve our customers better and exceed their expectations,” said Mark Sonders, SVP, sales and client services at Vertafore. “Being recognized by ACORD once again is a testament to not only our effectiveness as a technology provider but also to our momentum as an insurance industry leader.”
About Vertafore
Vertafore delivers software and services that transform the business of insurance. Unique to the industry, more than 20,000 customers rely on Vertafore to provide integrated technology that connects the entire industry with the most complete source of solutions—agency management, rating and connectivity, content management and workflow, information solutions and producer lifecycle management—so their businesses run better and are more profitable. For more information about Vertafore, please visit www.vertafore.com.
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Media Contacts:
Kellen Davison
Vertafore
kdavison@vertafore.com
(425) 354-6819