Vertafore Acquires QQ Solutions
Bothell, WA. – June 16, 2015 – Vertafore, the leading provider of software that transforms the business of insurance, today announced it has acquired QQ Solutions, Inc., a leading provider of innovative and powerful agency management systems and a comparative rater offering. The move expands Vertafore’s portfolio of agency management systems and rating solutions, creating tools for agencies of every size with every budget. The acquisition further expands Vertafore’s rating capabilities in Texas and Florida, solidifying the company’s position as the leader in the personal lines rating marketplace.
“Vertafore has long been committed to providing world-class and innovative insurance solutions,” said Jeff Hawn, CEO and chairman of the board at Vertafore. “The addition of QQ Solutions makes us the obvious choice for any agency looking for solutions to stay competitive.”
More than 500,000 insurance professionals trust Vertafore technology every day, utilizing the suite of agency management systems already in their portfolio which includes AMS360® management system, the Vertafore® Agency PlatformTM cloud-based solution, and Sagitta® management system. The addition of QQ Solutions provides agencies an unparalleled choice of technology to grow their business.
“My wife Candace and I have spent years empowering agents to unlock their potential and build their businesses with technology,” said Mark Malis, CEO of QQ Solutions. “Joining forces with the market leader in insurance technology is something I’m really excited to be a part of.”
Headquartered in Deerfield Beach, FL, QQ Solutions was recently recognized as a “Best Places to Work in South Florida” by the Sun Sentinel newspaper. The Florida-based company recently posted 70 percent growth year-over-year on their new CatalystTM platform, a SaaS-based agency management system.
For more information on Vertafore’s portfolio of products for independent insurance agencies, please visit http://www.vertafore.com.
Vertafore’s comprehensive insurance management software solutions lead brokers and carriers to adapt to an evolving insurance industry to efficiently scale their businesses through deeper access to information and insights. The Vertafore product line is built on a platform, empowering customers and other solution providers to adapt and thrive as the market changes. Vertafore’s platform features fast innovation, partnerships with the best technology companies, and customizable solutions to help companies remain independent during a time of industry disruption. As the leader in modern insurance technology with the largest customer base in the industry, Vertafore connects every point of the distribution channel, from agencies and carriers to MGAs, MGUs, and state governments. For more information about Vertafore, visit www.vertafore.com, read the company’s blog, and follow the company on Twitter, Linkedin, and Facebook.
RiskMatch is a business intelligence and analytics company that delivers a suite of web-based solutions for insurance brokers and underwriters throughout the U.S. Its patented platform delivers an array of portfolio management, analytic and data management services designed to enable brokers and underwriters to enhance performance, reduce costs, facilitate growth, and improve their client service capabilities. For more information, visit the RiskMatch site.
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Stanton Public Relations & Marketing
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