Advanced Technologies and Orange Partner Program Underscore Success of Vertafore's Dedication to Operational Excellence
Open Access and Integration Opportunities, AI and Machine Learning Features, Business Intelligence Solutions and More on Display at Upcoming NetVU "Accelerate" Event
Vertafore, the leader in modern insurance technology for independent agents, MGAs, carriers, states and regulators, announced today that the company will showcase elements of its advanced InsurTech solutions at the Accelerate, powered by NetVU event, which will be held May 21-23 at the Duke Energy Convention Center in Cincinnati. The innovations and partnerships underscore Vertafore's dedication to operational excellence through technology integration and an open architecture strategy.
Vertafore continuously innovates and expands partnerships to ensure its customers have access to powerful insurance technologies. Earlier this year, Vertafore announced its Orange Partner Program. Participating partners include AgencyZoom, Agency Revolution, Agentero, AVYST, DYL, DocuSign, ePayPolicy, Insurance Agent App, The Kotter Group, Pathway, Prophix and Simply Easier Payments. Agreements with additional partners are under way.
"Becoming a member of the Orange Partner Program is the perfect culmination of our product development initiatives. We've been working closely with Vertafore over the past several months to make bi-directional forms a reality. Through our NetVU partnership, we have engaged with a number of agency owners and carriers we mutually identified as the industry's outstanding technology leaders to further drive integration solutions with our eForms Wizard. Their knowledge and experience have helped us build a powerful submissions tool - the first of many AVYST solutions," states Marc Still, AVYST CEO.
The program provides open access and integration opportunities for customers and partners via Vertafore APIs. This enables integration with existing Vertafore products and gives third-party technology providers access to integrate products across the company's suite of agency management systems.
"This company (AVYST) was built by insurance professionals known for their technology advocacy in the industry," notes Kitty Ambers, CIC, CPIA, CISR, AVYST Chief Growth Officer. "We are all about improving the consumer experience while increasing efficiencies across the independent agent and broker system. Because we thoroughly understand this industry and the inherent challenges for producers and CSRs in getting complete submissions to market, solving the point-of-sale data capture challenge is our first big focus. eForms Wizard and the coming integration with Vertafore products is a game changer."
More recently, Vertafore selected Amazon Web Services (AWS) as its preferred cloud provider, migrating products to the cloud leader and making AWS the standard for AI and machine learning workloads, including Vertafore's RiskMatch data and analytics solution. The AWS collaboration allows Vertafore to innovate on the most advanced and reliable cloud service in the world. Accelerate attendees will get a preview of updates to the popular RiskMatch business intelligence solution at the event.
The AWS collaboration is also enabling AI and machine learning-driven development to improve existing products and build new technologies. Vertafore is exploring opportunities to leverage AWS machine learning capabilities for a variety of purposes, including to enable text and data extraction from virtually any document, which can automate key processes. The company is also considering plans to use Amazon SageMaker machine learning services to build, train and deploy models to automate policy checking processes and expedite customer service delivery.
"Vertafore has been the leader in operational excellence for decades, and we've maintained our leadership position through continuous innovation," said Amy Zupon, CEO of Vertafore. "Our Orange Partner Program and with AWS underscore our overarching commitment to customer success. We're looking forward to showcasing our advanced InsurTech capabilities at Accelerate and to rolling out innovations that enable Vertafore customers to serve their own customers more efficiently in the years to come."
To find out more about the Accelerate event, please visit www.netvu.org/web/Accelerate. For additional information about Vertafore's suite of integrated insurance agency management solutions, visit here.
About Vertafore For over 50 years, Vertafore, the leader in modern insurance technology, has built and supported superior InsurTech solutions to connect every point of the distribution channel. Vertafore's agency management, ratings, regulation, compliance, and connectivity products streamline workflows, improve efficiency and drive productivity for more North American insurance professionals than any other provider—including more than 20,000 agencies, over 1,000 carriers and 23 state governments. Through a continual focus on operational excellence, development of innovative solutions, and alignment with key industry partners, Vertafore is leading the way for customers of all sizes by delivering results that make a difference. For more information about Vertafore, visit here.
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