Heffernan Selects RiskMatch Platform for Data/Analytics to Enhance Client Service, Market Innovation, Efficiency
GREENWICH, CT, August 3, 2016 – Heffernan Insurance Brokers, one of the largest full-service, independent insurance brokerage firms in the United States, has selected RiskMatch for data and analytics to enhance its ability to deliver superior service to its clients, especially throughout its industry and niche practices; collaborate more effectively with insurers on product development and refinement; and achieve greater overall efficiency across its placement operations.
“We’ve built our reputation and success through a conscientious focus on developing niche practice businesses. Through the years, we have remained at the forefront of the industry by understanding client needs and collaborating with insurance markets to create innovative solutions,” said Mike Heffernan, president and CEO, Heffernan Insurance Brokers. “RiskMatch provides a technology platform that will increase our ability to more effectively manage our relationships with carriers and ensure that we are providing our clients with solutions based on enhanced market intelligence tailored to their individual needs and circumstances.”
“We’re extremely excited that Heffernan Insurance Brokers has made the decision to join the growing number of firms now using the RiskMatch platform,” said Kabir Syed, founder and CEO, RiskMatch. “Heffernan has a stellar reputation in the brokerage community. Knowing their team, we also are confident they will be quick to leverage the RiskMatch platform to drive performance and account service based on the ability to conduct highly targeted benchmarking, obtain real-time assessments of evolving insurance market conditions and changes in carrier risk appetites, competitive pricing trends, and optimal program structure.”
RiskMatch, a business intelligence and analytics firm, provides insurance portfolio management and placement support services to insurance brokers and insurers. The largest platform of its kind, RiskMatch provides analytics and related support services for more than $14 billion in annual commercial property and casualty insurance premium placed by insurance brokers throughout the U.S.
Heffernan Insurance Brokers, formed in 1988, is one of the largest independent insurance brokerage firms in the United States. Heffernan provides insurance and financial services products to a range of businesses and individuals. Headquartered in Walnut Creek, Calif., Heffernan has offices in San Francisco, Petaluma, Menlo Park, Los Angeles and Orange County, CA; Portland, OR; St. Louis, MO. For more information, visit https://www.heffins.com/.
RiskMatch is an analytics firm 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.
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