Vertafore Expands Focus on Data Analytics to Give Customers Actionable Insights to Drive Business Growth
Chad Hawkinson Tapped as New SVP of Data & Analytics, Bringing Years of Enterprise Data Experience to the InsurTech Leader
Vertafore, the leader in modern insurance technology for independent agents, carriers, MGAs, states and regulators, today announced plans to amplify its data analytics capabilities through incremental investment in its RiskMatch platform.
To lead the program, Vertafore has appointed Chad Hawkinson to the newly-created role of Senior Vice President of Data and Analytics. A seasoned enterprise data professional, Hawkinson will oversee continued expansion of Vertafore's RiskMatch solution, leveraging his expertise as a go-to-market strategist in the software and data analytics industries. Prior to joining Vertafore, Hawkinson spent seven years as Senior Vice President and General Manager for the Engineering & Product Design division at IHS Markit, a world leader in critical information, analytics and expertise, and several years in leadership roles with Progress Software, PTC and Intel.
"Most agencies and carriers recognize the potential to improve business growth and customer retention by leveraging insights hidden within their data, but they're overwhelmed by the sheer volume of data, and tools like AI, ML and advanced data modeling are beyond their scope of expertise," Hawkinson said. "That's where Vertafore comes in. We can help our customers leverage the latest technologies to unlock the insights hidden in their data to drive their businesses forward."
In addition to Hawkinson's appointment, Vertafore recently announced a collaboration with Amazon Web Services (AWS) to leverage the Amazon ML Solutions Lab in building and enhancing Vertafore products using AWS' machine learning technologies. These recent announcements underscore the importance Vertafore has placed on further enhancing its RiskMatch solution and unlocking the enormous amount of data currently inaccessible to insurers.
"RiskMatch is an excellent tool that enables Brown & Brown to deliver increased value to our customers utilizing benchmarking and analytics, collaborate more effectively with our trading partners to deliver better solutions to the market and allow our teammates to be more productive as they seek to deliver superior service," said Brown & Brown Insurance Retail CFO Bill Daly. "We look forward to working with Chad and the RiskMatch team as they continue to build out RiskMatch and better enable us to deliver enhanced value for our customers."
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 www.vertafore.com.
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