IASA Conference – Vertafore
and Guidewire
Software, Inc. (NYSE:GWRE), today announced that Vertafore has
joined Guidewire PartnerConnectTM, as a Solution
Partner. PartnerConnect is Guidewire’s global network of select partner
companies that provide consulting services or solutions to enhance,
extend, and complement the capabilities of Guidewire products.
Vertafore plans to integrate its TransactNOW solution with Guidewire
InsuranceSuiteTM and portal modules. TransactNOW connects
agencies with insurance carrier systems in real time from Vertafore’s
agency management system and improves connectivity between carriers,
brokers, and agents. InsuranceSuite includes modules for claims
management, underwriting and policy administration, and billing,
complemented by mobile and portal access.
Today’s insurance agents require a deeper technology integration and
connection with carriers in order to drive business efficiencies and
offer consumers the most accurate information possible. A recent report
titled, “How
Independent P&C Insurance Agencies Are Thriving in Today's Competitive
Marketplace,” 1 from research firm Aite Group, revealed
that 63% of agencies are looking to leverage carrier partnerships as a
means of gaining access to extended marketing and technology
capabilities. Working with over 85 of the top 100 carriers and 95 of the
top insurance agencies in the US, Vertafore is strengthening the
connection across the insurance ecosystem, leading to increased
efficiency and better customer service.
“Vertafore’s commitment to technology integration for both carriers and
agents makes them a meaningful addition to our partner ecosystem and an
important alliance for us,” said Neil Betteridge, vice president,
strategy, Guidewire Software. “We look forward to facilitating
agency-carrier collaboration across Vertafore’s agency systems,
Guidewire InsuranceSuite and our newly announced Gateway Portal for
Agents, which provides enhanced digital channel support to our mutual
customers.”
“Guidewire is the gold standard in the carrier technology space,” said
Steven Finch, vice president, Strategic Solutions, Vertafore. “The
impact of this alliance will be felt by our mutual customers as we focus
on providing them with the technology to reduce project implementation
times, streamline compliance, and empower them to become more efficient
and profitable.”
About Vertafore
Vertafore delivers cloud-based insurance software and services that
transform the business of insurance. With the largest customer-base in
the industry, more than 20,000 agencies and carriers leverage
Vertafore’s insurance solutions that are built on today’s most advanced
cloud, mobile, and information technology platforms. Vertafore offers
the most complete portfolio of solutions for agencies and carriers to
drive efficiencies and increase profitability – including agency
management, rating and connectivity, content management and workflow,
information solutions and producer lifecycle management. For more
information about Vertafore, visit www.vertafore.com
and follow the company on Twitter,
Linkedin,
and Facebook.
About Guidewire PartnerConnect
Guidewire PartnerConnectTM is a network of select partner
companies that provide consulting services and solutions to enhance,
extend, and complement the capabilities of Guidewire products. Our
worldwide partner community helps contribute to the success of our
mutual customers in the Property/Casualty insurance industry by
delivering Guidewire software implementations, value-add solution and
technology offerings, and guidance on insurance industry best practices.
Guidewire PartnerConnect is an invitation-only program. For more
information about Guidewire PartnerConnect please visit www.guidewire.com/partners/.
About Guidewire Software
Guidewire builds software products that help Property/Casualty insurers
replace their legacy core systems and transform their business. Designed
to be flexible and scalable, Guidewire products enable insurers to
deliver excellent service, increase market share and lower operating
costs. Guidewire InsuranceSuite™ provides the core systems used by
insurers as operational systems of record. Additional products provide
support for data management, business intelligence, anytime/anywhere
access and guidance and monitoring. More than 180 Property/Casualty
insurers around the world have selected Guidewire. For more information,
please visit www.guidewire.com.
Follow us on twitter: @Guidewire_PandC.
NOTE:
Guidewire, Guidewire Software, Guidewire ClaimCenter, Guidewire
PolicyCenter, Guidewire BillingCenter, are registered trademarks of
Guidewire Software, Inc. in the United States and/or other countries.
Vertafore and TransactNOW are trademarks of Vertafore and its
subsidiaries. Third party trademarks belong to their respective owners.
1How Independent P&C Insurance Agencies Are Thriving in
Today's Competitive Marketplace, Aite Group, Fall 2014
View source version on businesswire.com: http://www.businesswire.com/news/home/20150608005514/en/
Copyright Business Wire 2015