Industry-Leading Carriers to Attend 10th Annual Vertafore Connectivity Forum as Real-time Transactions Continue Record Increase

Vertafore reports a 147% increase in agency-carrier real-time transactions since 2011.

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Bothell, WA (PRWEB) February 28, 2014

Vertafore, the leading provider of software that transforms the business of insurance, today announced that it is hosting its 10th annual Vertafore Connectivity Forum (VCF) focused on helping carriers and agencies better collaborate together to serve the insured. With more than 25 of the industry’s leading insurers in attendance, Vertafore continues to demonstrate its commitment to enable carriers and agencies to gain competitive advantage through leading-edge technologies.

The event comes on the heels of Vertafore facilitating a record 81.4 million agency-carrier real-time transactions in 2013 through its rating and management system technologies. This represents a 147 percent increase in transactions since 2011.

“According to ACT/AUGIE the average transaction without real-time capability can take upwards of 15 minutes compared to seconds with Vertafore,” said Dave Acker, Vice President, Strategic Market Development for Vertafore. “What this means is that up to 10,175 person-hours last year were given back to agencies and carriers that use real-time so they can sell more and service clients faster.”

Vertafore has assembled a panel of experts from the insurance industry, regional and large carriers and agency software partners that will offer best practices and insight into the following hot industry topics:

  •     Building an industry standard around Identity Management
  •     Mobile strategies for carriers and agencies
  •     Big Data strategies for carriers
  •     How emerging technology and practices will impact the industry

“Vertafore has never been more focused on partnering with insurers and agencies to see them excel towards achieving their business goals. We recognize how important agent and carrier connectivity and collaboration are to improving efficiencies that enhance customer satisfaction,” said Acker. “Year after year we continue to demonstrate the value and results not only of our commitment to the success of our customers, but in Vertafore’s unique ability to drive value across the insurance distribution chain. This is clear by the significant increase of agency-carrier transactions our technologies have played a role in delivering insurance for over the past few years.”

The Vertafore Connectivity Forum takes place on March 5th and kicks off the 38th NetVU conference in Nashville, TN which is from March 6-8, 2014.

Click here for more information on attending the VCF.

To register for NetVU click here.

About Vertafore

Vertafore delivers software and services that transform the business of insurance. More than 20,000 customers rely on Vertafore to provide integrated technology that connects the entire industry with the most complete source of solutions—agency management, rating and connectivity, content management and workflow, information solutions and producer lifecycle management—so their businesses run better and are more profitable. For more information about Vertafore, please visit http://www.vertafore.com.


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