Bothell, WA (PRWEB) November 25, 2014
Vertafore, the leading provider of software that transforms the business of insurance, today announced that its chief technology officer, Theo Beack, was selected as the winner of the Puget Sound Business Journal’s third annual CIO & CTO awards in the Outstanding CTO category for companies with less than $1 billion in revenue. The award honors top executives who have leveraged technology to innovate and capture a competitive advantage for their company, customers, and region. Judges unanimously selected Beack as the winner in his category after considering his three-year tenure at Vertafore.
“Over a period of three years, we’ve created a foundation that is helping us innovate across the entire insurance ecosystem,” said Beack. “We’ve established a new company framework that runs on lean, agile methodology. This award is a reflection of our team’s hard work to successfully address technical issues and influence numerous positive changes company and industry-wide.”
The 2014 competition marks the first year the Puget Sound Business Journal opened up their prestigious CIO awards to include the Outstanding CTO of the Year categories. Entrants were evaluated on innovation in creating a competitive advantage, optimizing of business processes, and their overall impact on the company’s bottom line. Beack, alongside other 2014 winners from Paratransit Services, Outerwall Inc., MediaAlpha, Trupanion, and Seattle University, will be honored on December 10th at a special celebration at the Bell Harbor International Conference Center in Seattle.
The recognition by PSBJ follows on the heels of another recent Vertafore award win at the 8th annual Oracle Excellence Awards for Fusion Middleware Innovation. Vertafore took home top honors in the Business Process Management category for the significant business milestones achieved through their innovative use of Oracle Fusion Middleware. Together, the recent technology driven accolades speak to Vertafore’s sophistication in solving critical insurance business complexities with technology solutions.
Vertafore delivers cloud-based insurance software and services that helps transform the business of insurance. With among the largest customer-base in the industry, more than 20,000 agencies and carriers leverage Vertafore’s insurance solutions that are built on cloud, mobile, and information technology platforms. Vertafore offers a portfolio of solutions for agencies and carriers to help 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 http://www.vertafore.com, and follow the company on Twitter, LinkedIn, and Facebook.
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