NASHVILLE, Tenn. and BOTHELL, Wash., June 6, 2011 (GLOBE NEWSWIRE) — Vertafore (http://ping.fm/h4L4d), a leading provider of software and information to the insurance industry, today announced that 600 insurance organizations have purchased the company’s award-winning content management solution, ImageRight. American Agricultural Insurance Company, located in Schaumburg, Ill., is the 600th ImageRight customer.
Today’s announcement was made at the IASA Educational Conference and Business Show in Nashville, Tenn. Vertafore can be found at booth 401 at the IASA Conference, which runs through June 8.
“American Agricultural selected ImageRight based on reputation, ease of use and widespread acceptance in the insurance industry,” said Janet S. Katz, executive vice president and CEO of American Agricultural. “Vertafore’s customer service has been outstanding and we look forward to the benefits ImageRight will bring to our company.”
Vertafore clients utilizing the company’s ImageRight solution represent all segments of the insurance industry, including life, property/casualty and reinsurance carriers, agencies, managing general agents (MGAs), wholesale insurance brokers and insurance service providers.
“For our customers, enterprise content management today has progressed far beyond simply eliminating paper files�it’s about creating workflows and processes that accomplish the business of insurance faster, smarter and more profitably than before,” said Matt McKernan, president of Vertafore’s carrier and MGA markets division. “The proven ability to increase productivity and lower expense ratios are the hallmarks of the ImageRight solution, as evidenced by our growing customer base.”
In sharp contrast to many horizontal legacy imaging systems, ImageRight provides fast, efficient viewing of complete policy files, not just individual documents, and saves time by facilitating straight-through processing (STP) and automating the transfer of insurance transactions, content, structured and unstructured data. ImageRight is backed by Vertafore’s 30-day, 100 percent satisfaction guarantee. For more information about ImageRight, visit http://ping.fm/kE6i3/products or call 800.444.4813.
Strong customer and product momentum continues for Vertafore. In addition to today’s announcement, last week, Vertafore announced that it had won four Vanguards in Insurance Practices (VIP) awards at the 2011 ACORD-LOMA Insurance Systems Forum held in San Diego, Calif.
�Vertafore was honored with the following four awards:
1st place: Insurance Horizontal Solutions
1st place:� Agency Systems
2nd place: Insurance Vertical Solutions, Vertafore Sircon
3rd place: Platform Technologies
The VIP Awards are sponsored by Insurance Networking News and Celent. In the 2011 VIP ranking, insurers were asked to name the technology firms that represent the “best of the best” in terms of the value they deliver. Insurance carriers in the United States and Canada ranked the top insurance technology providers across several categories, including vertical and horizontal solutions, platform technologies and IT services.
About Vertafore
Vertafore is the leading provider of software and information to the insurance distribution channel including independent agents, brokers, MGAs, carriers and reinsurers. Vertafore leverages a unique industry presence to deliver meaningful solutions – powerful technology, critical information and robust insights to help organizations effectively respond to business challenges and capture new opportunities. Vertafore solutions have helped more than 17,000 customers and 500,000 users gain a competitive advantage to accelerate their business performance. For more information about Vertafore, please visit www.vertafore.com.
� 2011 Vertafore, Inc. All rights reserved. Vertafore and ImageRight are trademarks of Vertafore, Inc. Other trademarks are the trademarks of the respective owners.
Contact: Susanne Smith, Vertafore, (425) 354-6819, susannesmith@vertafore.com
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