Denver, CO (Nov. 4, 2024) \u2013 Vertafore\u00ae<\/sup>, the leader in modern insurance technology, is pleased to announce that it has acquired Surefyre, an industry leading submission and underwriting workbench platform purpose-built to empower MGAs and wholesalers. This acquisition further strengthens Vertafore\u2019s industry leadership by adding Surefyre\u2019s AI enabled, low-code\/no-code solution to Vertafore\u2019s already best-in-class MGA ecosystem of solutions.<\/p>\n The addition of Surefyre\u2019s solution will unlock even more potential for Vertafore MGA customers by adding a modern agent portal, a powerful underwriting workbench and flexible workflow automation that drives a faster and more efficient quoting process, saving hours of time issuing a policy.<\/p>\n Surefyre\u2019s technology platform includes:<\/p>\n \u201cWe are intensely focused on empowering MGAs and wholesalers through technology. With the addition of Surefyre\u2019s platform, we are setting a new standard for speed to market, operational efficiency, and growth in the MGA space,\u201d said Amy Zupon<\/span>, CEO of Vertafore. \u201cThis acquisition builds on the successful acquisition of MGA Systems<\/a>\u2122<\/sup> two years ago and is a continuation of our deep commitment to supporting MGAs with technology that enables and powers their success.\u201d<\/p>\n According to a 2024 Conning Strategy Study, the MGA market is experiencing significant growth, with more than 1,100 MGAs and program administrators writing premiums exceeding $100 billion<\/span> annually in the U.S. By acquiring Surefyre, Vertafore is strongly positioned to offer the advanced automation and flexible technology solutions MGAs require to stay competitive and thrive in this dynamic market.<\/p>\n \u201cSurefyre\u2019s mission is to push the insurance industry forward with great technology. We\u2019re proud of our team and the impact the platform has had on our customers. Joining forces with Vertafore, an industry leader that shares our vision, is a perfect next step for our product and people. This acquisition creates exciting new opportunities for innovation and growth, allowing us to continue delivering best-in-class insurtech solutions together,\u201d said Alex Bautista<\/span>, co-founder of Surefyre.<\/p>\n Surefyre, headquartered in San Francisco, CA, was founded in 2017 by Alex Bautista and Dustin Lorres. The company provides a cloud-based software platform for Property & Casualty insurance MGAs, wholesalers, and carriers, empowering them to automate workflows and optimize operational efficiency. For more information, visit www.surefyre.co<\/a>.<\/p>\n As North America\u2019s InsurTech leader for 55 years, Vertafore is modernizing and simplifying the insurance life cycle so that our customers can focus on what matters most. Vertafore\u2019s solutions provide end-to-end connectivity across the distribution channel, improve the client and agent experience, unlock the power of data, and streamline essential workflows to drive efficiency, productivity, and profitability for independent agencies, MGAs and carriers. For more information, visit www.vertafore.com<\/a>.<\/p>\n Vertafore Canada is the expert in Canadian broker innovation and a leader in the BMS (broker management systems) marketplace for insurance and financial services brokers. With a focus on improving efficiency and reducing costs, Vertafore Canada\u2019s advanced software solutions are designed to meet the needs of brokers and insurers across the country. For more information, visit www.vertafore.ca<\/a>.<\/p>\n \u00a9 2024 Vertafore and the Vertafore logo are registered trademarks of Vertafore. All rights reserved. All other trademarks are the property of their respective owners.<\/p>\n SOURCE: Vertafore Inc.<\/i><\/p>\n Tags: Artificial Intelligence (AI)<\/a>, Conning<\/a>, low code \/ no code<\/a>, MGA<\/a>, platform<\/a>, Vertafore<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":" MGAs to benefit from Vertafore\u2019s expanded solutions, accelerating speed to market, boosting revenue, and reducing costs Denver, CO (Nov. 4, 2024) \u2013 Vertafore\u00ae, the leader in modern insurance technology, is pleased to announce that...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[1],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/22735"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=22735"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/22735\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=22735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=22735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=22735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
About Surefyre<\/b><\/h4>\n
About Vertafore<\/b><\/h4>\n
About Vertafore Canada<\/b><\/h4>\n