This year, Vertafore heard from nearly 2,000 individuals working at independent agencies. This diverse pool of insurance professionals shared insights into their day-to-day experience working in the industry, the impacts of the unprecedented hard market, and how they leverage technology to serve their clients.
Tag: insurance technology
Global Insurtech Funding Rises by 37.6% in Q1 2023: Gallagher Re
According to Gallagher Re’s latest Global InsurTech Report, insurtech funding rebounded strongly in the first quarter of 2023, with global investments reaching $1.39 billion.
Insurance Start-Ups Face Credibility Crisis in Brutal Tech Rout
“Forget everything you know about insurance,” was the brash tagline on a banner adorning the New York Stock Exchange when Lemonade went public in July 2020. The message captured the confidence that propelled the US insurance start-up and its peers, including Hippo and Root, on to the stock market at valuations far above those of… Continue reading Insurance Start-Ups Face Credibility Crisis in Brutal Tech Rout
Expansion of Vertafore’s Orange Partner Program Provides Independent Agencies Flexibility and More Solutions Choices
Vertafore®, the leader in modern insurance technology, today announced new additions to its Orange Partner Program to offer customers more tools to manage their agency operations and improve their client digital engagement. The program’s latest integration partners are made possible through Vertafore’s unique, API-backed open platform that enables complementary technologies to integrate with Vertafore solutions. Orange… Continue reading Expansion of Vertafore’s Orange Partner Program Provides Independent Agencies Flexibility and More Solutions Choices
2019 InsurTech Investment Reaches All-Time High at $6.37B
Total new worldwide funding commitments to the InsurTech sector in 2019 were $6.37 billion, 33.9% of the historical total, following a record-breaking $1.99 billion of investment in 75 projects during Q4 2019, according to the new Quarterly InsurTech Briefing from Willis Towers Watson, a leading global advisory, broking and solutions company. During the year, eight… Continue reading 2019 InsurTech Investment Reaches All-Time High at $6.37B