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Vertafore Receives Highest Scores in Independent Agency Management System Analysis
Sep 10, 2009 (08:09 AM EDT)
BOTHELL, Wash., Sept. 10 /PRNewswire/ -- HASH(0x12a5d20) HASH(0x12a5e10) ( ), the leading provider of software and services to the insurance industry, today announced that its AMS 360 and Sagitta products both received across-the-board high scores in a recent independent analysis of agency management systems.
Sagitta received the highest scores in 10 of 11 evaluation categories, while AMS 360 received the highest scores in nine categories. The findings of the report, produced by SMA Strategy Meets Action, a Boston-based research firm specializing exclusively in the insurance industry, are based on extensive industry intelligence gathered through survey responses, in-depth product demonstrations and interviews with five key industry vendors. Research focused on the insurance agency marketplace and specifically analyzed the current and potential use of agency management systems.
"As evidenced in this report, the technology available today for the insurance industry is evolving rapidly, and the options for modern agency management systems are excellent," said Gytis Barzdukas, vice president of agency markets product management at Vertafore. "We believe SMA's report validates the feedback we've received from our customers for years: Vertafore's platforms are the most robust and effective solutions on the market today."
AMS 360 is a modern management system, available in-house or online, that enables agencies of any size to improve productivity and connect with carriers efficiently, giving agents more time to focus on customer acquisition and growth. The report noted that AMS 360 "has the ability to scale to serve a wide spectrum of agencies. Its architecture on Microsoft .NET and embrace of Web Services should enable Vertafore to expand and extend functionality. Connectivity to its suite of applications may be attractive to agencies that would prefer to buy from only a few vendors."
Sagitta, the leading management system for larger agencies, provides enterprise-class functionality for managing and growing an agency. Per SMA's report, "Sagitta provides deployment flexibility to meet the potentially more demanding and technologically sophisticated needs of the largest agencies. Because it offers the ability to deploy an in-house or a hosted solution, the largest firms should be able to select an implementation to their liking. Sagitta boasts full functionality in core areas of billing and financial, customer management, reporting and security features as well as third-party financial management."
The complete report is available on Vertafore's Web site at HASH(0x12a8de0) .
For more information on the report, titled "Agency Management Systems: Marketplace & Vendor Analysis - Satisfying Today's Needs, Positioning for Tomorrow's Opportunities," visit HASH(0x12a8fc0) .
Vertafore is the leading provider of software, services, 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 15,000 customers and 200,000 users gain a competitive advantage to accelerate their business performance. For more information about Vertafore, please visit HASH(0x12aa9c0) .
Exclusively serving the insurance industry, SMA is a new breed of strategic advisory firm offering a unique blend of research, advisory and consulting services to both insurance companies and solution providers. By leveraging best practices from both the management consulting and research advisory disciplines, SMA's advisory service offerings are actionable business-driven and research-based. For companies eager and ready to embrace change and achieve business success taking strategies to meet action is critical. Their suite of advisory offerings include: advice, consulting, research, and education. Additional information on SMA can be found at www.strategymeetsaction.com.
Media Contacts: Michelle Craig, Nyhus Communications LLC for Vertafore, (206) 323-3733 | firstname.lastname@example.org; or Linda Caudle of Vertafore, (425) 354-6043 | email@example.com
CONTACT: Michelle Craig of Nyhus Communications LLC, +1-206-323-3733, firstname.lastname@example.org, for Vertafore; or Linda Caudle of Vertafore,+1-425-354-6043,
Web site: http://www.vertafore.com/ http://www.strategymeetsaction.com/