Honored for Blazing New Trails in Innovative Technology in the Insurance Industry
USI Insurance Services (“USI”) announced that it was named the Vertafore “Agency of the Year” during NetVU15, the largest technology conference in insurance, held March 26-28, 2015, in Indianapolis, Indiana. The awards are special recognition to customers and partners who display leadership and vision in the industry. USI received this award at a special invitation-only gala in conjunction with an awards ceremony that was presented during the NetVU15 users conference.
USI’s project management and implementation teams are “outstanding” according to multiple nominations by Vertafore employees. Mark Sonders, senior vice president of sales and marketing at Vertafore, said: “Stew and his team at USI leveraged a technology platform to act and perform like a technology company. They are blazing new trails to the future. USI is an industry leader, and we’re proud they use Vertafore software to build their businesses and communities.”
USI has seen massive savings of personnel time, increases in efficiencies, and a significant reduction in E&O exposure due to the leveraging of this technology. One example of this innovation is eDelivery. This was developed over two years ago using Sagitta & WorkSmart, to directly ingest all documents from their top carriers, and route into a workflow without any human intervention. This has led to the elimination of all mail from these carriers, resulting in faster receipt of information, faster servicing time, faster audits, and millions of dollars in savings. The carriers have also seen their costs drop by 73 percent by using this.
Stewart Gibson, USI’s senior vice president and chief information officer, said, “We are extremely honored to be named Agency of the Year at this year’s NetVU conference. Being selected is an extraordinary testament to our partnership with Vertafore and to USI’s commitment to enhancing our technological resources through innovation and investment.”