Business Services Industry

Vertafore announces partnership with Microsoft on ''experience insurance'' industry initiative; Use of .Net Platform a strategic driver in the success of AMS Services and AMS- Rackley business unit products in the carrier and agency markets

Business Wire, May 23, 2005

ORLANDO, Fla. -- Vertafore, Inc(TM), the leading provider of specialized software, services, and information in the property/casualty and employee benefits insurance industry, announces today at the ACORD/LOMA Insurance Systems Forum an industry partnership with Microsoft(R) in support of their "experience insurance" initiative.

The use of .Net(TM) technology has helped propel AMS 360(R) to the forefront of the agency management system market, and has also helped AMS Services and AMS-Rackley(TM) become industry leaders in the carrier interface and real-time rating market with TransactNOW(TM), SETWrite(TM), and RATEWrite(TM).

"Vertafore business units AMS Services and AMS-Rackley have long been committed to Microsoft technology as a basis for product development, said Dominique Laborde, Senior Vice President and Chief Technology Officer of Vertafore. We are pleased to continue our partnership with Microsoft and its "experience insurance" initiative to take full advantage of all that .Net, Web services, and XML technology have to offer to our agency and carrier customers".

"A longtime Insurance Value Chain partner, Vertafore's Microsoft-based solutions built on the .NET Platform are transforming the insurance industry", said Kevin Kelly, managing director of Insurance for Microsoft Financial Services. "We are pleased that Vertafore is supporting our experience insurance initiative through products such as AMS360, which is changing the employee experience, laying the foundation for better productivity, improving service to customers and driving future innovation."

About Vertafore

Vertafore, Inc. is the leading provider of specialized software, services, and information to over 15,000 independent insurance agencies, 120,000 end users, and 300 carriers in the property/casualty and employee benefits insurance industry. Principal operating entities within Vertafore include AMS Services, AMS-Rackley, SilverPlume, and Vertafore Benefits. For more information about Vertafore and the variety of agency and carrier solutions offered, visit www.vertafore.com, or email sales@vertafore.com.

COPYRIGHT 2005 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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