News | June 25, 2015

Pinnacle And Vertafore Join Forces To Provide Personal Lines Comparative Rater Data Solutions And Services To Insurers

Bloomington, IL /PRNewswire/ - Pinnacle Actuarial Resources, Inc. and Vertafore have teamed up to develop insurance solutions incorporating Vertafore's unique personal lines market data, analytical tools, and Pinnacle's insurance expertise.

As recognized leaders in predictive analytics, Pinnacle assists companies with analyzing data at its most granular level to help unlock descriptive information. Applications of Pinnacle's analytics expertise include analyzing insurance loss costs, developing customer retention and conversion behavior models, and product management and development. Pinnacle also works with insurance companies to provide critical underwriting, claims and marketing solutions.

Pinnacle and Vertafore will be collaborating by engaging individual customers on custom projects, developing industry solutions, and producing cutting edge research. The analysis of Vertafore's expansive insurance data set will offer new insights into consumer behavior, industry trends and insurer competitive position. Pinnacle and Vertafore's combined offerings will empower insurers to better monitor market position and make informed decisions.

"Combining Pinnacle's analytics capabilities with Vertafore's quote data provides clients with a new level of competitive intelligence." says Pinnacle Principal and Consulting Actuary Roosevelt C. Mosley, Jr. "The result will provide the ability to monitor current market realities and react in a timelier manner to market trends."

"Pinnacle customers will be armed with unique insight from Vertafore that is critical to maintaining existing books of business, as well as uncovering trends and market opportunity that will enable them to continue to grow." Michele Shepard, VP Strategic Accounts, Vertafore.

About Pinnacle Actuarial Resources
Pinnacle Actuarial Resources, Inc. is an independent, full-service actuarial firm focused on the property and casualty insurance industry. Headquartered inBloomington, Ill., the firm also has offices in Atlanta, Chicago, Des Moines,Indianapolis and San Francisco. Pinnacle ranks among the largest property/casualty actuarial firms in the United States. To learn more, visit pinnacleactuaries.com or call 309-807-2300. For more information about our news and events, follow us on LinkedIn.

About Vertafore
Vertafore delivers cloud-based insurance software and services that transform the business of insurance. With the largest customer-base in the industry, more than 20,000 agencies and carriers leverage Vertafore's insurance solutions that are built on today's most advanced cloud, mobile, and information technology platforms. Only Vertafore offers the most complete portfolio of solutions for agencies and carriers to drive efficiencies and increase profitability – including agency management, rating and connectivity, content management and workflow, information solutions and producer lifecycle management. For more information about Vertafore, visit www.vertafore.com and follow the company on Twitter, LinkedIn, and Facebook.

Source: Pinnacle Actuarial Resources, Inc.

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