Scottsdale Insurance Company Signs Contract to License Vertafore PolicyIssuance

By Vertafore, PRNE
Wednesday, August 11, 2010

PolicyIssuance increases productivity for General Agents

BOTHELL, Washington, August 12, 2010 - Vertafore (www.vertafore.com), a leading provider of software and
services to the insurance industry, today announced that Scottsdale Insurance
Company - one of the largest excess and surplus (E&S) and specialty lines
carriers - will license its Vertafore PolicyIssuance product. Web-based and
built to ACORD XML standards, PolicyIssuance provides an efficient process
for General Agents to issue policies, virtually eliminating redundant
keystrokes.

Scottsdale Insurance, a wholly owned subsidiary of Nationwide, selected
PolicyIssuance to enable its General Agents to have access to its policy
forms library, receive real-time forms updates and gain improved efficiency
by saving keystrokes.

PolicyIssuance shortens a General Agent's policy-issuance cycle time and
limits errors and omissions (E&O) exposure by auto-filling data directly from
their agency management system to the appropriate and current E&S carrier
forms. Data is extracted from the agency management system, and the software
analyzes the data based on an underwriting rules engine. Once all the
mandatory data is complete, the software automatically selects the required
policy forms and pre-fills data into form sets, totally eliminating the
re-keying of data.

"Since announcing the upcoming availability of PolicyIssuance earlier
this year, we've received significant interest in the product," said Matt
McKernan
, president, Vertafore Carrier & MGA Markets. "By significantly
reducing keystrokes and increasing overall efficiency for General Agents,
PolicyIssuance's value is undeniable. We're excited to work with a company as
innovative and progressive as Scottsdale Insurance."

Vertafore PolicyIssuance is available now. For more details, contact
Patrick McCall at Vertafore: +1-570-645-5050.

About Vertafore

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 17,000 customers and 500,000 users gain a competitive advantage to
accelerate their business performance. +1-800-444-4813 |
www.vertafore.com

Media Contacts: Michelle Craig, Nyhus Communications LLC for Vertafore,
+1-206-323-3733 | michelle@nyhus.com; or Linda Caudle of Vertafore,
+1-425-354-6043 | lcaudle@vertafore.com

Michelle Craig of Nyhus Communications LLC, +1-206-323-3733, michelle at nyhus.com, for Vertafore; or Linda Caudle of Vertafore, +1-425-354-6043, lcaudle at vertafore.com

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