Insurance broker customers will now be able to access Exdion Policy Check through their Vertafore® agency management system and Vertafore’s WorkSmart® platform.
Vertafore, the leader in modern insurance technology, announced that Exdion will be an Orange Partner. Exdion’s policy-checking software technology enables brokers to error-check the final insurance policy across all commercial property casualty insurance lines automatically. Exdion Policy Checking reduces broker Errors & Omissions risks, lowers costs and improves productivity with the elimination of time-consuming manual processes.
Vertafore customers will be able to access Exdion Policy Check, part of Exdion EDGE, a suite of digital insurance brokerage tools.
The Vertafore Orange Partner Program brings together complementary solutions that allow access to best-in-class capabilities to the Vertafore suite of products. Vertafore customers can take advantage of these solutions through integration with Vertafore products using available APIs.
Because the Exdion Policy Check platform automates the policy-checking process using artificial intelligence and machine learning, it reduces, from hours to seconds, the time it takes to produce a checklist of policy variances for an individual policy. The platform identifies variances that can lead to E&O risks for the agency. It will facilitate the ability of broker personnel to provide higher level customer service at an exceptionally low cost by eliminating the manual process of policy checking.
Orange Partners undergo a rigorous vetting process to ensure they meet Vertafore’s standards.
“As we continue to look for best in class solution providers to join our Orange Partner Program, we are really excited to add Exdion’s policy-checking InsurTech solution for our agency and MGA customers to take advantage of the integration between our solutions,” said Doug Mohr, Vertafore Vice President of Industry Relations and Partnerships.
About Exdion
Exdion is an Insurtech that partners with Insurance agencies and brokers to enable future ready businesses. Servicing some of the most successful global insurance businesses, Exdion focuses on delivering sophisticated technology through simple, flexible, and affordable engagement models. Exdion delivers a suite of digitization tools and platforms that work in tandem with agency management systems cutting across new business generation, renewals, and compliance. For more information about Exdion, visit www.exdion.com.
About Vertafore
As North America’s InsurTech leader for more than 50 years, Vertafore is modernizing and simplifying the insurance life cycle so that our customers can focus on what matters most. Vertafore’s solutions provide end-to-end connectivity across the distribution channel, improve the client and agent experience, unlock the power of data, and streamline essential workflows to drive efficiency, productivity, and profitability for independent agencies, MGAs, and carriers. For more information about Vertafore, visit www.vertafore.com.
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