NFP Selects RiskMatch Platform for Data/Analytics Support to Enhance Service, Drive New Solutions and Efficiency - Insurance News | InsuranceNewsNet

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December 23, 2017 Newswires
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NFP Selects RiskMatch Platform for Data/Analytics Support to Enhance Service, Drive New Solutions and Efficiency

Targeted News Service (Press Releases)

GREENWICH, Connecticut, Dec. 22 -- Vertafore, a provider of insurance management software solutions, issued the following news release:

NFP, a leading insurance broker and consultant that provides employee benefits, property and casualty (P&C), retirement and individual private client solutions, has selected RiskMatch, a subsidiary of Vertafore, as its platform for data and analytics support. NFP plans to leverage the patented digital technology to enhance its client service capabilities, solution development, and transactional efficiency.

"Over the years, our commercial P&C team has consistently received high marks from clients for its service levels and innovative solutions," said Mike Goldman, EVP and Chief Operating Officer at NFP. "The RiskMatch platform gives us the ability to build on our success, by leveraging the expertise of our entire organization to address the individual needs of our clients. It also provides tools and resources to expand our relationships with insurers, accelerate our solution development capabilities and drive efficiency in our insurance placement transactions."

"We're pleased that NFP is among the growing number of firms now using the RiskMatch platform," said Kabir Syed, Senior Vice President of Intelligence Solutions, Vertafore. "With extensive expertise in all risk disciplines and specialty areas, NFP will be able to leverage the platform's various capabilities to collaborate quickly and effectively on behalf of clients. The platform will also help the NFP teamwork with appropriate insurance partners to develop solutions to address their emerging risk issues."

RiskMatch provides insurance portfolio management and placement support services to insurance brokers and insurers. The largest platform of its kind, RiskMatch provides analytics and related support services for $25 billion in annual commercial P&C insurance premium placed by insurance brokers throughout the U.S.

About NFP

At NFP Corp., our solutions and expertise are matched only by our personal commitment to each client's goals. We're a leading insurance broker and consultant that provides employee benefits, property & casualty, retirement and individual private client solutions through our licensed subsidiaries and affiliates.

NFP has more than 3,800 employees and global capabilities. Our expansive reach gives us access to highly rated insurers, vendors, and financial institutions in the industry, while our locally based employees tailor each solution to meet our clients' needs. We've become one of the largest insurance brokerage, consulting and wealth management firms by building enduring relationships with our clients and helping them realize their goals.

Recently NFP was ranked the 4th largest U.S.-based privately owned broker and the 5th largest benefits broker by global revenue by Business Insurance, the 9th largest property & casualty agency by total 2016 P&C revenue by Insurance Journal, the 11th largest global insurance broker by Best's Review and the 12th largest broker of U.S. business by Business Insurance.

For more information, visit NFP.com.

About RiskMatch

A wholly owned subsidiary of Vertafore, RiskMatch is an analytics firm that delivers a suite of web-based solutions for insurance brokers and underwriters throughout the U.S. Its patented platform delivers an array of portfolio management, analytic and data management services designed to enable brokers and underwriters to enhance performance, reduce costs, facilitate growth, and improve their client service capabilities. For more information, visit http://www.riskmatch.com./

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