Insuresoft positioned the highest for ability to execute in the challengers quadrant.
(University Park, IL) October 22, 2018 – Insuresoft, a leading core platform provider for property and casualty insurers, announced that it has been recognized as a Challenger for its Diamond Insurance Platform in Gartner’s October 2018 “Magic Quadrant for P&C Core Platforms, North America.” Diamond is a digital insurance platform valued by insurers for the speed of its cloud-based deployment and breadth of its policy, billing, claims and analytics functionality for all personal and commercial lines of business.
Gartner defines the North American P&C core platform market as composed of offerings that are aligned with the digital business technology platform concept. These core platforms include elements such as policy, billing and claims management as well as data analytics, integration accelerators, agent portals and consumer self service functions from any device. The report evaluated 15 vendor solutions in the P&C core platform market that have qualified for inclusion.
Insuresoft improved its position in both its completeness of vision and ability to execute. Insuresoft was positioned the highest in the Challengers quadrant for its ability to execute in the report. We believe our position reflects Insuresoft’s 100% implementation success rate, our experience supporting cloud deployments and significant investments we’ve made in providing easily consumable APIs that enable Diamond’s policy, billing and claims modules to operate from any device.
“I’d like to thank our team, clients and partners,” said Tony Villa, CEO of Insuresoft. “We recognize that our success is only made possible through our clients’ continued support and trust in our abilities. We are incredibly excited about the future of insurance and are committed to building on this year’s Magic Quadrant recognition by continuing to deliver innovative solutions that enable our clients to better service their customers.”
About the Magic Quadrant
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Insuresoft is a privately held independent software vendor with offices in University Park, IL and Tuscaloosa, AL. Insuresoft’s flagship product, Diamond, is a digital insurance platform comprised of policy, billing, claims and analytics modules that are utilized by property and casualty insurers. The platform processes all personal and commercial lines of business across all 50 states. Insuresoft’s clients span the continuum from start-up MGA to some of the largest carriers and brokers in the United States. For more information, visit www.insuresoft.com, email email@example.com, or call 866-299-1314.