XPT Specialty Honored as 2025 Speed to Market Innovator by Vertafore

XPT Specialty Recognized as 2025 Speed to Market Innovator

On May 9, 2025, during their annual user conference known as 'Accelerate', Vertafore®, a leader in modern insurance technology, proudly presented the 2025 Speed to Market Innovator Award to XPT Specialty. This accolade honors those entities that are pushing the envelope in terms of delivering insurance products rapidly into the marketplace by leveraging innovative technology and strategic integrations.

XPT Specialty is a wholesale brokerage and binding firm known for its robust connections with insurance professionals, providing specialized solutions across various industries. The firm has established itself as a trailblazer by collaborating closely with Vertafore to enhance technology interfaces that streamline their processes, thereby increasing their speed to market. Notably, XPT Specialty has engaged in numerous initiatives, including early testing of the integration between AIM™ and Surefyre™ platforms, aimed at expediting quoting processes and enhancing overall experiences for retail agencies.

Vertafore supports over 18,000 managing general agents (MGAs), managing general underwriters (MGUs), and various wholesale programs, utilizing specially created tools like MGA Systems™, AIM, ImageRight®, and Surefyre. Their technology-driven approach promotes a faster speed to market, which is essential in the rapidly evolving insurance landscape.

Ed Forer, Chief Administrative Officer at XPT Specialty, expressed his enthusiasm about the award. He highlighted, "At XPT Specialty, innovation and collaboration aren't just buzzwords—they're fundamental to how we operate and succeed. We believe technology should make complex tasks simpler, empowering our teams to serve retail agents, carriers, and other partners faster and better." He emphasized that receiving this award validates their commitment to driving efficiency across the wholesale insurance sector.

Rick Warter, Chief Customer Officer at Vertafore, also praised XPT’s collaborative efforts. He remarked, "XPT has been an outstanding collaborator in connecting the full power of our solutions to enable MGAs and wholesalers to respond quickly to market needs. We’re proud to honor their leadership, their spirit of innovation, and their commitment to our industry."

Vertafore's mission as North America's InsurTech leader is centered around streamlining and automating the insurance lifecycle. By empowering independent agencies, MGAs, and carriers, they strive to focus on what truly matters—serving customers efficiently. Serving a more extensive client base than any other insurance technology provider, Vertafore continues to focus on operational excellence, innovative solution development, and fostering key industry partnerships.

The recognition of XPT Specialty is not just an achievement for the firm itself but also a signal of progress within the insurance industry as a whole. As technology evolves, and integration becomes more seamless, the ability to react swiftly to market demands will be paramount for all players in the insurance sector.

As we look toward a future fueled by innovation, it is clear that partnerships between firms like XPT Specialty and Vertafore will be vital in shaping a more responsive and efficient insurance marketplace. For more information on Vertafore and their initiatives, visit their official website at www.vertafore.com.