Acclaim IQ Selected to Participate in Guidewire's Insurtech Vanguards Program

Rhea-AI Summary

Acclaim IQ has joined Guidewire's Insurtech Vanguards program, aimed at helping insurers understand and implement innovative insurtech solutions. This program connects select startups with P&C insurers, offering strategic guidance and advocacy. W. Brian Harrigan, Acclaim IQ's CEO, expressed excitement about this recognition, highlighting the importance of agent licensing compliance in the insurance industry. Acclaim IQ's software automates the licensing compliance process, improving efficiency for insurance companies and agencies. This partnership will enhance educational efforts regarding agent appointment compliance.

SHELTON, Conn., Feb. 24, 2022 /PRNewswire/ -- Acclaim IQ, an InsurTech focused on insurance agent licensing compliance, is pleased to announce the company has joined Guidewire's Insurtech Vanguards program, an initiative led by Property and Casualty (P&C) cloud platform provider Guidewire (NYSE: GWRE), to help insurers learn about the newest insurtechs and how to best leverage their solutions.

"We are excited to be showcased as an Insurtech Vanguard by Guidewire, an active member of the insurtech community and a leader in the digital transformation of the insurance industry," according to W. Brian Harrigan, Chairman and CEO of Acclaim IQ.  

Insurtech Vanguards is a community of select startups and technology providers that are bringing novel solutions to the P&C industry. As part of the program, Guidewire provides strategic guidance to and advocates for the participating insurtechs, while also connecting them with Guidewire's P&C customers.

"Companies like Acclaim IQ exemplify what make the Insurtech Vanguards program so valuable," said Laura Drabik, Chief Evangelist at Guidewire. "Acclaim IQ's agent licensing compliance software is precisely the type of solution that our community of insurers is currently looking to implement and better meet their internal and regulatory agent appointment compliance requirements. ACCLAIM digitally enables a process that has historically been highly manual and labor intensive. Through Acclaim IQ's participation in the program, we can now provide extra value to our customers by further educating them about how the licensing compliance process for their agents can be automated, consolidated and highly efficient."

ACCLAIM empowers insurance companies, agencies, MGA, and TPA compliance professionals who have the need to track agent appointments, license status, continuing education, E&O status and tax information in a single data base, automating the process of agent onboarding and tracking all facets of the agent and adjuster licensing compliance process.

About Acclaim IQ
Acclaim IQ (www.acclaimiq.com) is the value leader for insurance agent licensing compliance.  As a spinoff of InsurIQ (www.insuriq.com), Acclaim IQ enjoys the benefit of a unique pedigree in the insurtech segment.  While the focus for many insurtech has been on distribution and claims processing Acclaim IQ focuses on supporting insurance industry compliance professionals as its singular focus. The company is headquartered in Shelton, Connecticut. To learn more about Acclaim IQ please visit www.acclaimiq.com or reach us at 203-446-8123.  

About Guidewire Software

Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. We combine digital, core, analytics, and AI to deliver our platform as a cloud service. More than 450 insurers, from new ventures to the largest and most complex in the world, run on Guidewire.

As a partner to our customers, we continually evolve to enable their success. We are proud of our unparalleled implementation track record, with 1,000+ successful projects, supported by the largest R&D team and partner ecosystem in the industry. Our marketplace provides hundreds of applications that accelerate integration, localization, and innovation.

For more information, please visit www.guidewire.com and follow us on Twitter:

@Guidewire_PandC.

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SOURCE Acclaim IQ, LLC

FAQ

What is the significance of Acclaim IQ joining Guidewire's Insurtech Vanguards program on February 24, 2022?

Acclaim IQ's participation in Guidewire's Insurtech Vanguards program enables them to connect with insurers and promote their agent licensing compliance solutions, enhancing operational efficiency.

How does Acclaim IQ's software improve agent licensing compliance for insurers?

Acclaim IQ's software automates the tedious manual processes involved in agent licensing compliance, streamlining operations for insurance companies and agencies.

Who is W. Brian Harrigan and what role does he play at Acclaim IQ?

W. Brian Harrigan is the Chairman and CEO of Acclaim IQ, overseeing the company's strategic initiatives, including their participation in Guidewire's Insurtech Vanguards program.

What is the purpose of Guidewire's Insurtech Vanguards program?

The Insurtech Vanguards program helps insurers learn about innovative insurtech solutions and connects them with startups to enhance their operational strategies.

What type of solutions does Acclaim IQ provide to the insurance industry?

Acclaim IQ provides software solutions focused on automating the tracking of agent appointments, licenses, continuing education, and compliance with regulatory requirements.