Vertafore Claimed Company
Vertafore is a leading technology company, dedicated to building software to modernize the insurance industry. Our purpose is to simplify and automate the insurance life cycle so that our customers can focus on what matters most. Our vision is insurance distribution that’s simpler, smarter, and more human. read more
It was great for two years then Vista bought it and turned it upside down.
Briefly describe your overall experience at your company
Vertafore was a wonderful place to work until about 18 months ago. It's been down hill ever since.
What are some of the best things about your team?
Collaborative, care about each other.
What are some of the best things about your team?
Collaborative, hard-working, honest, caring, accountable.
What is most positive about the culture and environment at your company?
Nothing. Local office is great. Corporate is not.
What is most positive about the culture and environment at your company?
It was great in the past, but it's fading fast.
Why do you feel undervalued and what would make you feel better about your compensation?
Vertafore pays less than market average in every market they're in.
What do you like best about the leadership team?
Nothing. They make promises they don't keep and are not as transparent as they claim.
What's going wrong and how can it be improved?
Not sure, management is slowly strangling this company. There doesn't seem to be any vision or direction from management. They are just puppets for the parent company.
What did you like most about the interview process?
Again, things have changed. When I interviewed, it went fairly smoothly, but from what I've heard, it's much harder to interview here now, even though the quality of incoming candidates has gone down.
What's going wrong and how can it be improved?
Need new ownership. New equity owners are just trying to squeeze every dime out they can for profit, but do not appear to be at all interested in making new or interesting products for the marketplace and our existing customers.
Why do you feel undervalued and what would make you feel better about your compensation?
Vertafore has always paid a little less than comparable companies in the area. But they offered a collaborative work environment where people really cared about each other, so it balanced out. The new ownership has killed that environment, so now we're just under paid.
What does the leadership team need to get better at?
Leading - this company was doing well until the parent company (TPG) sold it to Vista/Bain. The new exec team moved it from Bothell, WA to Denver, CO at the cost of losing years of valuable industry experience to cut staff cost. They also need to be more honest, transparent and accountable.
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