FirstBest was formed a decade ago when the company’s founders realized the property & casualty industry lacked a cooperative underwriting environment for agents, underwriters, and related professionals. The founders recognized underwriting operations often failed to incorporate data into the risk-assessment process. To address those essential pain points, FirstBest conceived and launched transformational industry solutions for producing collaborative, accurate, and cost-effective risk evaluation.
Today, FirstBest Systems is the #1 provider of underwriting technology, serving U.S. and international property/casualty insurance companies. FirstBest facilitates underwriting scale, process efficiencies, profitability, and service excellence for its customers. In fact, FirstBest customers continue to experience significant ROI from implementing the company’s underwriting solutions. The transformational results have been validated and recognized in the industry by leading analyst firms such as Novarica and Celent.
Latest funding size
Time since last funding
|about 3 years|
|Flybridge Capital Partners, NewSpring Capital, IDG Ventures, NextStage, Brookstone|