Libertate Insurance, LLC to become the first agency entirely run on a data vault
ORLANDO, Fla., Sept. 25, 2015 /PRNewswire/ -- With a patent-pending technology focused on a system and method for the "Valuation, Acquisition and Management of Insurance Policies" (application US 14/243,265), Paul Hughes created Libertate Insurance and Risk MD, after recently selling his equity share in Risk Transfer. "Risk Transfer has a tremendous go-forward team led by Dino Fabrizio. I wish them the best and will always be a fan," stated Mr. Hughes. Post acquisition, Mr. Hughes, the former CEO and Founder of Risk Transfer, chose to pursue his technology enhanced data-driven vision through RiskMD and Libertate Insurance. Libertate will be the first insurance agency entirely run on a data vault.
Libertate Insurance President Michael Johnson has assembled an impressive team of dynamic thinkers and insurance leaders who will lead the company's innovative model in the areas of workers compensation, health, asset management, fleet tracking management, cyber liability and ancillary employer/employee divisions.
"Libertate's focus is and will always be on insuring our clientele by offering unique data-driven insurance capabilities, and supporting best in class products and services to help our business clients attract, protect and retain the American workers they employ. This allows us to play a far more valuable role in the business of our participants than that of just an insurance agent," said Mr. Hughes.
Regarding the importance and focusing on data, Mr. Johnson stated, "Data is the lifeline of our model and the core of our company. Using actuarial science to help our clients forecast and then budget events is the foundation of our process. Our insights on what the data tells us allows for a specific action plan to be created and executed. To ensure the proper action plan is in place, monitoring and implementation is the final step. Additionally, Libertate's agility allows for the ability to quickly change strategies. The speed and clarity of meaningful data allows insights our clients expect from their insurance partners that currently does not exist in the marketplace."
Libertate's proven approach to managing risk coupled with a supporting technology platform delivers products and services to clients that will "liberate" the marketplace. It is Libertate's mission that the client always comes first. The company takes the management of its client costs and insurability personally.
Libertate's patent-pending technology approach to the acquisition, valuation and ongoing performance management of an insurance policy utilizes a proprietary data vault that allows the company to bundle and to consolidate multiple insurance line placements integrated into one platform. Libertate is excited to bring this cutting-edge technology to the market place and looks forward to all future endeavors.
Contact:
Paul Hughes
Office: 877.348.8509
Email: [email protected]
www.libertateins.com
SOURCE Libertate Insurance
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