Hagerty Selects Vlocity Insurance to Power End-to-End Digital Transformation

SAN FRANCISCO, Nov. 13, 2018 /PRNewswire/ -- Vlocity, Inc., a leading industry cloud software company, announced today that Hagerty has selected Vlocity Digital Insurance to transform its legacy core systems with a modern, cloud-based insurance platform that runs entirely on Salesforce. Hagerty, an automotive lifestyle brand and also a global provider of insurance for collector cars, boats and other vintage vehicles, will replace their existing operating systems with a streamlined, omnichannel solution from Vlocity supporting the entire policy lifecycle.

Vlocity's Digital Insurance Platform will be added to Hagerty's existing Salesforce Platform and will replace several internally developed and legacy vendor applications.

"Vlocity will enable us to accelerate our digital transformation and ensure we have the agility to grow our business and innovate new products and experiences," said McKeel Hagerty, CEO of Hagerty. "Vlocity's cloud-based solutions help ensure we'll be able to move quickly, and allow us to continue to standardize on the Salesforce Platform."

Vlocity's award-winning software provides a full suite of digital insurance applications which power policy administration and claims processes for policyholders, agents, brokers, customer service representatives and underwriters on the Salesforce Platform. Life, P&C and Group insurance carriers can now leverage the world's leading CRM functionality and the trusted cloud platform for industry-specific transactions like quoting and binding a policy, issuing and paying a bill, and filing a claim.

Vlocity recently announced the availability of comprehensive integration of Vlocity Insurance with Salesforce Financial Services Cloud, a significant next step in Vlocity's collaboration with Salesforce to bring to market an end-to-end insurance solution designed for the unique needs of life, property & casualty (P&C) and group insurance providers. Vlocity has built insurance-specific functionality to work with Financial Services Cloud to help power an insurance carrier's digital transformation.

"We are excited to partner with Hagerty to bring their business to the cloud," said Raja Singh, SVP and General Manager of Vlocity Insurance. "Hagerty is a leader in their market with an expansive strategy and talented technical team. We look forward to a close collaboration as they implement the Vlocity Digital Insurance Platform across quoting, policy administration, billing and claims management across all their channels."

"Leveraging the Salesforce Platform enables organizations to drive innovation and deliver digital experiences that today's consumers and producers have come to expect," said Rohit Mahna, SVP & GM, Financial Services, Salesforce. "We are excited to see Vlocity innovate as they help Hagerty transform their business for the digital age."

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About Hagerty
Hagerty is the world's largest membership, insurance, and media organization for collectible vehicles and owners, and an automotive brand dedicated to the love and protection of driving. In addition to providing specialty insurance for more classic vehicles than anyone else worldwide, Hagerty is home to:

• The Hagerty Valuation Tool, the gold standard for collector vehicle values and market trend insights.
• Hagerty, the magazine, among the highest circulation car magazines in the country.
• "The Barn Find Hunter," one of the most popular automobile focused shows on YouTube with more than 230,000 subscribers.
• Hagerty Plus, the industry's most comprehensive roadside service.
• DriveShare, the nation's only peer-to-peer classic vehicle rental marketplace.

Hagerty also prides itself on preserving and expanding our automotive heritage through the Historic Vehicle Association (HVA), the RPM Foundation and numerous youth outreach programs. For more information, call (800) 922-4050 or visit www.hagerty.com.

About Vlocity Insurance and Financial Services
Vlocity Insurance and Financial Services apps are a modern, enterprise-scale suite of omnichannel solutions which power business processes for producers, brokers, channel managers, contact centers, and consumers on top of the Salesforce Platform. Designed for Property and Casualty, Life and Annuities, Employee Benefits, and Specialty Lines of business, Vlocity provides guided, digital interfaces for processes across the customer journey, including quoting and applications, service, account management, renewals, claims, and billing. These processes can be configured without code and deployed to any device or channel and integrate seamlessly with back-office and third-party systems. Vlocity is a member of ACORD. For more information on Vlocity Insurance, visit https://vlocity.com/industries/insurance.

About Vlocity, Inc.
Vlocity, a Forbes Cloud 100 company and strategic Salesforce ISV, delivers industry-specific cloud and mobile software that embed digital, omnichannel processes for customer-centric industries. Built in partnership with Salesforce, the world's #1 CRM company, Vlocity is one of Salesforce's fastest growing partners. Vlocity Industry Cloud Apps embed industry-specific functionality, best practices and business processes for the Communications & Media, Insurance & Financial Services, Health Insurance, Energy & Utilities and Public Sector industries. Vlocity enables companies to achieve faster business agility and time to value from the cloud across digital and traditional channels. Learn more at www.vlocity.com and follow us at @vlocity.

SOURCE Vlocity, Inc.

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