High Definition Vehicle Insurance Named Standout MGA of the Year at Excellence in Insurance, Sponsored by Insurity

November 13, 2024 at 10:00 AM EST

Insurity recognized High Definition Vehicle Insurance as Standout MGA of the Year for showcasing exceptional growth, innovation, and market impact over the past year

Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today announced that High Definition Vehicle Insurance (HDVI), a technology-first commercial auto insurance provider, was named Standout MGA of the Year at this year's Excellence in Insurance awards ceremony. The event, held in Amelia Island, FL, celebrates the exceptional achievements of P&C organizations across categories such as claims, automation, data and analytics, digital experience, and other key areas of industry innovation and service.

Founded in 2018, HDVI has rapidly expanded its footprint to serve 24 states, amassing over 5 billion miles of telematics data. This dataset, combined with HDVI’s comprehensive suite of proprietary tools, empowers fleets and agents to better understand and manage risk, ensuring tailored service and significant cost savings for customers. The company’s flagship product, HDVI Shift, has proven to save fleets up to 20% on premiums each month during the policy period, equating to substantial annual savings for mid-sized fleets.

“Insurity’s continued innovation in the insurance space benefits MGAs like us who are pushing the industry forward,” said Merredith Lewis, chief product officer at HDVI. “With resources for our customers like a dedicated fleet services team, coaching tools in the HDVI Fleet portal, and a driver app that helps foster safety, HDVI continues to champion a culture of continuous improvement and risk management in the trucking industry.”

HDVI’s Shift’s compatibility with over 80% of telematics vendors, along with Safety Lookback™, enables fleets to gain upfront premium discounts by demonstrating strong safety performance. This proactive approach allows policyholders to see meaningful savings and improvements in safety practices within their first policy term.

“HDVI exemplifies what it means to push the boundaries of modern insurance,” said Chris Lafond, chief executive officer at Insurity. “Their innovative use of telematics and commitment to customer-centric service has set a new standard in the market. We are proud to celebrate their accomplishments and highlight their leadership in the MGA space.”

For more information about the Excellence in Insurance awards, please contact Elizabeth.Hutchinson@insurity.com.

About Insurity

Insurity is a leading provider of cloud-based software for insurance carriers, brokers, and MGAs. Insurity is trusted by 22 of the top 25 P&C carriers and 7 of the top 10 MGAs in the US and has over 400 cloud-based deployments. Through its best-in-class digital platform, unrivaled industry experience, and the industry's most robust analytics offerings, Insurity is uniquely positioned to deliver exceptional value, empowering customers to focus on their core businesses, optimize their operations, and provide superior policyholder experiences. Insurity is a portfolio company of GI Partners and TA Associates. For more information, visit www.insurity.com.

About HDVI

HDVI is a technology-first commercial auto insurance provider. The company assesses risk using historical and real-time telematics data and provides tools and services that help fleets increase safety, reward safe driving, and benefit from efficient and fair claims processing. HDVI is headquartered in Chicago with additional offices in Greenville, South Carolina; Columbus, Ohio; Portland, Oregon; Dallas; and San Francisco. High Definition Vehicle Insurance, Inc. is a licensed property casualty insurance agent with products underwritten by various insurance companies. For more information, visit https://hdvi.com.