FirstBest Systems, Inc. provides software solutions for property and casualty insurers. It offers solutions that include underwriting workstations, agent portals, agency connectivity, and new business systems; FirstBest UMS, which combines underwriting and business analyst workstations with a Web 2.0 agent portal; FirstBest Agent, a point-of-sale portal for new business and renewals with supplemental data, shared documents, notes, and email notifications; and FirstBest Application Form Reader, an automatic form image translator. The company also provides FirstBest Front Office Suite that brings agents, brokers, MGAs, MGUs, and underwriters together in a collaborative underwriting process that incorporates business rules, collaboration and knowledge management tools, activities, predictive analytics, and information needed to submit, evaluate, quote, and close business. The company was founded in 2006 and is based in Bedford, Massachusetts.
Funding Rounds (4) - $30.78MUpdate
Current Team (6)Update
Board Members and Advisors (4)Update
|Aug 5, 2016||firstbest.com - Guidewire to Acquire FirstBest Systems|
|Aug 5, 2016||guidewire.com - Guidewire to Acquire FirstBest Systems|
|Aug 4, 2016||Business Wire - Guidewire to Acquire FirstBest Systems|
|Jan 5, 2016||PRNewswire All - IFG Companies Implements the FirstBest Underwriting Management System Insurer leverages UMS Express Methodology for Rapid Implementation|
|Oct 19, 2015||firstbest.com - FirstBest Systems Secures $7 Million in Series A Funding Led by IDG Ventures Boston - FirstBest|
|Feb 6, 2014||SEC - SEC FORM D|
|Apr 3, 2012||Xconomy - Boston Deals: Funding for FRX, Allocure, Good Start, & FirstBest|
|Apr 2, 2012||Boston Tech Flash - FirstBest Systems completes $10M round - Boston Business Journal|
213 Burlington Rd.
Bedford, MA 01730