XPT leads the charge in building integrations that harness MGA and wholesale insurance solutions
May 13, 2025 — XPT Specialty, a leading wholesale broker for commercial and personal insurance, today announced it is the recipient of the 2025 Speed to Market Innovator Award from Vertafore, the leader in modern insurance technology.
The prestigious accolade acknowledges XPT’s outstanding contributions to the insurance industry through its innovative approach to wholesale distribution and its deep technology connections that accelerate speed to market. From being early adopters of the AIM REST API and AIM/NetRate integration to setting the standard with Surefyre and AIM integrations, XPT is driving the industry forward.
The insurance industry, specifically MGAs and wholesalers, faces countless challenges such as rising costs, staffing pressures and compliance issues. Technology enhances productivity by automating repetitive tasks, accelerating the quoting process and equipping teams with resources to expand business capacity, without increasing headcount. XPT leverages these tools and tactics to help the industry move faster, focused on optimizing efficiency rather than simply intensifying effort.
“The wholesale insurance market demands speed, reliability, and a readiness to embrace change,” said Mark Smith, President of XPT Specialty. “At XPT Specialty, we’re proud not only of our early adoption of new technologies but also of our role in supporting others on their innovation journeys. This honor from Vertafore underscores the quality of our team’s efforts and motivates us to continue leading the charge toward a smarter, faster, and more integrated insurance landscape.”
XPT Specialty utilizes Vertafore’s tools to manage submissions, policy admin, accounting and more. The tools allow XPT to stay consistent and organized across multiple offices and support both brokerage and binding workflows.
“True innovation happens when technology meets practicality,” said Tom Ruggieri, CEO of XPT Group. “At XPT Specialty, we’re constantly testing and integrating new tools, but our ultimate measure of success is whether these tools truly empower our teams and improve experiences for our partners. This recognition from Vertafore reinforces our commitment to developing and adopting solutions that meaningfully advance our industry.”
XPT’s unique, independently owned structure guarantees local control, personalized service, and the ability to make quick, tailored decisions that directly meet customer needs. XPT works with clients to multiply value, focusing on binding business at a high rate.
To learn more about XPT Specialty and its offerings, visit https://xptspecialty.com/.
About XPT Specialty
XPT Specialty is a wholesale brokerage and binding firm that connects insurance professionals with specialized solutions across multiple industries. Through strong market relationships and a client-first approach, XPT helps agents find the right coverage for their insureds. For more information, visit www.xptspecialty.com.
Press Contact: Caroline Traylor, caroline.traylor@104west.com
