Sikich Partners with VIPR Solutions to Enhance U.S. Delivery and Support

Sikich Regulatory, Quality & Compliance Insurance Technology (InsurTech) Team Coordinates Strategic Partnership

CHICAGO – September 19, 2024 – Sikich, a Chicago-based global leader in technology-enabled Regulatory, Quality & Compliance Insurance Technology (InsurTech), is pleased to announce a strategic partnership with VIPR solutions. VIPR, a global leader specializing in delegated authority business, focusing on underwriting authorities granted by insurers to third parties like managing general agents, brokers and coverholders. VIPR offers a range of software solutions for the program business insurance sector, including data management, compliance, and regulatory requirements.

This collaboration solidifies Sikich’s dedication to the Insurance industry and role as a systems integrator for VIPR’s U.S. delivery operations, enhancing localized implementation and first-line support across different time zones and reinforcing VIPR’s expanding footprint in North America.

With a comprehensive portfolio of professional services, Sikich is uniquely positioned to address and resolve complex challenges faced by businesses today. This partnership with VIPR Solutions enables Sikich to leverage its decades of experience as entrepreneurs, business owners and industry innovators to support the growth and market penetration of VIPR’s advanced technology solutions within the U.S. program business insurance sector.

“As a systems integrator for core insurance platforms and a leader in digital transformation, we consistently see customers grappling with data and reporting challenges, particularly with Bordereaux reporting,” said Rahul Bhatia, Principal of Sikich’s InsurTech practice. “Partnering with a global best-in-class solution like VIPR allows us to seamlessly implement and integrate into our customers’ technology ecosystems, effectively addressing key data challenges and driving better business outcomes.”

Tony Russell, Chief Revenue Officer of VIPR Solutions, highlighted the significance of this partnership, stating, “We are delighted to partner with Sikich, as they are a highly reputable professional services organization in the United States. This relationship is a critical step in our strategy to expand VIPR’s presence in North America and ensure that our customers receive top-tier support and implementation services. Together, we are well-equipped to deliver transformative solutions that meet the evolving needs of the program business insurance industry.”

About Sikich

Sikich is a Chicago-based global company specializing in technology-enabled professional services. With more than 1,900 employees, Sikich draws on a diverse portfolio of technology solutions to deliver transformative digital strategies. From corporations and not-for-profits to state and local governments and federal agencies, Sikich clients utilize a broad spectrum of services and products to help them improve performance and achieve long-term, strategic goals.

Sikich practices in an alternative practice structure in accordance with the AICPA Professional Code of Conduct and applicable law, regulations, and professional standards. Sikich CPA LLC is a licensed CPA firm that provides audit and attest services to its clients, and Sikich LLC and its subsidiaries provide tax and business advisory services to its clients. Sikich CPA LLC has a contractual arrangement with Sikich LLC under which Sikich LLC supports Sikich CPA LLC’s performance of its professional services. Sikich LLC and its subsidiaries are not licensed CPA firms.

“Sikich” is the brand name under which Sikich CPA LLC and Sikich LLC provide professional services.  The entities under the Sikich brand are independently owned and are not liable for the services provided by any other entity providing services under the Sikich brand. The use of the terms “our company”, “we” and “us” and other similar terms denote the alternative practice structure of Sikich CPA LLC and Sikich LLC. 

About VIPR Solutions

Founded in 2009, VIPR Solutions is a leading insurance technology company that supports automation of back-office processes, particularly for program business and delegated underwriting authorities. VIPR platforms streamline bordereaux management and processing and coverholder management, as well as regulatory compliance, and provide users with powerful data insights capabilities for strategic analysis.

VIPR (pronounced “VY-per”) was the first company of its kind to be approved by Lloyd’s London Market for direct reporting. Today, over 40% of Lloyd’s syndicates use a VIPR product, as well as some of the world’s best-known carriers and intermediaries in Europe and North America. Among VIPR’s clients are a leading Swiss insurer, a top 10 US carrier, and the Canadian operations of two major international insurers, along with several smaller and startup Managing General Agents and Brokers. For more information, visit www.viprsolutions.com.

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