September 21, 2017 2:07 AM ET


Company Overview of FirstBest Systems, Inc.

Company Overview

FirstBest Systems, Inc. develops and markets insurance underwriting software technology solutions to property and casualty, workers’ compensation, commercial, and specialty insurance companies. It offers FirstBest Underwriting Management System (FirstBest UMS), an integrated business application for commercial and specialty lines insurance carriers; FirstBest Agent, a Web-based agent portal for agents that supports new business submissions, renewals, endorsements, and straight-through-processing; and FirstBest AppReader, an agency connectivity solution for agents and underwriters to upload data. The company also provides FirstBest Business Analyst Studio, a solution that enables business ana...

213 Burlington Road

Bedford, MA 01730

United States

Founded in 2006





Key Executives for FirstBest Systems, Inc.

Co-Founder, Chief Executive Officer, Co-President and Director
Chief Financial Officer
Age: 60
Vice President of Marketing & Communications
Vice President of Human Resources
Senior Director Of Underwriting Sciences
Compensation as of Fiscal Year 2017.

FirstBest Systems, Inc. Key Developments

FirstBest Systems, Inc. Completes SOC 2 Examination of Internal Security Controls to Validate Established Processes and Procedures

FirstBest Systems, Inc. announced the successful completion of its SOC 2 (Service Organization Control) Type I examination. SOC 2 evaluations provide independent validation regarding internal controls relevant to the five key principles of trust services in an organization: security, availability, processing integrity, confidentiality, and privacy. Conducted by independent service auditor Schellman & Company, LLC, this examination returned a positive result, indicating that FirstBest security controls and procedures are in complete compliance with the applicable trust services criteria of the American Institute of Certified Public Accountants. The extensive examination was company-wide, and included provisioning of more than 300 supporting artifacts. With a verified baseline, FirstBest Systems is committed to conducting additional SOC examinations in future years, including SOC 2 Type II, to further validate the processes, procedures, and controls implemented by the company.

QBE North America Selects the Firstbest Underwriting Management System for Workflow Efficiency and Growth in Specialty Lines

FirstBest Systems, Inc. announced that QBE North America has selected the FirstBest Underwriting Management System, agent portal and data integration/upload application as the underwriting workbench for the company's Specialty Lines unit. The Specialty Lines business at QBE North America is poised for significant growth, offering a wide range of products to the markets served by the company. In pursuit of excellence in underwriting performance, the vision and approach of QBE North America is to provide its specialty lines underwriters with a single, scalable, and consistent underwriting workstation environment, regardless of the policy or rating systems being used.

Similar Private Companies By Industry

Company Name Region
'LightArrow Inc. United States
/blossom LLC United States
@RISK Technologies, Inc. United States
@RISK, Inc. United States
@YourGate LLC United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Tax Management Inc United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact FirstBest Systems, Inc., please visit --. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at