Virginia Farm Bureau Insurance
12580 W Creek Pkwy,
Richmond, 23238, VA,
United States
Richmond, 23238, VA,
United States
1 804-290-1000
Insurance
Virginia Farm Bureau Insurance Technographics
Virginia Farm Bureau Insurance Software Purchases and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Virginia Farm Bureau Insurance and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 1000 Virginia Farm Bureau Insurance employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Virginia Farm Bureau Insurance has purchased the following applications: Finys Billing for Insurance Billing Administration in 2011, Finys BI for Analytics and BI in 2011, Cisco Webex Meetings for Audio Video and Web Conferencing in 2020 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Virginia Farm Bureau Insurance is running and its propensity to invest more and deepen its relationship with Innovative Computer Systems , Bottomline Technologies , Cisco Systems or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Virginia Farm Bureau Insurance revenues, which have grown to $500.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Virginia Farm Bureau Insurance intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Virginia Farm Bureau Insurance Data, Technology Stack, and Enterprise Applications
ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Innovative Computer Systems | Legacy | Finys Billing | Insurance Billing Administration | ERP Services and Operations | n/a | 2011 | 2011 |
In 2011, Virginia Farm Bureau Insurance signed an agreement to deploy Finys Billing as part of the broader Finys Suite, explicitly addressing core billing needs in the Insurance Billing Administration category. The engagement was framed by a revenue-linked commercial model that reduced upfront capital outlay and tied vendor payments to premium generation on the platform.
Implementation scope covered the full insurance value chain, with Virginia Farm Bureau Insurance running the complete Finys Suite from quoting to rating, from underwriting to billing and claims. Finys Billing was deployed as the central billing and premium management module, configured to operate alongside rating and product configuration capabilities to enable faster product development and adaptation.
The Finys architecture is described as insurance-only and well architected, supporting incremental updates so current and newer technologies run together seamlessly. The vendor adopted a multi-year flat fee and risk-sharing approach during implementation, which allowed Virginia Farm Bureau Insurance to continue normal operations through the first two years of the engagement while functionality and premium processing were stabilized.
Operational coverage included underwriting, rating, product management, billing operations, claims, and quoting workflows, with the insurer reporting that almost its entire business was placed onto the Finys platform. Governance relied on close, ongoing vendor collaboration, direct executive-level engagement from Finys leadership including Kurt, and project management continuity through named resources such as Mani, Ted, and David, enabling two-way communication and rapid issue escalation.
Documented outcomes and risks are explicit in the customer conversation, noting increased organizational efficiency and greater nimbleness in developing and adapting products, and that the platform remained current after seven years through incremental updates. A noted operational risk is the small, growing vendor profile and the need periodically to onboard younger engineers who may require additional insurance domain guidance, a gap managed through sustained executive-level accountability and open feedback channels.
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Insurance Claims Management | ERP Services and Operations |
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2011 | 2011 |
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Insurance ERP | ERP Services and Operations |
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2011 | 2011 |
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Insurance Policy Administration | ERP Services and Operations |
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2011 | 2011 |
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Legal Time and Billing | ERP Services and Operations |
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2022 | 2022 |
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Analytics and BI
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Innovative Computer Systems | Legacy | Finys BI | Analytics and BI | Analytics and BI | n/a | 2011 | 2011 |
In 2011 Virginia Farm Bureau Insurance signed an agreement with Finys and implemented Finys BI to establish an insurance-focused Analytics and BI capability across core property and casualty functions. The deployment positioned Finys BI as the primary analytics and reporting layer tied to the carrier’s operational Finys Suite, covering quoting, rating, underwriting, billing and claims.
Finys BI was configured to ingest and harmonize transactional feeds from the Finys operational modules into a consolidated data model, supporting standard operational reporting, executive dashboards, ad-hoc analysis and product development analytics. The implementation emphasized incremental updates and coexistence of current and newer platform technologies, allowing Finys BI to consume evolving platform outputs without interrupting business operations.
Integration scope centered on underwriting, rating engines, claims workflows and billing data within the Finys environment, delivering a single source of policy and financial analytics for underwriting, claims, product management, actuarial, finance and IT teams. Operational coverage was company-wide for Virginia Farm Bureau Mutual Insurance, with analytics outputs embedded into decision workflows for product adaptation and risk assessment.
Governance followed a shared-risk commercial and delivery model, with a flat fee structure and staged commercial alignment tied to premium growth, supported by a joint vendor governance cadence and two-way feedback loops. Finys BI remained current through incremental platform updates and close vendor collaboration, and the customer reported improved agility for developing and adapting products and greater operational efficiency across underwriting and claims.
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Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Cisco Systems | Legacy | Cisco Webex Meetings | Audio Video and Web Conferencing | Collaboration | n/a | 2020 | 2020 |
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Collaboration | Collaboration |
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2017 | 2017 |
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Collaboration | Collaboration |
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2022 | 2022 |
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Survey and Questionnaire | Collaboration |
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2022 | 2022 |
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Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Web Content Management | Content Management |
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2012 | 2012 |
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Web Content Management | Content Management |
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2012 | 2012 |
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Digital Advertising Platform | CRM |
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2022 | 2022 |
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Marketing Automation | CRM |
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2018 | 2018 |
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Marketing Automation | CRM |
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2018 | 2018 |
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Sales Automation, CRM, Sales Engagement | CRM |
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2021 | 2021 |
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PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Transactional Email | PaaS |
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2020 | 2020 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Hosting and Computing Services | IaaS |
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2015 | 2015 |
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Content Delivery Network | IaaS |
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2022 | 2022 |
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Content Delivery Network | IaaS |
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2022 | 2022 |
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Content Delivery Network | IaaS |
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2022 | 2022 |
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IT Decision Makers and Key Stakeholders at Virginia Farm Bureau Insurance
| First Name | Last Name | Title | Function | Department | Phone | |
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| No data found | ||||||
Apps Being Evaluated by Virginia Farm Bureau Insurance Executives
| Date | Company | Status | Vendor | Product | Category | Market |
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| No data found | ||||||
FAQ - APPS RUN THE WORLD Virginia Farm Bureau Insurance Technographics
Virginia Farm Bureau Insurance is a Insurance organization based in United States,
with around 1000 employees and annual revenues of $500.0 million.
Virginia Farm Bureau Insurance operates a diverse technology stack with applications such as
Finys Billing, Finys BI and Cisco Webex Meetings,
covering areas like Insurance Billing Administration, Analytics and BI and Audio Video and Web Conferencing.
Virginia Farm Bureau Insurance has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as Innovative Computer Systems and Cisco Systems.
Virginia Farm Bureau Insurance recently adopted applications including
Bottomline Legal-X in 2022, Slack Connect in 2022 and Mopinion in 2022,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of Virginia Farm Bureau Insurance’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates Virginia Farm Bureau Insurance’s profile with verified software purchases,
vendor relationships, and digital initiatives identified from public and proprietary sources.
Subscribe to APPS RUN THE WORLD to access the complete Virginia Farm Bureau Insurance technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.