Silvervine, Leading P&C Policy Administration System Provider, Achieves Compliance with SOC 1 Data Security Standards

WARNER ROBINS, Ga., March 19, 2018 -- Silvervine, Inc. has demonstrated its continued commitment to data security and privacy by completing a meticulous outside audit of its System and Organization Controls 1 (SOC 1) Type 2 standards.

The detailed examination that led to the achievement was administered by the IT assurance and compliance staff at 360 Advanced, a respected national Qualified Security Assessor, HITRUST CSF Assessor and CPA firm based in St. Petersburg, Fla.

The completion of the SOC 1 Type 2 examination typifies Silvervine’s consistent commitment to create and maintain the most stringent controls needed to ensure the highest quality and security of services provided to its customers. Companies that complete an annual SOC 1 examination can demonstrate a substantially higher level of assurance and operational visibility than companies that do not.

“Being SOC 1 Type 2 compliant year-over-year is an excellent standard to have in our portfolio. It’s a selling point for potential new clients, peace of mind for our existing clients and it definitely keeps us competitive,” said Michael Crain, Director of Information Technology at Silvervine. “Governance of the compliance mindset permeates everything we do at Silvervine, and is a point of pride to each team member.”

ABOUT SILVERVINE SOFTWARE
Silvervine Software is the P&C insurance technology platform of choice for many of the nation's most sophisticated insurers and MGAs. The company offers clients a flexible, web-based core administration suite, enriched by many modern-world innovations such as a direct-to-consumer sales module, mobile policyholder account access, advanced data mining capabilities and multi-channel payment processing. To learn more, visit the Silvervine website at http://silvervinesoftware.com.

ABOUT 360 ADVANCED
A trusted IT audit and compliance firm with proficiencies in SOC reporting, 360 Advanced assists large service providers in more than 30 U.S. states, Europe, South and Central America and the Pacific Rim as their independent IT assurance and compliance assessor. 360 Advanced is an authorized HITRUST CSF Assessor, with General Data Protection Regulation capabilities. Services provided by 360 Advanced include HITRUST CSF, SOC 1, SOC 2, SOC 3, PCI DSS, HIPAA Security/HITECH, Microsoft Vendor Policy, Penetration Testing and other security and compliance services.

For an initial consultation, please contact Eric Ratcliffe at [email protected]
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