Groundspeed was acquired by Insurance Quantified in 2023.
Groundspeed is the most advanced submission digitization platform for the commercial insurance industry. Our clients trust us with their data, and maintaining that trust is key to our mission at Groundspeed.
SOC 2 is an auditing measure developed by the American Institute of CPAs (AICPA) that ensures service providers securely manage user data. To demonstrate our commitment to security, Groundspeed maintains a SOC 2 Type II certification, covering the security, availability, processing integrity, and confidentiality trust principles. As a result, our clients can trust Groundspeed’s processes, policies, and capabilities to keep their data secure.
Since 2019, Groundspeed has worked annually with an independent auditor to thoroughly audited our systems and processes, verifying standards and best practices on everything from security to remediation procedures. By continuing to maintain a Type II report, auditors verify that all controls operated successfully over each annual reporting period. In addition, as we develop new products and capabilities and automate more complex unstructured documents, our policies ensure that we maintain these standards across our systems and processes.
If you wish to learn more about our SOC 2 compliance, need documentation, or are exploring a platform to digitize and understand underwriting risk much better and faster, contact us here.