Applied Systems to Acquire EZLynx

Applied Systems (“Applied”) today announced that it has entered into a definitive agreement to acquire EZLynx, a pioneer in real-time comparative rating and one of the fastest growing agency management systems in the U.S. This complementary acquisition will expand Applied’s portfolio of agency management and rating technologies to drive automation for agencies large to small… Continue reading Applied Systems to Acquire EZLynx

Agency Management Platform Veruna Secures $6 Million Series A Funding to Fuel Next Stage of Growth

Veruna, a Boston-based InsurTech developer of the Salesforce-based agency management platform, announced the completion of a $6M Series A funding round. The round included participation from two prominent insurance carriers. Founded in 2015, Veruna offers a cloud-based agency management system built on Salesforce that targets independent agents. Product features include a full suite of functionality… Continue reading Agency Management Platform Veruna Secures $6 Million Series A Funding to Fuel Next Stage of Growth

Applied Systems Names Taylor Rhodes as Next CEO

Applied Systems (“Applied”) today announced that it has named Taylor Rhodes as the Company’s next chief executive officer, effective June 3rd, 2019. Reid French, Applied’s previous CEO, will continue to advise the company as a member of Applied’s board of directors. Mr. Rhodes joins Applied with more than two decades of technology and tech-enabled services… Continue reading Applied Systems Names Taylor Rhodes as Next CEO

Vertafore Selects Amazon Web Services as its Preferred Cloud Provider

Today, Amazon Web Services, Inc. (AWS), an Amazon.com company, announced that Vertafore, a leading software and data provider to the insurance industry, is migrating its business-critical products and workloads to the world’s leading cloud and has selected AWS as its standard for artificial intelligence and machine learning workloads. Vertafore is already running key customer-facing workloads… Continue reading Vertafore Selects Amazon Web Services as its Preferred Cloud Provider

Applied Systems Acquires TechCanary

Applied Systems today announced the acquisition of TechCanary, the leading insurance CRM system built on the Salesforce.com platform. This acquisition expands Applied’s sales and marketing solutions and demonstrates the company’s commitment to automating both front and back office workflows for every role within an agency, insurer and MGA. “In the digital age of insurance, agencies,… Continue reading Applied Systems Acquires TechCanary

AVYST Joins Vertafore Orange Partner Program

Vertafore report on state of independent agencies

Vertafore, the leading provider of insurance software and Wave Insurance Technologies Inc., dba AVYST, today jointly announced that AVYST has joined the Orange Partner Program. AVYST is an insurtech company providing sales and risk management solutions for independent agents and brokers and their carrier partners. “We are excited to welcome AVYST into the Vertafore Orange… Continue reading AVYST Joins Vertafore Orange Partner Program

Vertafore Launches Association & Network Program to Champion the Independent Agent

Vertafore report on state of independent agencies

Vertafore, the leader in modern insurance technology for independent agents, MGAs, carriers, states and regulators, today announced it is ramping up its commitment to industry associations to deliver more value for independent agency customers. As part of its expanded program, Vertafore has appointed Rick Fox to the role of Vice President of Agency Associations &… Continue reading Vertafore Launches Association & Network Program to Champion the Independent Agent

Google’s Parent Equity Fund Invests in Applied Systems

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Applied Systems, the leading global provider of cloud-based software that powers the business of insurance, on Tuesday announced an investment from CapitalG, Alphabet’s growth equity investment fund. CapitalG’s investment will bring Applied access to Google expertise across artificial intelligence, machine learning, and digital marketing. Other CapitalG investments include Lyft, Airbnb, SurveyMonkey, and Zscaler. Over the… Continue reading Google’s Parent Equity Fund Invests in Applied Systems