Tarmika, a leading commercial lines rating solution that simplifies small business insurance, has been acquired by Applied Systems. This complementary acquisition will broaden Applied’s commercial quoting capabilities and Ivans’ distribution connectivity solutions, resulting in a more valuable and digital distribution experience at every stage of the insurance lifecycle. “Applied has been on a journey to… Continue reading Applied Systems Acquires Commercial Lines Rating Solution Tarmika
Tag: Applied Systems
Willis Towers Watson Partners with Applied to Enhance Real-Time Pricing
Applied Systems Europe today announced a partnership with Willis Towers Watson to support real-time pricing. Willis Towers Watson’s Radar Live partner programme enables insurers and MGAs to develop their rates, underwriting rules and adjustments, and then deploy them directly to the market in real time. As part of this partnership, Applied has expanded their Rating… Continue reading Willis Towers Watson Partners with Applied to Enhance Real-Time Pricing
Average Renewal Rates Experience Uptick Across Nearly All Major Commercial Lines
IVANS®, a division of Applied Systems®, today announced the April 2021 results of the IVANS Index™, the insurance industry’s premium renewal rate index. Year over year, all lines of business experienced an increase in average premium renewal rate, except Workers’ Compensation which stayed negative. Month over month, premium renewal rates for lines of business including… Continue reading Average Renewal Rates Experience Uptick Across Nearly All Major Commercial Lines
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
Applied Systems Releases Latest Mobile Innovation
Applied Systems® today announced the latest global releases of Applied CSR24®, Applied MobileInsured® and Applied Mobile®. The latest releases further enable agencies and brokerages to improve staff productivity through automation and a deeper integration with their management system, while delivering customers more access and ability to manage their insurance information anytime, anywhere. Key enhancements to… Continue reading Applied Systems Releases Latest Mobile Innovation
Survey Finds Only Half of Agencies Have A Digital Strategy
Applied Systems today announced the findings of its annual Applied Digital Agency and Brokerage Survey, providing an industry-wide benchmark for agencies and brokerages to measure their digital technology adoption and progression towards digital transformation. Survey questions assessed degree of technology adoption to calculate a digital score for each agency or brokerage and identify baselines for… Continue reading Survey Finds Only Half of Agencies Have A Digital Strategy
Applied Systems to Acquire Indio Technologies to Accelerate Digitization of Commercial Lines Submissions
Applied Systems today announced that it has entered into a definitive agreement to acquire Indio Technologies, Inc. (“Indio”) as a critical component of its investment in digitizing the end-to-end commercial lines submissions process across agencies, brokers, insurers and insureds. Indio is the leading solution for the insurance application and renewal process, enabling agencies and brokers… Continue reading Applied Systems to Acquire Indio Technologies to Accelerate Digitization of Commercial Lines Submissions
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
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