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
Tag: IVANS
IVANS Survey Reveals Demand for Greater Connectivity Across the Distribution Channel
IVANS®, a division of Applied Systems®, today announced the findings of its annual agency-insurer connectivity report. The report, 2020 Digital Connectivity Technology Adoption Survey: 6 Key Trends, highlights responses from more than 2,700 agents and insurers on the state of connectivity and the opportunity to align digital initiatives for benefit of all stakeholders – agents,… Continue reading IVANS Survey Reveals Demand for Greater Connectivity Across the Distribution Channel
Average Premium Renewal Rates Experience Variable Change Across Nearly All Major Commercial Lines
IVANS®, a division of Applied Systems®, today announced the October results of the IVANS Index™, the insurance industry’s premium renewal rate index. Year over year, all lines of business saw an increase in average premium renewal rate, except Workers’ Compensation, which experienced a negative change in premium. Month over month, October premium renewal rates experienced… Continue reading Average Premium Renewal Rates Experience Variable Change Across Nearly All Major Commercial Lines
Average Renewal Rates Experience Downward Turn Across All Major Commercial Lines Month Over Month
IVANS®, a division of Applied Systems®, today announced the May results of the IVANS Index™, the insurance industry’s premium renewal rate index. Year over year, all lines of business saw an increase in average premium renewal rate, except Workers’ Compensation, which experienced a negative change in premium. Month over month, May premium renewal rates decreased… Continue reading Average Renewal Rates Experience Downward Turn Across All Major Commercial Lines Month Over Month
Average April Renewal Rates Experience Uptick Across Nearly All Major Commercial Lines
IVANS®, a division of Applied Systems®, today announced the April 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 saw a decrease in premium. Month over month, April premium renewal rates experienced a… Continue reading Average April Renewal Rates Experience Uptick Across Nearly All Major Commercial Lines
Average Commercial Premium Renewal Rates Experience Positive Changes Month to Month: IVANS
IVANS®, a division of Applied Systems®, announced the Q1 2020 results of the IVANS Index™, the insurance industry’s premium renewal rate index. Q1 results showed an increase premium renewal rate change average across nearly all major commercial lines of business, including Commercial Auto, Business Owner’s Policy, General Liability, Umbrella, and Commercial Property compared to Q4;… Continue reading Average Commercial Premium Renewal Rates Experience Positive Changes Month to Month: IVANS
Average Renewal Rates Change Month to Month Across Most Major Commercial Lines
IVANS®, a division of Applied Systems®, today announced the January results of the IVANS Index™, the insurance industry’s premium renewal rate index. Year over year, nearly all lines of business experienced an increase in average premium renewal rate, except Workers’ Compensation, which saw a negative turn. Month over month, January premium renewal rates experienced variable… Continue reading Average Renewal Rates Change Month to Month Across Most Major Commercial Lines
Nationwide Partners with IVANS for Digital Distribution
IVANS, a division of Applied Systems, and Nationwide today announced that the insurer has selected IVANS Markets to automate underwriting appetite communications to more than 32,000 agents in the IVANS exchange. Leveraging IVANS Markets, Nationwide will be able to market its Small Commercial appetite more effectively, quickly reaching agents to drive profitable premium growth. “Nationwide… Continue reading Nationwide Partners with IVANS for Digital Distribution
Premium Renewal Rates Experience Variable Changes Across Major Commercial Product Lines
IVANS®, a division of Applied Systems®, today announced the July results of the IVANS Index™, the insurance industry’s premium renewal rate index. Month over month, July experienced a downtick in premium renewal rate change across the half of the commercial lines products, including Commercial Auto, General Liability and Commercial Property. BOP, Umbrella and Workers’ Compensation… Continue reading Premium Renewal Rates Experience Variable Changes Across Major Commercial Product Lines
Commercial Lines Renewals Experience Varied Rate Changes
IVANS®, a division of Applied Systems®, today announced the May results of the IVANS Index™, the insurance industry’s premium renewal rate index. The results showed varied change in premium renewal rates month over month with BOP, General Liability and Commercial Property experiencing an upward turn, and Commercial Auto, Umbrella and Workers’ Compensation experiencing a downtick… Continue reading Commercial Lines Renewals Experience Varied Rate Changes