Electronic document delivery (eDocs) is a game changer, notes Stu. 'Agents want seamless workflows from their carriers, carriers want to reduce expenses associated with the creation and delivery of paper policies, and increasingly, clients want online access to their insurance information. eDocs responds to all these wants," he says.
M&A - EvoSure is now IVANS. The division of Applied Systems has acquired EvoSure, an Austin, Texas-based insurance technology firm to support its IVANS Market Appetite initiative; a search engine for P&C agents and brokers to quickly identify carriers’ appetite for commercial risks.
IVANS Insurance Solutions, a division of Applied Systems, announces the release of IVANS Market Appetite, a search engine for property and casualty insurance agents and brokers to identify carrier appetites for commercial lines risks to better serve insured clients.
GMC Software and IVANS are now part of Guidewire Connect.
IVANS Insurance Solutions announced that United Frontier Mutual Insurance Co. has adopted IVANS Download to increase connectivity and data exchange across the insurance lifecycle.
United Frontier Mutual Insurance Co. has selected IVANS Download, from IVANS Insurance Solutions, in an effort to increase connectivity and data exchange with agents, IVANS said. United Frontier now will offer agencies access to commercial business owners’ policy, direct bill commission statement, homeowners and dwelling fire download services.
Applied Systems acquired SEMCAT, a vendor of comparative rating technology in the U.S. Applied Systems will integrate the rating technology into its TAM or EPIC agency management systems for real-time exchange of policy ratings and improved operational workflows.
The insurance exchange idea is spreading beyond the health insurance exchanges set up under the Affordable Care Act (ACA). The exchange concept has surfaced recently for a variety of insurance and financial solutions, well beyond ACA-compliant health insurance.
Columbia Insurance Group expanded its commercial lines download from IVANS, a division of Applied Systems, to include commercial property, general liabilty, package and workers' compensation insurance.
Learning how to use all of the functionality provided takes time and effort. I’ve had the opportunity to visit many agencies and spend time watching how customer service agents do their work. I seldom meet people who don’t want to improve what they do and how they do it.
Most agencies no longer receive a physical "agent's copy" of a personal lines policy. Instead, they receive ACORD standard policy download to maintain current personal lines data in their management systems.
The efficiencies just keep rolling in ever since NBT-Mang Insurance, a Big "I" Best Practices agency, turned on download functionality.
Software provider Applied Systems Inc. has bought a Cincinnati-based technology company.
Focusing on connectivity and information exchange, the inaugural conference brings together carriers, agencies and software providers.
New task management tools improve automobile liability insurance reporting for carriers through a declined export and submission report.