Applied Epic Sees Rising Popularity Among Top Insurance Brokers
Applied Epic Gaining Traction in the Insurance Industry
In the ever-evolving landscape of insurance technology, more agencies are opting for Applied Epic as their go-to platform. Renowned for its innovative solutions, Applied Systems has attracted the attention of seven out of the top 10 largest insurance brokers. These brokers are leveraging Applied Epic's capabilities to streamline their operations, leading to enhanced productivity and intelligence.
Comprehensive Solutions by Applied Epic
Applied’s Digital Agency solution is a cornerstone of its offerings. This robust management system integrates various functionalities such as payments, accounting reconciliation, and advanced rating solutions for both personal and commercial lines. In addition, it boasts an expansive network of carrier connectivity. Backed by award-winning customer support, Applied Epic ensures that agencies not only meet their operational demands but thrive within a security-conscious environment.
Transformative Technology for Insurance Operations
As the preeminent provider in insurance technology, Applied has harnessed an unparalleled depth of expertise to facilitate effective workflow management for agencies. Rather than offering generalized solutions, Applied Epic is designed to reduce the need for multiple disparate systems, allowing agencies to centralize their operations in one integrated suite. This focus enables them to allocate resources efficiently toward nurturing client relationships and growing their books of business.
Significant Investment in Artificial Intelligence
In a notable move, Applied has significantly broadened its investment in artificial intelligence through the acquisition of Planck, a leader in insurance-specific AI. This addition greatly amplifies Applied's AI functionalities, applying the latest powerful AI models to specialized insurance workflows and datasets. Such advancements allow the company to deliver substantial value across the Digital Roundtrip of Insurance.
Innovative AI Features in Applied Epic
Recently, Applied has incorporated several AI-driven features into Applied Epic, enhancing operational efficiency. One noteworthy feature is the robust communication summarization that provides customer service representatives and producers with valuable time savings. This is just the beginning, as Applied prepares to launch the Applied Book Builder product, aimed at refining the renewal and new business prospecting processes.
The Future of AI in Insurance
According to Taylor Rhodes, the CEO of Applied Systems, there lies a tremendous opportunity for the insurance industry to harness AI's potential for business growth. Although companies may have access to generalized AI tools, the true power lies in combining these tools with specialized industry insights and datasets. By merging technology with sector expertise, Applied is dedicated to creating unmatched value in the insurance domain.
About Applied Systems
Applied Systems stands as the leading global provider of cloud-based software tailored for the insurance sector. Celebrated as a pioneer in automation, Applied is the largest supplier of agency and brokerage management systems worldwide, serving clients extensively across various regions, including the US and Europe. By automating different aspects of the insurance lifecycle, Applied's innovative solutions empower millions globally to protect what matters most.
Frequently Asked Questions
What is Applied Epic?
Applied Epic is a comprehensive insurance management solution offered by Applied Systems, designed to streamline operations for insurance agencies.
Why have top brokers chosen Applied Epic?
Top brokers selected Applied Epic for its advanced features that enhance productivity, intelligence, and overall operational efficiency.
How does Applied integrate AI into its solutions?
Applied enhances its solutions with AI through developments like the acquisition of Planck, enabling more efficient workflows and powerful insights.
What benefits does Applied’s Digital Agency solution offer?
This solution offers an integrated system for payments, accounting reconciliation, and extensive connectivity with carriers all supported by excellent customer service.
What future innovations can we expect from Applied?
Applied plans to continue innovating with AI capabilities, including the launch of products like the Applied Book Builder for business renewal processes.
About The Author
Contact Owen Jenkins privately here. Or send an email with ATTN: Owen Jenkins as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.