Enhancing Commercial Lines for Canadian Insurance Brokers
Applied Systems is making waves in the Canadian insurance market with its latest enhancements to the commercial lines solution in Applied Epic. By integrating instant quote requests with email submissions into a single streamlined workflow, Applied is empowering brokers with increased options and expedited processes. This initiative is designed to support a broader array of industry segments, ultimately helping brokers grow their commercial business portfolio.
Unified Quoting Workflow
The newly developed unified quoting workflow is a significant advancement for brokers. This feature allows brokers to submit requests for both instant rates and email submissions from one comprehensive marketing dashboard, which is conveniently embedded within Applied Epic. This eliminates the traditional hassles of switching between systems, preventing duplicate data entry across different insurer portals, and minimizing fragmented workflows that can hinder efficiency.
Expanded Industry Segments Available
One of the exciting elements of Applied’s latest update is the expansion of industry segments available to brokers. In addition to existing segments such as Business & Professional Services, Contractors, and Retail and Real Estate, brokers now have access to new segments including Farming, Education Services, Health Services, Hospitality, Manufacturing/Processing Services, Member Organization Services, Warehousing, and Wholesale Services. This broader spectrum offers brokers the opportunity to cater to a diverse client base effectively.
Benefits for Brokers and Clients
According to Steve Whitelaw, Senior Vice President and General Manager of Applied Systems Canada, the enhancements directly address the historically fragmented and manual processes associated with commercial lines quoting. "By facilitating a more efficient submission preparation process, brokers can quote multiple lines of business simultaneously. This not only accelerates the delivery of competitive rates and coverage options to clients but also increases the chances of securing more profitable commercial deals," stated Whitelaw. This robust solution enables brokers to provide their clients with improved services through faster response times and versatile offerings.
About Applied Systems
Applied Systems is not just an insurance software provider; it is a leader in cloud-based solutions for the insurance industry globally. A pioneer in insurance automation, Applied boasts the title of the largest provider of agency and brokerage management systems. Its services reach across the United States, Canada, the Republic of Ireland, and the United Kingdom. By automating the entire insurance lifecycle, Applied helps millions of individuals worldwide protect what they value the most.
Frequently Asked Questions
What enhancements did Applied Systems announce for brokers?
Applied Systems introduced new features to streamline workflows in their commercial lines solution, integrating instant quotes with email submissions.
How does the unified quoting workflow benefit brokers?
This workflow allows brokers to submit requests from a single dashboard, reducing the need for system switching and minimizing data entry errors.
Which new industry segments have been added?
Applied has expanded segments to include Farming, Education Services, Health Services, Hospitality, and more, alongside existing segments.
Who is Steve Whitelaw?
Steve Whitelaw is the Senior Vice President and General Manager of Applied Systems Canada, focusing on improving brokerage efficiencies through technology.
What is the mission of Applied Systems?
Applied Systems aims to power the insurance business with innovative, cloud-based software that enhances efficiency and service for brokers and their clients.
