Revolutionizing the Commercial Insurance Quoting Process
Applied Systems has made an impressive stride with the launch of Epic Quotes Commercial Lines, a groundbreaking commercial lines rating solution for insurance brokers in Canada. This advancement aims to simplify and enhance the quoting process, allowing brokers to provide better and faster service to their clients.
Key Features of Epic Quotes Commercial Lines
This innovative solution integrates seamlessly into Applied Epic, streamlining operations by removing redundancies in data entry. By utilizing existing customer and risk data, brokers can now focus on what truly matters—serving their clients effectively.
Pre-Fill Capabilities
One of the standout features of Epic Quotes is its ability to pre-fill information using data already stored in Applied Epic. This functionality not only saves time but also ensures accuracy, as brokers spend less time on data entry and more on crafting tailored insurance solutions for their clients.
Multi-Line and Multi-Location Quoting
The system allows brokers to quote multiple insurers for a broad range of business categories in one go. With options for multi-line quoting, brokers can include various IBC codes within a single quote request. Additionally, the capability to quote across multiple locations streamlines the submission process further, reducing the hassle of entering data repeatedly.
Enhancing Broker Efficiency
In today's fast-paced insurance environment, efficiency is crucial. Epic Quotes Commercial Lines addresses this need head-on with features that enhance visibility during the quoting process. Brokers can mark quotes as sold, creating policies directly within the system. This not only boosts accuracy but significantly minimizes manual data entry.
Comprehensive View of Submissions
Another benefit is the single view of submissions that provides brokers with a comprehensive overview of both historical and active quotes. This enhanced visibility allows for better decision-making, as brokers can quickly access details about market rates and quote statuses.
Commitment to Innovation in Insurance
William Ma, VP of Product Management at Applied Systems Canada, emphasized that this launch is part of a larger vision to streamline the commercial insurance process. By minimizing repetitive tasks and improving efficiency, Applied aims to transform the way brokers handle risks across the board, from small businesses to large complex accounts.
About Applied Systems
As a leader in cloud-based insurance software, Applied Systems has been pioneering innovations that empower brokers to better serve their customers. The company is recognized globally for its comprehensive agency and brokerage management systems, helping professionals across various regions, including the United States, Canada, the Republic of Ireland, and the United Kingdom.
Through its products, Applied aims to automate and enhance the insurance lifecycle, ultimately allowing millions worldwide to secure what is most important to them.
Frequently Asked Questions
What is Epic Quotes Commercial Lines?
Epic Quotes Commercial Lines is an integrated quoting solution designed for insurance brokers in Canada, enhancing efficiency by utilizing pre-existing data in Applied Epic.
How does it benefit insurance brokers?
The solution streamlines the quoting process, reduces redundant data entry, and allows for multi-line and multi-location quoting, increasing overall efficiency.
Can brokers access historical data with Epic Quotes?
Yes, brokers can maintain visibility into historical and active quotes, allowing them to make informed decisions easily.
What is the significance of this launch for the insurance industry?
This launch aims to revolutionize the quoting process, simplifying procedures for brokers and enhancing customer service in the competitive insurance market.
Where is Applied Systems recognized as a leader?
Applied Systems is recognized globally, serving clients in multiple countries, including the United States, Canada, Ireland, and the UK, with its cutting-edge insurance management solutions.
