Applied Systems Acquires Cytora
The acquisition of Cytora, a U.K.-based digital risk processing company, will allow Applied to accelerate its vision of delivering a connected end-to-end policy lifecycle.
Commercial Lines
Top 5 Workers Comp Classification Codes That Agents Get Wrong
Inaccurate coding can be a costly mistake. Here are the workers comp class codes that are most frequently reclassified by The National Council on Compensation Insurance (NCCI) and what to use instead.
Back Office Technology: How Modernization Improves the Client Experience
Successful companies are building connected infrastructures that automate commission reporting, track book-of-business in real time, surface compliance gaps and help agents identify customers who need outreach.
Data-Based Insurance With Rapid Payouts
If the storm track intersects the coverage radius in a policy, the insured gets a payout. No questions, adjustors or proof of loss.
How Technology Cultivates Commercial Lines Growth
Agencies that embrace technology have the ability and opportunity to handle larger and more complex accounts and, ultimately, secure larger premiums.
Leverage Technology to Transition From Personal to Commercial Lines
With the changing landscape in the personal lines market due to the hard market, personal lines agents may be thinking about diversifying their revenue.
How Commercial Coverage Is Shifting for AI Performance Failure Risks
While hacks and scams are among the more eye-catching ways that the increased use of artificial intelligence (AI) can expose businesses, awareness of AI performance failure risks is beginning to make an impact.
