News

In 2021, low and medium digital adopters grew their revenue an average of 10% year over year, but high digital adopters grew 17% year over year, according to the study.

Applied Systems hosted Applied Net 2022 this week in Nashville, Tennessee, covering product updates and including a keynote presentation from Mike “Coach K” Krzyzewski, former Duke and Team USA basketball coach.

The study by J.D. Power shows that the increase in auto premiums is dragging down the overall satisfaction of policyholders and hurting retention rates of bundles.

Acuity Insurance, Westfield Insurance and CNA Insurance are the latest carriers to go live on Vertafore’s Commercial Submissions™ platform.

Growth drivers in the MGA space included the strong rebound in the U.S. economy following the coronavirus pandemic and a continued broad-based rise in premium rates.

The virtual conference will provide attendees with valuable training on ACORD standards and architecture, professional development opportunities, and insights on industry trends and issues.

The acquisition of Tarmika, a commercial lines rating solution for small business insurance, expands Applied’s commercial quoting and Ivans’ distribution connectivity solutions.

Earlier this week, Ivans, a division of Applied Systems®, announced that Nationwide has joined the Ivans Distribution Platform. Additionally, Vertafore® announced its acquisition of MGA Systems.

Of the myriad issues and actions needed to address cyber risks and implement a solid cybersecurity program, MFA is quickly gaining focus as a requirement.

Scheduled to launch in the summer, Applied Pay is set to help agents reduce the amount of technology they use in their agencies.