Canadian Underwriter

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Applied Systems

News InsuranceMarkets / CoveragesTechnology

New index measures quarterly premium rate trends in Canadian personal lines

May 16, 2018 by Jason Contant

Applied Systems has released its Applied Rating Index, measuring the quarterly premium rate trends being experienced by consumers, brokerages and insurers across the Canadian market. Stephane Lacasse, vice president of product management for Canada and rating products with Applied, told

News InsuranceProducts

Online tool allows brokers to cache data in BMS

May 7, 2018 by Jason Contant

Applied Systems’ new IVANS Exchange online tool for Canadian brokers will include a feature that allows caching and housing of data in a broker management system (BMS) for 90 days. This allows brokerages to keep the data, even if their

News BrokersInsuranceMarkets / CoveragesTechnology

Strength of Canadian broker channel may lead to agnostic tech solutions

May 3, 2018 by Jason Contant

With an estimated 45% of personal insurance written through the broker channel in Canada, tech vendors understand the importance of the channel. “Our only business is broker,” Jeff Purdy, senior vice president of international operations with Applied Systems, told reporters

News AssociationsInsuranceTechnology

Industry close to consensus on insurer-broker connectivity

May 2, 2018 by Jason Contant

The insurance industry in Canada is getting close to consensus on connectivity between insurance brokers and carriers, an Applied Systems executive said Tuesday at the company’s Executive Symposium in downtown Toronto. “I truly believe that we are fairly close to

News InsuranceProductsTechnology

New data translator to put brokers on same level as directs

April 9, 2018 by Jason Contant

Applied Systems’ new “translation services” will provide broker data distribution as effectively as direct distribution and enable the broker channel to better compete, the software provider said Friday. Jeff Purdy, senior vice president of international operations with Applied, talked to

News InsuranceTechnology

Applied launches “translation services” to improve broker-insurer connectivity

April 4, 2018 by Jason Contant

Applied Systems announced Wednesday the launch of its insurer “translation services,” allowing Canadian insurers to translate and distribute policy-related data directly into [broker] management systems. The translation services provide the connectivity technology required to easily move data between insurer and

News Markets / CoveragesTechnology

Some broker BMS providers offering connectivity to CSIO’s eSlips solution

March 27, 2018 by Jason Contant

In a sign of cooperation within Canada’s competitive P&C industry, some broker management system (BMS) providers are using APIs supplied by the Centre for Study of Insurance Operations (CSIO) to make eDelivery available to Canadian brokers using a variety of

News InsuranceMarkets / CoveragesProductsTechnology

Applied Systems partners with CSIO on electronic policy documents solution

March 26, 2018 by Jason Contant

Broker management system (BMS) provider Applied Systems announced Monday that it has expanded its partnership with the Centre for Study of Insurance Operations (CSIO) to integrate CSIO’s My Proof of Insurance eDelivery solution with Applied Epic and Applied TAM in

News InsuranceTechnology

Your first step towards a digital brokerage lies in your BMS

January 19, 2018 by David Gambrill

How many brokers would be willing to change how their data is organized and housed if it meant a revenue increase of 144% per employee? The goal is actually within your reach, says Michael Howe, senior vice president of product

News AssociationsInsuranceProductsTechnology

Collaboration leads to milestone achievement to define data exchange standards between companies, brokers

August 23, 2017 by Canadian Underwriter

The long-standing objective of standardized real-time data exchange between insurance brokers and companies has taken a big step forward with Tuesday’s announcement that initial testing of the process has been successfully completed. A team of players in Canada’s p&c insurance

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

Premium renewal rate positive across almost the majority of commercial product lines in U.S.: IVANS

August 3, 2017 by Canadian Underwriter

The premium renewal rate change for most standard commercial lines products in the United States remained in positive territory for July, with workers’ compensation representing the only standout, notes the latest IVANS Index. The majority of standard commercial lines products

News InsuranceMergers and Aqcuisitions

All major commercial product lines in U.S. market enter positive territory: May IVANS Index

June 2, 2017 by Canadian Underwriter

May marked the first time in several months that the premium renewal rate for all major commercial product lines in the United States were up year-over year, notes a new index released Thursday by IVANS, a division of Applied Systems.