Mississauga, ONTARIO–October 17, 2005–Applied Systems Canada, Inc. announced that ING Insurance brokers in British Columbia now have direct access to a true point-of-sale system for property insurance. The Savers system allows brokers to quote and issue new business for Personal Property in BC.
ING has worked with Applied Systems to link The Agency Manager® (TAM) and Savers through Applied Systems’ real-time insurance technology, WARP. The TAM/Savers integration allows all B. C. brokers to enjoy the full benefits of TAM, as well as the guaranteed rates and point-of-sale functionality of Savers, without double entry. Since the integration is done using CSIO standards, it will be possible for other broker systems to create these benefits for their broker clients in the future. This integration is one of a number of ING-supported initiatives aimed at enabling brokers to do business with ING in the manner most effective for them.
“Doing business with ING should be easy and convenient; and those are two of our key corporate strategies,” said John Preston, ING Insurance Regional Vice President, BC Mainland. “By designing a system that eliminates the need for double entry, efficiencies are created and workflows streamlined. It is a win for our brokers who will spend less time processing and a win for customers who will have access to rates and policy statements right there in the broker’s office.”
Brownridge & Company Ins. Services, one of the B.C. brokerages for this project, is very pleased with this improvement. “Having the ability to integrate information direct from our system to ING is such a great development. states Gord Brownridge, Vice President of Brownridge & Company Ins. Services. “Both our staff and clients benefit from avoiding double entry of information. The system provides great time savings and is so simple to use.”
“We are excited to have our WARP transactions up and running in Canada,” said Greg Purdy, CEO of Applied Systems Canada. “The increase in the lines of business now transacted by ‘Savers through TAM’ workflow is a testament of ING’s and Applied’s combined commitment to provide more streamlined workflows for the Canadian insurance industry.”
About Applied Systems Canada, Inc.
Applied Systems is a leading provider of automated solutions for the property and casualty insurance industry. Since 1983, the company has developed solutions for independent insurance agents, brokers, managing general agents, and insurance companies, as well as banks and other financial institutions with insurance operations. Applied Systems has partnered with more than 10,000 insurance organizations to achieve new levels of success using its premier agency management system, The Agency Manager (TAM) ®. Further, Applied Systems leads the industry in agency/carrier real-time and batch communication solutions. The company automates insurance transactions at every distribution level from consumer through carrier, also providing technical support and professional services to maximize customers’ return on investment. For information, visit www.appliedsystems.com.
About ING Insurance Company of Canada
ING Insurance Company of Canada is a subsidiary of ING Canada (TSX – IIC. LV), the largest provider of property and casualty insurance in the country, offering automobile, property and liability insurance to over 3 million individuals and businesses.