Las Vegas, Nevada — May 21, 2008 — For the 15th consecutive year, Applied Systems is Download Vendor of the Year for Total Implementations, an achievement recognized recently by ACORD, the nonprofit insurance standards association.
The prestigious annual honor signifies that more pairs of agencies and carriers communicate through Applied Systems agency management technology than through any other system.
Applied Systems received six additional ACORD awards, including the Innovative Implementation award for the company’s groundbreaking work with claims download. The awards were announced at a ceremony during the 2008 ACORD LOMA Insurance Systems Forum in Las Vegas, Nevada.
Applied Systems also earned ACORD honors for:
- Web Services
- Industry Leadership for Straight Through Processing
- Shared Service and/or Infrastructure Platform, Middleware
- Real Time Implementation & Active Agencies
“Download is an absolutely critical business function for running a profitable insurance agency today,” said Doug Johnston, Applied Systems’ Vice President of Partner Relations & Product Innovation. “We take great pride in receiving this award for the 15th consecutive year, knowing that we are delivering the highest quality download services in the industry.”
Applied Systems introduced the claims download transaction in 2007, and is still the only technology vendor to offer it. The technology allows carriers to transmit all daily claims activities within nightly download communications with agencies. Agents have welcomed the long-awaited ability to see automatically updated views of complete and accurate customer data. Carriers appreciate the ability to provide additional data to agencies, which makes for better agency efficiency and competitive advantage for the carriers.
“I congratulate Applied Systems on winning another seven ACORD awards and continuing its winning streak for download vendor of the year,” said John Kellington, senior vice president of ACORD. “Applied Systems demonstrates leadership by example, continuing to show the industry how vital ACORD data standards implementations are for improving communication and integration.”
Applied Systems, Inc., develops and supports insurance agency and broker management systems and provides services for accounting, customer, policy, claims management, and all related agency functions. More than 129,000 users in 11,000 agencies of every size and complexity level use Applied Systems technology and services. The company leads the industry in agency-carrier real-time and batch communication solutions. Applied Systems automates insurance transactions at every distribution level from consumer through carrier, providing technical support and professional services to maximize customers’ return on investment. www.appliedsystems.com