Top Canadian insurance brokerage to increase automation and standardize business operations as part of its digital transformation
Mississauga, ON (Aug. 22, 2016) – Applied Systems has announced that Reliance Insurance Group has selected Applied Epic, the fastest-growing cloud-based brokerage management system in the industry, to standardize and automate operations across its retail and MGA businesses. As part of Reliance Insurance’s digital transformation, the brokerage will also implement Applied Rating Services to automate rating workflows to deliver quick, accurate quoting and efficiently drive business growth.
Applied Epic delivers the most technologically advanced software application to independent insurance brokerages to enable faster growth and profitability in a changing insurance marketplace. Purpose-built for insurance brokerages, Applied Epic is a single, integrated and open application that provides essential capabilities for each stakeholder within a brokerage to better manage customer relationships, sales opportunities, financial accounting, and policy administration across all lines of business, reducing time and expenses spent managing separate, disparate systems. The application offers a comprehensive view of client information and internal operations through an intuitive user interface, enabling users to make more informed decisions about their business and capitalize quickly on new opportunities. Applied Epic’s unique software architecture aligns to the brokerage growth strategy with the ability for brokerage leaders to consolidate or scale branch locations to multiple locations.
“With an acquisitive growth strategy, it is important for our company to have a single application that provides complete visibility into all aspects of the business and scale for growth,” says Sharon Hardy, chief financial officer, Reliance Insurance Group. “Applied software will enable us to automate operations across different business lines, quickly identify cross-sell opportunities while providing the best products to our clients, and support continuing growth.”
Applied Rating Services is Canada’s comparative insurance rating service for brokerages and insurers across Canada; providing the greatest access to rate plans in the industry and the most accurate rates. With more than 30 years of experience in rating technology, Applied Systems offers the most comprehensive portfolio of rating services to deliver fast, accurate and mobile quoting for automobile and property insurance, enabling brokerages to more efficiently drive business growth while providing a better client experience. “Growth-focused brokerages are recognizing the value in undergoing a digital transformation to standardize operations and evolve their customer service model,” said Jeff Purdy, senior vice president of International Operations, Applied Systems. “Applied Epic’s architecture will provide Reliance Insurance the visibility and agility to quickly scale their business, while Applied Rating Services will enhance their competitive value by providing their customers the best products and service.”
About Applied Systems
Applied Systems is the leading global provider of cloud-based software that powers the business of insurance. Recognized as a pioneer in insurance automation and data exchange between brokerages, insurers and their clients, Applied is the world’s largest provider of agency and brokerage management systems, serving customers throughout the United States, Canada and the United Kingdom. By automating the insurance lifecycle, Applied enables millions of people around the world to safeguard and protect what matters most.
About Reliance Insurance
Reliance Insurance, an independent brokerage, has been advising clients on their business and personal insurance needs for over thirty years from our offices in Vancouver, British Columbia. Our commitment to helping over 10,000+ customers successfully manage risk, has led us to be among the Top 10% of Insurance Brokers in Canada.
SOURCE: Applied Systems