Distribution connectivity platforms improve agent and customer experience by simplifying and accelerating the distribution journey; new Novarica report profiles 20 prominent providers
Boston, MA (Mar. 30, 2021) – With solution providers in the distribution connectivity space no longer considered novel, insurers can boost their presence during the customer buying experience and demonstrate ease of doing business to their distribution channel partners. In a new executive brief, Distribution Connectivity: Overview and Prominent Players, research and advisory firm Novarica provides an overview of the distribution ecosystem and profiles 20 prominent providers,.
“Insurers can interface with a growing number of distribution connectivity players,” said Paul Legutko, VP of Digital Marketing and Analytics, and lead author of Novarica’s new brief. “As the value and viability of offerings is an area most insurance carriers are still trying to quantify, insurers need to work with their agents and brokers to understand what connectivity platforms they currently use, or might use in the future.”
Click here for the table of contents or to access the report.
Report Summary
With solution providers in the distribution connectivity space no longer considered novel, insurers can boost their presence during the customer buying experience and demonstrate ease of doing business to their distribution channel partners.
Insurance distribution connectivity continues to evolve. Intermediaries are providing more than just connectivity between agency management systems and insurer systems. Agents, insurers, and prospective insureds can now leverage intermediaries that provide appetite transparency, submission streamlining, data and analytics, comparative rating, and digital agencies and wholesalers in addition to traditional quote/bind hubs.
This brief provides an overview of this new distribution ecosystem with profiles of these prominent players: Applied Systems, Appulate, Ask Kodiak, Bold Penguin, bolt, Broker Buddha, DAIS, Ebix, Fluid Insurance Workflow, InsureZone, IVANS, Relay, Semsee, Talage, Tarmika, towerIQ, TurboRater, Vertafore, Vlocity, and Wunderite.
Click here for the table of contents or to access the report.
About Novarica
Novarica helps more than 150 insurers make better decisions about technology projects and strategy. Its research covers trends, best practices, and vendors, leveraging relationships with more than 300 insurer CIO members of its Research Council. Its advisory services provide enterprise phone and email consultations on any topic for a fixed annual fee. Consulting services range from assessments and strategic roadmaps to vendor evaluations. For more information, visit www.novarica.com.
Source: Novarica
Tags: Applied Systems, Bold Penguin, brief, Connectivity, customer experience (CX), Digital Experience Platform (DXP), IVANS, Novarica, platform, Relay, Vertafore
