Applied Systems today announced that the company and two of its subsidiaries, Ivans and EZLynx, have been named to PropertyCasualty360’s Insurance Luminaries Class of 2024 in the categories of Technology Innovation and Innovation in Workplace Culture. The Technology Innovation category recognizes those advancing the insurance industry through digitalization and customer experience improvements. The Innovation in Workplace Culture category honors those enhancing the industry's reputation as a career choice and promoting employee satisfaction through diversity, wellness, ESG initiatives, and community service.
Artificial intelligence (AI) is rapidly transforming the insurance industry by streamlining complex processes, reducing operational inefficiencies, and enhancing customer service. Applied Systems, through its AI Lab, has been at the forefront of these innovations, using AI to come up with innovative tools to improve workflows such as email summarisation, document extraction, and transaction handling.
Applied Systems has announced Applied Book Builder™, a new solution embedded in Applied Epic® that helps insurance producers and account managers target new commercial prospects and optimize cross-sell and upsell opportunities. Launching in the first half of 2025, the tool will use AI to enhance risk profiles and identify coverage gaps, providing actionable insights for better market placement. Key features include automated risk enrichment, AI-driven account recommendations, lead list automation, and carrier placement insights, aimed at accelerating business growth and profitability for agencies.
Applied Systems® today announced the latest enhancements of Applied Pay®, the industry’s only AMS-native payments solution, that continue automating the end-to-end payments journey. New innovations, including premium payment receipt reconciliation, one-click payment routing, and the insured checkout experience, further automate workflows for collecting and reconciling digital payments, enabling an agency to reduce time and effort by up to 70%. Continued streamlining of the premium payment lifecycle has led to more than 900 agencies adopting the platform since its launch in October 2022.
CSIO congratulates Applied Systems Canada (Applied) on achieving CSIO’s eDocs Certification. Applied has confirmed that all 40 updated eDocs codes and descriptions have been implemented in both their Broker Management System (BMS) platforms, Applied Epic and Applied TAM, for personal and commercial lines.
Applied Systems® today announced that the company was recognized as a Global 5-Star Insurance Technology Provider 2024 by Insurance Business. Applied received the award for its continued commitment to alleviating long-standing industry challenges through innovation and fully connecting the Digital Roundtrip of Insurance, delivering a seamless end-to-end experience for all stakeholders.
Sonata Software (Bangalore), a modernization engineering company, has announced that Applied Systems (Chicago) has selected Sonata Software to support its strategic technology projects. The partnership aims to accelerate Applied’s platform engineering initiatives and enterprise modernization efforts on Applied’s integrations with Microsoft Office365, supporting the company’s industry leading position and focus on innovation, according to a Sonata statement.
Applied Systems®, a leading provider of cloud-based software that powers the business of insurance, has announced the general release of an all-new data analytics capability. This innovative new feature, known as Epic Dashboards, is embedded within Applied Epic®, specifically for users in the U.S. and Canadian markets.
Atlanta’s software scene welcomes everyone from early-stage startups to members of the Fortune 500, 16 of whom have put down roots in the city. These software companies are helping to add “tech epicenter” to Atlanta’s long list of accolades — take a look at what they’ve been working on. Applied Systems offers technology for the insurance industry, employing more than 2,500 team members who serve 160,000 users across its software product portfolio. The company says its solutions give its customers the tools to build businesses that are efficient and competitive. Its products cover areas like marketing automation, customer self-service, digital payments and business intelligence.
Toronto is home to a large concentration of tech companies and workers, and these are some of the city’s tech leaders working to make AI solutions available throughout Canada and on a global scale. Applied Systems provides technology to the insurance industry as companies transition into the digital ecosystem. It leverages AI to make user experiences easier, including an automated chatbot that allows insurance clients to have a more efficient claims process. The company is headquartered in University Park, Illinois and has a hybrid workplace in Toronto.
Check out your Company Bowl for anonymous work chats.
