Appulate 11 turns agent pain points into technological progress with agency bill and premium financing options, enhanced insured portal, more intuitive policy interface, and a more streamlined submission workflow.
APPULATE HAS ANNOUNCED THEIR BIGGEST RELEASE YET!
Producing nearly $4B in total premium for more than 35,000 independent agencies and 81% of all retail agents registered on the platform, Appulate’s technology allows agents to ENHANCE their current workflows to drive higher premiums with less work. Averaging a 245% submission count increase within the last year from their 300,000-agent network, MGA and Carrier partners also saw over 120MM of additional prospective business.
Appulate, the world’s leading insurance submission, application, and renewal system – announces its unparalleled 11th generation launch. This advanced and innovative platform not only brings forth the easiest application for agents and brokers to submit and quote P&C risks, but this milestone launch also includes numerous, long-awaited features that the insurtech industry has been anxiously waiting for.
WHAT TO EXPECT FROM APPULATE 11
Appulate Exclusive Insured Portal Features
As part of this release, Appulate has completely revamped the Insured portal interface. This new functionality makes it very easy to engage the Insured in the quoting process, as well as share bound policy data. This, coupled with Appulate’s extensive library of supplemental and ACORD forms that are fully integrated with electronic signature capability provides a powerful new way to interact with the Insured and provide excellent customer service.
Appulate 11 also continues to build upon the strength of its extensive connectivity library to carrier portals via APIs and Weblink technology. With over 100 integrations with major carriers for most P&C lines, Appulate provides a powerful way for agents to connect with their markets and obtain quotes with minimal data rekeying.
Reduce Data Entry with Streamlined Smart Questionnaires
Appulate’s questionnaires with the release of Appulate 11 provide more clarity and precision by eliminating irrelevant questions and focusing on only the aspects markets require of the insured. Newly implemented questionnaires allow faster quoting while continuing to reduce data entry by allowing the agents to engage the Insured in data collection via the reverse portal.
Policy Snapshot for Clear and Simplified New Renewal Policy Management
From Appulate’s annual agent survey – Appulate implemented a complete overhaul of the policy management to a more modern view that illustrates colorful options, drag-and-drop capability, and a more simplified interface. The enhanced insured portal associated with the Appulate 11 release also delivers a policy view snapshot that combines all policy details on a single screen for a more efficient view.
Mitigate Risk with Customer Agency Billing and Financing Options Exclusive for Appulate Users
Appulate now offers premium financing and agency billing through IPFS. This includes upfront commissions and paperless processing with e-Signature so that you can provide your insureds with the highest level of customer service. Appulate offers more opportunities for small/mid-sized insurance agencies by offering various payment options to their insureds from a single platform. All while mitigating risk as IPFS takes on the responsibility to follow up on payments.
“Our Appulate 11 release is a culmination of incredibly hard work we have done over the past 2-3 years. We have always had a world-class engineering team, but the latest result is a collaboration between them and true insurance industry experts that we brought on board only recently. Our newly revamped platform will serve as a solid foundation we intend to continue building upon to serve our Retail Agent, Wholesaler, MGA, and Carrier customers alike.” – Dimitri Nikouline – Chief Technology Officer.
Reimagine Request to Bind with Upcoming Enhancements to the Insured Portal
The first iteration of the request to bind feature – soon to be released, will deliver the option to digitally request a bind. Appulate will soon implement a more effective workflow for agents “on-the-go” by enabling bind requests to be sent digitally to empower more agents in the field to write business. This is only the first iteration of much more to come for the insured portal.
Advanced Processing Platform Upgrade to Deliver Exceptional Results
Appulate’s engineering through the utilization of .NET Core has enabled them to deliver a more modern interface that promotes better usability. As a result of this, there will be shorter implementation times and users can experience a more seamless transformation process as the submission workflow is consistently improved. With several other features soon to be incorporated into the Appulate technology – agents, MGAs, Wholesalers, and Carriers can expect consistently enhanced usability.
“We are unveiling a truly best-in-class solution for P&C. The value to all stakeholders in the submission and quoting process is truly unmatched.” Jeffrey Harris – President.
Appulate is the premium submission management system. Appulate’s technology bridges data from the agency management systems into a highly automated workflow to minimize data entry and save time and resources. This automates the entire submission process for CSRs, Retail Agents, Carriers, and MGA’s, in a Rate, Quote, Request to Bind transaction – eliminating duplicate efforts while creating an audit trail.
With the largest network of independent agents in the United States, representing roughly 80% of all independent agencies, Appulate creates the ultimate platform that powers the digital aggregation of property and casualty business between independent insurance agents and insurance markets.
Visit Appulate at www.Appulate.com