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Appulate, A Huge Time Saver for Service Lloyds
Texas Workers’ Compensation Carrier Reduces Data Entry For Underwriters
Austin, TX – April 4, 2014 Service Lloyds Insurance Company has made their underwriters very happy due to the use of a new technology product, “Appulate”. The technology gives Service Lloyds underwriters a tool to electronically upload ACORD forms directly into their policy administration system without the need to key in the data my hand.
Appulate is an insurance technology company from California that has developed a way to convert ACORD forms into a structured data format. The ACORD forms are submitted to Service Lloyds via email and then automatically converted and uploaded. “The result is 90% time savings,” said Larry Flajnik, Senior Developer and Project Manager at Service Lloyds Insurance Company. “. Before Appulate, our underwriters manually inputted Workers' Comp applications into our system, but now our underwriters use Appulate to electronically submit the ACORD applications into our system,” added Flajnik.
What is unique about Appulate is that it allows Service Lloyds to handle ACORD forms received from any retail agent because the technology works for all current and legacy agency management systems. “Service Lloyds is a savvy organization,” said Dimitri Nikouline, Co-Founder of Appulate. “They implemented Appulate quickly and are making the most of the product,” notes Nikouline.
Founded in 2005, Appulate offers an unprecedented level of connectivity to streamline business processes through its innovative abilities to bridge data between insurance systems. Today, Appulate technology is used by more than 10,000 agents and has been recognized by key industry groups and analysts for its contribution to time and cost savings. The combination of Appulate’s advanced technology, outstanding lever of service and high value proposition have made them one of the fastest growing technology companies that serve the insurance industry.
About Service Lloyds Insurance Company
Service Lloyds is proud to be a Texas owned and operated carrier offering workers’ compensation to Texas employers since 1982. The company is still owned by the original founding Gray family. Our approach involves not only providing agents with a quality workers’ compensation product but also with support and personal service unparalleled in the industry. Every day our experienced personnel are prepared to deliver on the Service Lloyds promise that “Service is more than our name…It is our way of doing business.”