Leading Insurance Automation Company Achieves Major Milestone
Agoura Hills, CA – June 15, 2016 Appulate, Inc., the leading provider of submission automation to the property and casualty sector of the insurance industry has announced that it saw a record number of submissions from retail agents to its “in-network” carriers in May to total more than 11,000.
Appulate’s ProducerConnect™ technology gives agents the ability to upload ACORD and other data directly from their management system to feed carrier portals and quoting systems. The result of this technology saves considerable data entry time for both agents and carriers to ultimately make it easier to do business.
A carriers participating in Appulate’s network has configured their systems to accept ACORD XML data via Appulate. This growing network includes carriers ranging from small / regional to large / national both for standard and excess / surplus lines of business.
Less than 2 years ago, Appulate saw an average of roughly 6,000 submissions per month being processed. That number has nearly doubled with May showing a total of 11,675.
“The growth in number of submissions being sent via Appulate demonstrates the trend that retail agents want to do business more electronically”, said Jeffrey Harris, President of Appulate, Inc. “Application upload / connectivity is now a topic that every carrier is discussing and creating a strategy for,” notes Harris.
Appulate connects more than 20,000 independent agencies (more than half of the marketplace) with the insurance carriers and MGAs they do business with. Retail agents and brokers use Appulate ProducerConnect™ to upload ACORD and other data directly from their agency management systems to populate carrier / MGA “portal” websites, supplemental forms and other rate / quote technology. MGAs and insurance carriers use Appulate (MGAConnect™ and CarrierConnect™) products to put their programs online (rate, quote, bind and issuance) or streamline the receipt of ACORD and other data into their quoting / policy systems. All of Appulate solutions are cloud-based and delivered as SaaS which makes them flexible to fit within any technology environment. For more than a decade, Appulate has helped its customers increase their top and bottom line through the use of technology.
Appulate – “Connecting The World Of Insurance”
Find Appulate at www.Appulate.com
28348 Roadside Dr.
Agoura Hills, CA 91301