80% Of All Independent Retail Agencies Now Submitting Through Appulate
Westlake Village, CA – October 25, 2017 Appulate, Inc., “Connecting The World Of Insurance” is excited to announce that its independent retail agency network has now reached more than 30,000.
Roughly 80% of all U.S. based independent retail agencies are connected with Appulate to submit property and casualty risks to Carriers, MGAs and Wholesale Brokers that they do business with. This network makes up the largest constituency of any network of independent retail agencies in the industry.
Retail agents use Appulate to bridge ACORD and other data to the markets they work with for both personal and commercial lines. Insurance carriers, MGAs and program administrators use Appulate to not only make it easier for their current agents to do business with them, but also to expose their programs to new agents and gain additional distribution.
“The digital transformation happening in the insurance industry is prompting a sense of urgency by independent agents, MGA and insurance carriers to have an established and expansive network in place to conduct digital transactions.”, said Deb Smallwood, Founder and CEO of Strategy Meets Action, a strategic advisory firm in the insurance industry. “Over the past 12 years, we have watched Appulate grow and expand its independent agency network and we believe it now has one of the largest constituencies of independent agents available – ready for MGA and Carriers to just connect and quickly have business flow through its network”. commented Smallwood.
Appulate’s agent network is diverse in both geography and size of the agency. California, Texas and Florida account for more than 10,000 agencies with the other 47 states making up the other 1/3 of the network. Included are many of the largest insurance agencies in the nation, but rural / family owned agencies account for the majority of the participants.
“Appulate’s mission is to empower retail agencies at a time when many are trying to disrupt them”, commented Jeffrey Harris, President of Appulate, Inc. “Agents are hungry to find paths of least resistance in the quoting process and we are incredibly pleased to see so many taking advantage of our technology”, said Harris.
Appulate, “Connecting The World Of Insurance™” offers an unprecedented level of automation to streamline the submission processes through its innovative abilities to bridge data between insurance systems. Today, Appulate technology is used by more than 30,000 retail 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, an outstanding level of service and high value proposition has made them one of the fastest-growing technology companies that serve the insurance industry.
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