Given the complexity of commercial lines, brokerages must work harder and longer to see growth. To find success in this space, brokers are dependent on automation and real-time functionality to streamline the process to win more business.
Every day, brokers and insurers share enormous amounts of commercial data. Automated workflows and standardization across insurers have a significant impact on the quoting experience and customer satisfaction. Service and response time are critical. Managing the customer relationship, the policy, quoting and binding, all happen within your brokerage workflows and fast turn-around is key to win the business and build trust.
What the numbers say
of brokers surveyed said insurers’ different data requirements greatly increase the amount of time and money they spend on the quoting process
Source: Applied Digital Agency Annual Report
of brokers expect CL data standards to lead to faster turnaround times for customer quotes and renewals
Source: Conference Board of Canada Survey Commissioned by CSIO, 2018
of policyholder-submitted applications are initially incomplete
Source: State of Insurance Renewals Annual Report
I need to:
Increase commercial lines revenue & profit
Automate and standardize your entire commercial lines book of business to grow the bottom line.
Streamline applications and renewals
Simplify the insurance application process to make it fast, collaborative, and easy, saving you and your clients time and money while minimizing E&O exposure.
Give commercial customers the service they expect
Hear how Armour Insurance is growing its commercial business by delivering faster customer service.
Read the Customer Story
Ready to Learn More?
Applied is ready to provide your business with the advanced insurance software and solutions you need to succeed in the insurance ecosystem.