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Digital Transformation

2 Minute Read

Step into the Digital Growth Era of Insurance

Taylor Rhodes

By: Taylor Rhodes

Digital Transformation

2 Minute Read

Step into the Digital Growth Era of Insurance

Taylor Rhodes

By: Taylor Rhodes

 
 
 

“An ember is all it takes to keep going and make the decision to never give up."

These words from famous adventurer Bear Grylls (as he spoke at Applied Net 2023) remind us that our inner strength or “fire” gets us to the other side of life’s obstacles stronger than we were before, which is also the case for the insurance industry. As the world evolves, so does the insurance industry. Despite threats like worldwide political and economic uncertainty, climate change, cyber threats, the AI hype cycle, and talks of a looming recession, experts believe that the broking environment in Europe is where the opportunity lies, with businesses regenerating to help fill the void left by mid-market consolidation.

Making Your Brokerage More Valuable

At Applied, we’re focused on one simple equation that we believe aligns us with you. We’re committed to creating technology that helps drive higher-than-average revenue growth at a lower-than-average cost structure and, therefore, helps you make your brokerage more valuable. We use this simple framework to guide our investment decisions.

Investing in technology allows brokers to:

  • Tap into more opportunities using APIs, and integrated niche schemes capabilities and accelerate the roundtrip of insurance across major lines of business right from their broker management systems.

  • Drive more intelligent two-way connectivity to commercial lines insurer partners.

  • Increase small commercial lines business while making it more profitable.

  • Access enhanced data reporting, insights and recommendations in their broker management system.

  • Continue to access industry-leading personal lines quoting capabilities directly from the broker management system.

  • Take advantage of the opportunity to fully integrate insurance payments, ensuring faster revenue collection while taking costs out of their back office.

 
 

Shortening the Digital Roundtrip of Insurance Makes You  More Competitive

One of the most powerful ways to fulfill our promise of becoming Your Indispensable Growth Partner is to scale our insurance technology that connects the Digital Roundtrip of Insurance. We’re delivering value-driven solutions that complete the roundtrip of insurance so you can compete and win at digital speed.

As we’ve continued down the path of connecting the Digital Roundtrip of Insurance, we know that the greatest value comes from accelerating the roundtrip for your personal lines and commercial lines book of business. Doing so creates incredible power and value for you, helping you know more, work on the most valuable tasks, execute faster, deliver more value to your clients, and drive more profitable revenue growth for your business.

Take a look at our NEW! The Digital Growth Era of Insurance Is Now eBook to learn how to accelerate the Digital Roundtrip of Insurance, so your business can step into the Digital Growth Era with the latest technology by your side.

  • Taylor Rhodes

    Taylor Rhodes

    Chief Executive Officer

    Taylor Rhodes, Chief Executive Officer, leads Team Applied and is responsible for the company's overall strategy and operational execution. Rhodes joined Applied in 2019 after serving as chief executive officer of SMS Assist, the leading cloud-based software platform for multi-site property management. Previously, he was CEO of Rackspace, where he led the Company’s growth from a cloud pioneer to an industry leader with more than two billion dollars in revenue, while establishing the company as a mainstay on the Fortune 100 Best Companies to Work For®. Prior to Rackspace, he served as a leader in enterprise, financial and corporate strategy roles at Electronic Data Systems Corporation. Mr. Rhodes is a former United States Marine Corps infantry officer and holds a MBA from the University of North Carolina at Chapel Hill. He serves on the board of directors for Applied, Zenoss and Liquid Web, LLC.

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