Applied Systems Expands Commercial Lines Panel with QBE Mini Fleet Launch
Continued growth of Commercial Lines panel underscores increasing adoption of SME eTrading among brokers
Brighton, UK – 4 August 2016 – Applied Systems today announced the launch of QBE Mini Fleet on Applied TAM’s Commercial Lines panel for UK users via the iMarket system. The launch of QBE Mini Fleet builds on previous successful scheme launches with QBE, including Tradesman and Property Owners.
“QBE is committed to increasing ease of trading online for our brokers through increased collaboration with our technology partners,” said Dave Greaves, head of SME, QBE. “In expanding our relationship with Applied, we continue to provide brokers even more choice and direct access to underwriter information and tailored products designed to meet the unique needs of SME clients.”
Applied TAM, the most widely used cloud-based brokerage management system in the world, allows brokers to automate daily operational processes, client policy information and insurer connectivity, enabling users to be more productive and focus on the core business of selling insurance and servicing their insured. Through an automated and easy-to-navigate interface, Applied TAM provides deep visibility into day-to-day brokerage operations to reduce time spent on administrative tasks, decrease errors and omissions risk, provide a seamless employee onboarding and training experience, and better respond to client needs. Applied TAM automates the business operations for more independent insurance brokerages than any other brokerage management system.
“Month-over-month, we continue to see increasing connectivity and broker growth via our Commercial Lines panel,” said Jeff Purdy, senior vice president of International Operations, Applied Systems.“ The addition of QBE Mini Fleet to our Commercial Lines panel further extends our brokers technology investment, providing enhanced automation and greater access to the broadest range of products and services for their clients to drive value and business growth.”
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About Applied Systems
Applied Systems is the leading global provider of cloud-based software that powers the business of insurance. Recognised as a pioneer in insurance automation and data exchange between brokerages, insurers and their clients, Applied is the world’s largest provider of agency and brokerage management systems, serving customers throughout the United States, Canada and the United Kingdom. By automating the insurance lifecycle, Applied enables millions of people around the world to safeguard and protect what matters most.
About QBE Insurance Group
The underlying business strategy is to maintain operations in the key global insurance markets and, where possible, to be a lead underwriter for selected lines of business.
QBE's strategy of diversification by product and geographical exposure is fundamental to managing our insurance and reinsurance risks and has been a vital ingredient in the Group's success. QBE has developed a unique culture which is based on six core values and effective risk management practices and controls.
QBE aims to grow the business through our existing extensive networks and acquisitions of insurance businesses, portfolios and teams of underwriters that meet our stringent criteria for minimum return on equity and EPS accretion in the first year of acquisition. QBE Group has successfully delivered more than 135 acquisitions since our first acquisition in 1982 and has grown substantially over the last 10 years. QBE's gross written premium was US$16.3 billion in 2014.
QBE European Operations
QBE is a business insurer with operations in the UK, Europe, Canada and UAE as well as Lloyd's. Active in both the Lloyd's and company market, we are a leading specialist in London market and European commercial lines business. Outside London, we operate from eight regional centres in the UK and the major European markets, Dubai and Canada.
We also have representative offices in Australia, Japan, Singapore and USA. With hundreds of specialist product lines, we are confident we can provide you with a competitive solution that is right for your business.