Applied Systems Releases Applied TAM 2017
Latest release to further enhance digital automation of business operations
University Park, IL – September 21, 2017 – Applied Systems today announced the upcoming general global release of Applied TAM 2017. The latest release of Applied TAM furthers the company’s continued investment in advancing Applied TAM’s capabilities to further automate business operations, enhance compliance, and increase insurer connectivity.
Applied TAM provides insurance agencies and brokerages the ability to automate daily operational processes, effectively manage client policy information and seamlessly connect with insurers and insureds. Through an automated and easy-to-navigate interface, Applied TAM offers greater visibility into clients and day-to-day agency and brokerage operations to reduce time spent on administrative tasks, decrease errors and omission risk, provide a seamless employee onboarding and training experience, and better respond to client needs.
Key enhancements in the latest release of Applied TAM include:
- Optimized client servicing workflows: Ensure speed of service for insureds with enhanced attachment, policy search, and renewal workflows.
- Insurer connectivity: Review expected premium renewal rate changes for the most placed Commercial Lines of business through Market Appetite.
- Enhanced compliance: Utilize updated myTAM workflow and associated documents and templates to remain compliant with recent FCA changes.
“As consumer demand continues to change and the insurance industry becomes more global, independent insurance agencies and brokerages are transforming their business with digital technology to increase connectivity across the entire value chain,” said Michael Howe, senior vice president of Product Management, Applied Systems. “Applied TAM 2017 demonstrates Applied’s dedication to customer feedback and focus on delivering innovation to further automate business operations and increase connectivity with insures and insurers, enabling agencies and brokerages worldwide to take advantage of the opportunities created by the digital transformation of insurance.”
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About Applied Systems
Applied Systems is the leading global provider of cloud-based software that powers the business of insurance. Recognized as a pioneer in insurance automation and the innovation leader, Applied is the world’s largest provider of agency and brokerage management systems, serving customers throughout the United States, Canada, the Republic of Ireland, and the United Kingdom. By automating the insurance lifecycle, Applied’s people and products enable millions of people around the world to safeguard and protect what matters most.