Applied Systems Donates $35,000 to InVEST
18 October 2018
Company donates to provide the next generation of insurance professionals with financial literacy, insurance education and scholarships
Alexandria, VA – 18 October 2018 – InVEST, the insurance industry’s premier classroom-to-career education program, is pleased to announce that Applied Systems has donated $35,000 to the program. Reid French, chief executive officer of Applied Systems, announced the donation during a keynote presentation at the recent Applied Net 2018, the flagship conference for Applied software users and the largest gathering of independent insurance professionals in the world. The contribution to InVEST coincides with Applied Systems’ 35th anniversary and reflects the company’s continued commitment to investing in the future of the industry.
“Through Applied’s generous gift to the InVEST program, young insurance professionals will be better equipped with financial literacy, insurance education and scholarships,” said Robert Rusbuldt, president & CEO of the Independent Insurance Agents & Brokers of America. “Companies, educators, volunteers, agents and industry leaders, like Applied Systems, are key to the success of the InVEST program. We applaud and thank them for their commitment to this critical program.”
InVEST develops future insurance professionals through academic programs, online education and scholarships. In high schools, the program offers students a business curriculum focusing on insurance as well as the dynamics of insurance agencies and companies. At the college level, the program develops students' risk management and financial analysis skills. InVEST is solely funded by contributions from insurance agencies, insurers, vendors, organizations and individuals. A longtime InVEST advocate, Applied Systems also donates software for use in insurance education courses and has supported InVEST with awareness-building media campaigns.
“The insurance industry is changing as the next-generation of professionals enter the workforce,” said French. “InVEST is actively shaping the future of our industry with academic programs, online education and scholarships for high school and college students, and we are proud to continue our support and partnership with this outstanding organization.”
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As a 501(c)(3) educational trust, InVEST benefits from the support of numerous insurance organizations, hundreds of agencies, brokers and volunteers. The program provides the insurance industry with motivated, talented and intelligent professionals through a support structure of state associations, board members, national staff, teachers and the many industry professionals who work in the field as classroom liaisons.
Founded in 1970 and based in Alexandria, Va., InVEST promotes insurance education in order to attract individuals to pursue a career in the insurance industry. Each year, the program prepares thousands of students for insurance-related careers with a hands-on curriculum taught in high schools, adult education centers and colleges. The high school curriculum is a business-education program that utilizes a hands-on approach which simulates an insurance agency and company operations to prepare students for various business careers and create more knowledgeable insurance consumers. At the college level, InVEST is an information-intensive curriculum of risk management and financial services. These courses provide students with a working knowledge of the basics needed to pursue careers in the insurance industry. For more information, go to www.investprogram.org.
Founded in 1896, the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) is the nation’s oldest and largest national association of independent insurance agents and brokers, representing a network of approximately a quarter of a million agents, brokers and their employees nationally. Its members are businesses that offer customers a choice of policies from a variety of insurance companies. Independent agents and brokers offer all lines of insurance—property, casualty, life, health, employee benefit plans and retirement products. Web address: www.independentagent.com.
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 the innovation leader, Applied is the world’s largest provider of agency and broker 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.