IVANS Recognizes Insurance Companies for Excellence in Connectivity and Data Exchange with Leadership Award
IVANS Leadership Award honors companies advancing carrier-agency-MGA interface and adoption of download and real-time solutions
Tampa, FL – Nov. 3, 2015 – IVANS Insurance Solutions, a division of Applied Systems, today announced the IVANS Leadership Award recipients. Presented at IVANS Connect, the insurance industry's conference dedicated to advancing information exchange and connectivity among carriers, agencies, MGAs, agency solution providers and their insureds through innovative technology, the awards continue IVANS’ tradition of honoring insurance carriers for excellence in driving connectivity and data exchange with their independent insurance agencies.
The IVANS Leadership Award recognizes carriers and MGAs that distinguish themselves in the advancement and innovation of carrier-agency interface. Awarded carriers are those companies that have displayed leadership in advancing carrier-agency connectivity, demonstrated innovative approaches to IVANS Download or IVANS Real-Time implementation, and driven exemplary initiatives around adoption of download or real-time solutions. Award recipients include: Columbia Insurance Group, Central Insurance Companies, Cochrane & Company, The Cincinnati Insurance Companies, Motorist Mutual Insurance Company, Nationwide, and The Hartford.
According to a recent IVANS study, automated carrier interface is becoming a business requirement when selecting carriers with whom to do business, 69% of agents responding with automated carrier interface being very important when selecting a carrier relationship. Of note, approximately 69% of agent respondents indicated interest in receiving eDocs from all of their carriers, which based on the survey, can result in an average time savings of 1.35 hours per employee.
"Increased connectivity and data exchange across the insurance lifecycle ensures that carriers, agents, and their clients can more efficiently and effectively manage business operations and improve client service to drive growth and profitability," said Thad Bauer, vice president and general manager, IVANS Insurance Solutions. "IVANS continues to lead the way in the development and advancement of agency-carrier interface, and we are proud to recognize our carrier partners who are at the leading edge of increasing connectivity and data exchange with their agency partners to drive revenue, increase client retention and build stronger industry relationships."
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About IVANS Insurance Solutions
IVANS Insurance Solutions, a division of Applied Systems, is the property and casualty insurance industry's partner and trusted technology leader for advanced carrier-agency-MGA information exchange. IVANS makes insurance business easier with secure information exchange, data translation and managed connectivity solutions that deliver efficiency and better customer service capabilities to carriers, independent agencies and MGAs. More property and casualty insurance companies rely on the IVANS platform than any other company to create greater value from information exchanged in insurance business.