Press Releases

Farmers Union Insurance Expands Adoption of Applied Rater

June 28, 2016

Company recognizing higher close ratio growth through use of industry’s most accurate quoting solution

University Park, Ill. – June 28, 2016 – Applied Systems today announced that Farmers Union Insurance has launched Applied Rater to quickly and accurately manage insurance quoting for all 100 of their agents across North Dakota. With the move, North Dakota becomes the fifth Farmers Union Insurance region to utilize Applied’s quoting solution. With Applied Rater, their agents gain improved quoting efficiency, accuracy, and close ratios by providing a single point of data entry for quoting across all carriers, including National Farmers Union.

“To support our growing operations and increased carrier diversity, our business required software that streamlines the quoting process to improve staff productivity and client service,” said Kevin Ressler, Sales and Marketing manager with North Dakota Farmers Union Insurance. “Applied Rater will enable us to quote auto personal lines via a single entry to provide more timely and accurate client service to support new business opportunities, which is reflected in our agents reporting a 50 percent close ratio growth since launching the application.”

Applied Rater is an insurance quoting solution for independent agencies that provides the industry’s most accurate rates for more than 500 insurance carriers nationwide – the broadest coverage of any rating provider in the United States today. Applied Rater enables agencies to provide prospective clients accurate quote comparisons for more carriers and more lines of business. With the ability to integrate into an agency’s website and the majority of agency management systems, Applied Rater directly sends prospective client information to the carriers’ websites, quickly generating multiple quotes with a single point of data entry. Applied Rater enhances agencies’ competitive value by delivering fast, accurate quoting that improves productivity and enhances customer service to drive business growth and profitability.

“As the insurance industry becomes a more connected marketplace, consumers expect instant service and access to information,” said Michael Howe, senior vice president of Product Management, Applied Systems. “With Applied Rater, Farmers Union Insurance has driven significant improvements in the turn-around time for agents to provide accurate quotes, enabling them to more efficiently drive business growth, while providing a better client experience.”

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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 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.

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