IVANS Market Appetite Expands Integrations to New Agency Management System Partners
HawkSoft, NASA, Strategic Insurance Software and Xanatek to provide innovative market appetite search capabilities
Tampa, FL – May 24, 2016 – IVANS Insurance Solutions, a division of Applied Systems, today announced that HawkSoft, NASA, Strategic Insurance Software, and Xanatek will integrate IVANS Market Appetite, an innovative search engine for property and casualty insurance agents and brokers, into their agency management solutions. IVANS Market Appetite will enable users to quickly identify markets for commercial lines risks directly in their management system, automating market identification to increase new business wins and decrease time to renew business.
These collaborations build on the initial integration announcement into Applied Epic in December 2015; the industry-wide release of the tool via a standalone site for all agencies that register for IVANS Exchange, and future integration into Applied TAM. IVANS Market Appetite already has a greater than 50% uptake by Applied Epic agencies with users searching more than 4 times per week.
“Our agency partners are always looking for opportunities to differentiate their product offerings and deliver on the promise of being a trusted advisor to current and prospective clients,” said Paul Hawkins, president and chief executive officer for HawkSoft. “Our integration with IVANS Market Appetite enables our agencies to quickly find the best products for their new and renewal business while also improving carrier and MGA partner relationships.”
IVANS Market Appetite is an innovative search engine for property and casualty insurance agents and brokers to quickly identify markets for commercial lines risks to submit their new and renewal business. IVANS Market Appetite immediately presents agents with a list of carriers, MGAs, and wholesalers with appetite for the specific risk, enabling agents to present the best coverage options while reducing dependency on time-consuming, manual steps traditionally used to find markets. IVANS Market Appetite directs more in-appetite submissions from agents into carriers and MGAs’, enabling markets to write more desired business. By providing a simple, automated solution to connect agents, carriers, and MGAs for new business opportunities, IVANS Market Appetite furthers IVANS commitment to drive greater automation and business value for the independent agency distribution channel.
“Leveraging the expansive IVANS network of carriers and MGAs, IVANS Market Appetite provides agencies the confidence to quickly identify the right market for each risk,” said Matt Foran, vice president and general manager for IVANS Market Appetite. “We are extremely pleased with the industry’s adoption of IVANS Market Appetite and are excited to collaborate with these innovative companies to enable their agents to identify the best markets for risks in seconds, increasing their commissions, and ensuring their insureds have the best coverage.”
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About IVANS Insurance
IVANS, a division of Applied Systems, is the property and casualty insurance industry’s exchange connecting carriers, MGAs, and agencies. IVANS open platform securely automates the exchange of policy, quote and market-related information and connection opportunities. More property and casualty insurance companies rely on IVANS innovation and expertise than any other company to automate the insurance lifecycle and enable millions of people to safeguard and protect what matters most.