Mercury Insurance Selects IVANS for Digital Distribution Network
Carrier to connect to broadest digital independent agency distribution channel to increase ease of doing business with agency partners and identify market opportunities
Tampa, FL – Sept 15, 2016 – IVANS, a division of Applied Systems, today announced that Mercury Insurance has selected IVANS, the property and casualty insurance industry’s broadest digital distribution network, to automate the exchange of insurance information with IVANS Download to its more than 5,000 agency partners. Additionally, as the company expands into new markets, IVANS will provide visibility into new growth opportunities by leveraging a network of approximately 30,000 agencies.
“As part of our digital transformation, we are keenly focused on ensuring the greatest connectivity to our independent agency channel,” said Luis Rendon, director of National Sales and Marketing, Mercury Insurance. “IVANS enables our business to provide our agencies automated information exchange in their familiar workflows, increasing ease of doing business and enhancing customer service for the end insured. Additionally, as we look to expand our business into new lines, IVANS will provide us the data insights we need to expand our agency distribution footprint.”
IVANS connects carriers and MGAs to the largest digital distribution network of nearly 30,000 independent insurance agencies in the United States. The IVANS network of connected agencies enables carriers and MGAs to quickly identify and access new business opportunities to drive profitable growth via the independent agency channel. IVANS Download automates the generation and delivery of ACORD transactions, including Personal and Commercial Lines policy, Claims, ACORD eDocs and ACORD Messages and other policyholder-related information from carriers to agencies and MGAs based on the latest ACORD data standards, enabling carriers and agencies to focus more on the business of insurance by improving productivity through the automated exchange of information. IVANS Download drives greater efficiency and connectivity between carriers and their agencies and MGAs and ensures that current, accurate information is continually available throughout underwriting and servicing. As the industry standard for connectivity, IVANS provides an open platform that increases ease of doing business between carrier, MGA and agency partners via automated workflows and data exchange to build strong business relationships and provide better service for the end insured.
“IVANS data shows that 70 percent of agents find the availability of download to be very important when selecting carriers to do business with,” said Thad Bauer, vice president and general manager of IVANS Insurance. “The continued growth of IVANS demonstrates carriers’ response to agent demand for automated download services, as well as underscores carriers’ increased investment in connectivity to enhance their competitive value and capitalize on new business. As the industry’s digital distribution network, IVANS enables carriers to differentiate their business by quickly identifying new growth opportunities to ultimately drive more business for carriers.”
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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.