0
  • Home
  • Editorials
  • Press Releases (multiple industries)
  • Events
  • B2B PR
  • Podcast
  • Advertise
  • Events/Conferences
  • Contact our team
  • PR Distribution
PICANTE Today - Hot News Today PICANTE Today - Hot News Today
PICANTE Today - Hot News Today PICANTE Today - Hot News Today
PICANTE Today - Hot News Today PICANTE Today - Hot News Today
  • Home
  • Editorials
  • Press Releases (multiple industries)
  • Events
  • B2B PR
  • Podcast
PICANTE Today - Hot News Today PICANTE Today - Hot News Today
  • Home
  • Editorials
  • Press Releases (multiple industries)
  • Events
  • B2B PR
  • Podcast
Home » Blog » IVANS Reveals Findings from 2019 Agency-Insurer Connectivity Report
Archives

IVANS Reveals Findings from 2019 Agency-Insurer Connectivity Report

Posted by GlobeNewswire November 12, 2019
Share
READ NEXT
university-of-phoenix-workforce-solutions-group-creates-new-national-workforce-director-position
University of Phoenix Workforce Solutions Group Creates new National Workforce Director Position

TAMPA, Fla., Nov. 12, 2019 (GLOBE NEWSWIRE) — IVANS®, a division of Applied Systems®, today announced the findings of its annual agency-insurer connectivity report. The report, 2019 Digital Technology Adoption Trends in Digital Distribution and Automated Servicing, highlights increased adoption of digital technology by both insurers and agencies; however, it also shows the opportunity for these insurance stakeholders to prioritize and align their digital initiatives.

Key survey findings include:

  • Agency-Insurer Connectivity: 83% of agencies surveyed found the availability of connectivity to be very important when selecting an insurer to do business with. Likewise, 95% of insurers find providing automated connectivity to agency partners very important.
  • Marketing Opportunities: 34% of agencies surveyed reported using printed appetite guides to identify markets, while 79% of insurers still produce printed appetite guides.
  • Rating and Quoting Priorities: 73% of agencies said they prefer quoting a Personal Lines policy within their management system. Similarly, only 34% of agencies reported a preference to quote Commercial Lines policies via insurer portals.
  • Automated Servicing: 74% of agencies indicated interest in having each of their insurers offer eDocs and Messages download, while only 51% of insurers are supporting eDocs & Messages.

“This year’s Annual Agency-Insurer Connectivity Report shows year-over-year growth in demand from both agencies and insurer for connectivity,” said Thad Bauer, vice president and general manager, IVANS Insurance Solutions. “As the demand for connectivity increases from each stakeholder, it is critical that both agencies and insurers embrace the technology to enable automated distribution and servicing, enabling them to more effectively compete with new market entrants and direct writers.”

View the full 2019 Digital Technology Adoption Trends in Digital Distribution and Automated Servicing report

Survey Methodology

More than 1,600 independent agencies, MGAs and insurers across the U.S. and Canada participated in the 5th Annual IVANS Agency-Insurer Connectivity Survey, from which the results of this report were generated. Respondents voluntarily participated in an online survey conducted in July and August 2019. The findings are based on responses to a set of questions about agency and insurer technology use.

The IVANS products and logos are trademarks of Applied Systems, Inc., registered in the U.S.

About IVANS

IVANS, a division of Applied Systems, is the insurance industry’s exchange connecting insurers, MGAs, agencies and the insured. IVANS cloud-based software automates the distribution and servicing of insurance products. For more than 30 years, IVANS innovation and expertise has connected 32,000 independent insurance agencies and 400 MGA and insurer partners to enable millions of people to safeguard and protect what matters most in people’s lives.

Lauren Malcolm
Applied Systems
[email protected]

Tags: itindustry Tech
Share
Share on Facebook Share on Twitter Share on Pinterest Share on Email
GlobeNewswire November 12, 2019
GlobeNewswire
View More Posts
GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Previous Article Protection From Cellphone Radiation Has Never Been Stronger
Next Article RoamHR Selects William Mills Agency for Financial Services Media Relations

You Might Also Enjoy

One United Properties posts a consolidated turnover of 285.5 million euros and a gross profit of 88.6 million euros in 2024

Posted by Zoltán Tűndik February 27, 2025
READ MORE

QNB Group Strengthens Innovation and Fintech Ecosystem with Strategic MoUs at Web Summit Qatar 2025

Posted by Zoltán Tűndik February 27, 2025
READ MORE

Calderys invests in a state-of-the-art Innovation Center in Neuwied, Germany

Posted by Zoltán Tűndik February 27, 2025
READ MORE

MEXC Launches Campaign for ENA & USDe with $1,000,000 Rewards

Posted by Zoltán Tűndik February 27, 2025
READ MORE

PICANTE is a news publishing website which digests / hand picks the latest news about technology, entertainment, lifestyle, finance and politics and serves them to you daily.

Whenever you are looking the find out more about the latest in AI or mobile, wining and dining, home-land security across the world, data analytics, fashion, pop and movie culture, political developments and much more, you are in the right place. Just head to our menu and browse the topics by category. We are sure you will find information that you might not find in other media sources

Email: [email protected]

Latest Posts

Esker (Market Dojo) Recognised in the 2025 Gartner® Market Guide for Sourcing Applications

February 27, 2025

Whatfix Unveils ScreenSense: An AI Technology to Shape the Next Frontier of Digital Adoption

February 27, 2025

Veeva Direct Data API Now Included with Vault Platform to Enable AI Innovation

February 27, 2025

Consensus concludes sold-out debut event in Hong Kong and announces return to Asia in 2026

February 27, 2025

Bybit Takes Aim at Crypto Crime with Launch of Industry-first LazarusBounty.com Platform

February 27, 2025

HIPTHER Talks Podcast

  • About PICANTE
  • Advertise
  • Authors at PICANTE
  • Cookies
  • Contact Us
  • RSS
  • Sitemap
  • B2B Press Releases
  • Press Release Distribution Services
  • Privacy Policy
  • Terms of Service

Copyright © 2007 – 2025 HIPTHER. All Rights Reserved Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

Our website uses cookies to improve your experience. Learn more about: Cookie Policy

Accept