Applied Systems Company Research Report
Company Overview
Name:
Applied Systems
Mission of the Company:
Applied Systems aims to transform the insurance industry through innovative technology, digitization, automation, and partnerships.
Founded:
- Year: 1983
- Founders: No information is available.
Key People:
- Stuart Kaplan - Dynamic Executive Leader
- Trevor Bunker - Chief Customer Officer
- Sajjad Ahmed - Vice President of Product Management
- Colleen Lazanich - CEO, CalNonprofits Insurance Services
Headquarters:
Chicago, Illinois, USA
Number of Employees:
1,001-5,000 employees
Revenue:
No information is available.
What the Company is Known For:
Applied Systems is renowned for its technology innovations in the global insurance industry, with a focus on cloud software solutions that enhance agency management and brokerage operations.
Products
Offered Products:
1. Applied Cloud
- Description: A sophisticated cloud solution for insurance agencies.
- Key Features: Designed to provide scalable infrastructure, secure data management, and advanced computing resources for insurance processes.
2. Insurance Agency Management Systems
- Description: Software solutions for managing insurance agency operations.
- Key Features: Includes applied CSR24 and Applied Epic, which offer tools for client communication, workflow automation, and data management.
3. Applied Epic
- Description: A comprehensive management system offering integrated workflows.
- Key Features: Facilitates efficiency in operations, and optimizes client interaction and policy management.
Recent Developments
Recent Developments in the Company:
- Acquisition: Applied Systems has acquired Planck to advance its digital roundtrip of insurance.
- Expansion: The company is undergoing a digital transformation, incorporating AI and automation into its service offerings.
New Products Launched:
- Epic Quotes Commercial Lines in Canada: A new multi-insurer commercial rating solution integrated into Applied Epic.
New Features Added:
- No information is available.
New Partnerships:
- Partnering with VT Insurance Agency LLC to optimize niche commercial lines workflows using Applied's technology.
This information provides a comprehensive look at Applied Systems, showcasing their focus on insurance technology innovation and industry transformation. As a leader in the field, they continue to expand their influence through new products and strategic partnerships.