As we consider the Digital Roundtrip of Insurance, we have already begun and will continue delivering meaningful value at every stage. Here are some examples of in-market and in-development capabilities across the Applied portfolio.
Click the arrows below to learn more about each stage.
Accessible natively within the BMS, an integrated, generative AI tool purpose-built for insurance brokers can help create clear, concise, and engaging communications.
Sales and Marketing
Leveraging Applied’s unique connectivity and rating with our insurer partners, AI-augmented submissions seamlessly route to underwriters for consolidated review and faster processing. The connectivity between Applied and insurers creates the opportunity for a unique collaboration experience between the underwriter and the broker in a single pane of glass, where questions and communication on missing information, submission status, and more happen seamlessly.
Submissions and Underwriting
Integrated and accessible natively in the BMS, an AI-powered growth engine helps identify high-probability cross-sell and upsell opportunities when renewing a policy.
Policy Management
A natively embedded solution within the BMS accounting general ledger automates statement reconciliation for direct bill commissions and insurer payables. Upload statements in any form, scanned images, PDFs, CSVs, etc., and let AI extract information like dates, premiums, policy or plan numbers, and commissions, then transform them into structured financial data for recording and reconciliation.
Financial Management
Accessible from within the management system or Microsoft Outlook, AI-amplified servicing tools enable brokerage staff to quickly access information and execute tasks like identifying accounts, adding activities, and auto-summarizing emails using management system policy and account data, policy and endorsement documents, and customer communication.
Servicing
The Digital Roundtrip of Insurance
