Independent insurance agents face cost and admin stresses

Commercial lines insurance may be a booming growth opportunity, but Applied Systems research has found that it is also a profitability and admin burden for many independent agencies and the software company believes the answer to lessening this cost load lies largely in technology.

From tapping into commercial quoting solutions, to payment processes, to big data, at Applied Net, Applied Systems’ annual conference, senior leaders and executives at the insurance software business pledged to slice down admin costs and time burdens for its users through innovations that have debuted and are set to take flight on platforms Applied Epic and EZLynx.

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