New Insurtech Solutions with Appulate 10
“Dramatic” User Experience Coming to New Appulate Version
February 25, 2021 10:30 AM Eastern Standard Time
Westlake Village, CA – Appulate, the world’s leading insurance submission, application, and renewal platform, announces its unparalleled 10th generation launch, set for February 25th, 2021. This advanced and innovative insurance distribution platform not only brings forth the easiest application for networked insurance agents and brokers to submit and quote P&C risks, but this milestone launch also includes numerous, long-awaited features that the insurance technology industry has been anxiously waiting for.
Appulate’s insurance innovation continues to propel the industry forward with its goal to dramatically reduce workloads through automation. The main emphasis of Appulate 10 is to enhance the utilization of carrier “API’s” to promote a real-time “Rate, Quote and Bind” experience. Furthermore, Appulate 10 will allow for agents and brokers to compare quotes and then share these with the insured to expedite the application and digital renewal process. Though Appulate already offers real-time “Rate, Quote and Bind” with many carrier markets, this new version focuses on ease of use. Additionally, Appulate plans to launch its long-anticipated agent billing capabilities as part of Appulate 10.
“The enhancements seen in Appulate 10 not only highlight the power of our partnerships with leading carriers, but it also shows how far the industry has grown” comments Dimitri Nikouline, Co-Founder and Chief Technology Officer at Appulate, Inc. “The industry is ready to accept the future of insurance”, adds Nikouline. “Our customers are the most important beneficiaries of our enhancements. MGA and Carrier customers saw sizable increases in ADDITIONAL prospective business through Appulate last year. With enhancements from Appulate 10, in 2021 we are on trend to see another big increase in volume for our markets.”
Since 2005, Appulate has been connecting more than 270,000 users (representing roughly 35,000 retail agencies) to the largest number of carrier, MGA / wholesale markets of any digital platform. Appulate provides industry-leading insurance technology solutions that bridges retail agents and markets while empowering them to send fillable ACORD forms, supplemental forms, loss run request, and other data to carriers, wholesale brokerages, MGA and TPA receivers. Using the ACORD XML standards, Appulate offers an unprecedented level of connectivity to streamline business processes. The combination of our advanced technology, AMS integration, outstanding service, and experienced team allow us to create products and services with a high value proposition.
About Appulate, Inc.
The digital age is rapidly changing the way agents quote business with their carriers. Long gone is the fax machine – replaced by mobility and algorithms. Today, digital agents (and the insureds they represent) demand instant gratification. If business can’t be conducted quickly, customers go elsewhere.
Appulate powers the digital transformation of insurance through automated insurance agency technology by bringing together the insured, agent, wholesale broker, MGA, and carrier on a single “point of sale” platform designed to expedite the rate, quote and even bind process for property and casualty risks.
Carriers and MGAs use Appulate to not only digitize their products and programs using AMS integration tools, but further expose them to the more than 80,000 agency locations using Appulate today.
Visit Appulate at Appulate.com