Westlake Village, CA – January 18, 2022 – Appulate, the leading “digital insurance platform” where the stakeholders of the submission process can collaborate to more easily generate quotes, has partnered with AllDigital Specialty.
AllDigital uses Blockchain technology to facilitate transactions while implementing a proprietary best-in-class Artificial Intelligence (AI) system to underwrite insurance products profitably for its wholesale broker partners.
Through an API connection, powered by Appulate technology to AllDigital’s private permissioned blockchain platform, brokers will be able to generate real-time quotes and bind policies quickly and efficiently. These technologies disrupt the traditional insurance model by making it cost effective for all parties to provide insurance for the vastly underserved small business commercial market.
Chief Technology Officer at Appulate, Dimitri Nikouline comments on the utilization of an API and confirms, “Delivering a real-time experience via API is the future”.
“This digital network expansion will allow AllDigital to reach Appulate’s 35,000 retail member firms and its 250,000 individual brokers” said Jeff Harris, President of Appulate. “AllDigital and Appulate share a commitment to excellent customer service, marrying innovative technology with customer centric and frictionless production support to ensure the best possible user experience” stated Brian DeGraw, Senior Vice President and Head of Production at AllDigital.
Supported on the platform is a competitively priced, admitted Management Liability product offering which includes Directors and Officers Liability and Employment Practices coverage which can be purchased together or separately. Coverage is written on Axis Insurance paper, rated “A” (Excellent) by A.M. Best. The program is designed for Private and Not for Profit businesses with up to $100 million in revenue and 125 Employees. AllDigital is developing additional specialty insurance products to offer through the Appulate connection soon.
Visit www.alldigitalspecialty.com for more information.
About Appulate
Appulate has provided MGAs and industry professionals with the automation technology to do business digitally for almost two decades. Appulate continues to facilitate industry growth with evolving technology catered to meeting the needs of the insurance business.
With the largest network of independent agents in the United States, the automation to easily expand distribution, and access to customizable portals – Appulate has created a digital ecosystem for insurance professionals to save time, maximize productivity, and digitally interact on a single platform.
Visit Appulate at www.appulate.com