Tinton Falls, NJ –January 9, 2018 Convelo Insurance Group is excited to announce that it has selected Appulate to automate and distribute their insurance programs. Convelo, a newly formed MGU led by several industry veterans, is focused on combining the latest technology with customized insurance products and services.
“The mission of Convelo is to provide agents with competitive products utilizing a highly automated process that makes doing business with us quick and easy,” explains Tom Greenwald, CEO at Convelo Insurance Group. “Combining our products and IT technology with the Appulate platform will help us reach a much broader distribution network and allow agents to obtain quotes rapidly” comments Greenwald.
Appulate is the leading provider of submission and quoting management solutions for the property and casualty sector of the insurance industry. Their claim to fame is a middle ware technology that bridges ACORD and other data from any agency management system to various carriers. This technology is used by more than 80% of all independent agencies in the United States and has established the single largest distribution channel of independent insurance agencies (totaling more than 30,000) available.
Initially, Convelo plans to launch a commercial general liability program via Appulate. This highly automated program will serve a wide variety of risks in the small to mid-size premium range and is available to all Appulate agencies. Agents will be able to get instant pricing indications by simply uploading the ACORD application thru the Appulate Uplink tool, or by utilizing the on-line rating portal.
“Convelo is the next generation of MGU,” says Jeffrey Harris, President of Appulate, Inc. “They will marry a highly automated process to their underwriting expertise to attract a large volume of good risks while delivering exceptional service to the agent.”
About Appulate, Inc.
Appulate, “Empowering The Agent™” offers an unprecedented level of automation to streamline the submission processes through its innovative abilities to bridge data between insurance systems. Today, Appulate technology is used by more than 30,000 retail agents and has been recognized by key industry groups and analysts for its contribution to time and cost savings. The combination of Appulate’s advanced technology, outstanding level of service, and high value proposition has made them one of the fastest growing technology companies that serves the insurance industry.
Visit Appulate at www.Appulate.com.
About Convelo Insurance Group, LLC
Convelo Insurance Group, LLC is a national Managing General Underwriter that focuses on niche segments to deliver unique products to its agents with an emphasis on ease of doing business together. They leverage underwriting expertise with cutting edge technology to give their agents the ability to instantly quote and bind coverages in an innovative and automated approach, as well as developing programs that meet agent’s specific needs. Convelo is passionate about insurance programs and they strive to provide customer service that exceeds expectations. Convelo’s team of underwriters bring product knowledge to provide industry insight you can depend on. They provide their partners with “best in class” insurance products in an efficient, low-touch, seamless and reliable model.
Visit Convelo at www.ConveloIns.com
Appulate Contact:
Margo Gullick
2801 Townsgate Road, Suite 210
Westlake Village, CA 91361
(818) 717-7301
bstuart@appulate.com