Brighton, UK (PRWEB UK) 4 December 2014
Applied Systems today announced that Romero Insurance Brokers Ltd., this year’s Insurance Times’ Commercial Broker of the Year, has extended its partnership with Applied Systems to leverage Applied TAM, the most widely used agency and brokerage management system in the world, to drive business expansion and streamline operations. Romero Insurance Brokers will continue to benefit from a single source of data entry to manage client policy and risk details, rating output, and accounting transactions, reducing time and expense spent managing duplicative administrative tasks and enabling business growth through their schemes business.
“In order to quickly respond to market changes and new service opportunities, we require advanced technology to standardise data entry, streamline our processes, and simplify reporting,” said Simon Mabb, managing director of Romero Insurance Brokers. “To date, we have experienced increased employee productivity by more than 50 percent with Applied TAM, enabling our brokers to spend additional time expanding their book of business and deliver market-leading personal service for our clients.”
Applied TAM allows brokerages to automate daily operational processes, client policy information, and insurer connectivity, enabling users to be more productive and focus on the core business of selling insurance and servicing their insured. Through an automated and easy-to-navigate interface, Applied TAM provides deep visibility into day-to-day brokerage operations to reduce time spent on administrative tasks, decrease errors and omission risk, provide a seamless employee onboarding and training experience, and better respond to client needs. Applied TAM automates the business operations for more independent insurance brokerages than any other brokerage management system.
“Increasing industry consolidation and diversifying competition are requiring independent brokerages to leverage technology solutions that improve business operations and enable personalised client servicing,” said Jeff Purdy, senior vice president of International Operations, Applied Systems. “Through increased integration and enhanced capabilities of Applied TAM and the expanding UK product portfolio, Romero Insurance Brokers will continue to benefit from standardised workflows, documentation and reporting, allowing them to manage business growth in the most cost effective and productive manner.”
About Applied Systems
Applied Systems is a leading provider of software that powers the business of insurance. Applied is recognised as a pioneer in agency and brokerage management systems and data exchange between brokers and insurers and their clients. Automating the insurance lifecycle for more than 140,000 insurance professionals, 12,000 brokers and 350 insurers worldwide, Applied enables millions of people around the world to safeguard and protect what matters most.