Tampa, FL (PRWEB) September 19, 2016
IVANS, a division of Applied Systems, today announced that Insurity, a provider of core insurance processing software and data integration and analytics solutions, has joined the IVANS Partner Program as an IVANS Partner for Carrier Solutions. As part of this partnership, Insurity will certify its Insurance Decisions Suite and Oceanwide’s Bridge Insurance Software Suite, Oceanwide’s Genoa Marine Insurance Software, and Tropics Breeze platforms as IVANS Ready for Download and IVANS Ready for Real-time to significantly reduce the time to implement, test and deploy interface services for mutual carrier and MGA clients. Of note, IVANS has collaborated with Insurity to enable Commercial Lines round-trip rating and bridging, as well as MGA interface with numerous carriers.
Insurity’s Insurance Decisions Suite is a comprehensive suite that offers pre-built interfaces and integrations. The suite includes Policy Decisions Evolution, Billing Decisions and Claims Decisions. Tropics Breeze platform provides rich browser-based policy & claims administration, integrated billing, agent & policyholder web portals, and business intelligence in one end-to-end solution. Oceanwide’s Bridge Insurance Software Suite offers a modern approach to insurance core processing with a true SaaS model and a low-cost, easily configurable system that can be deployed rapidly, customized for your workflow requirements and maintained by your own staff. Genoa Marine Insurance Software Suite enables better business practices related to Cargo, Hull and P&I, Marine Liabilities and Yacht insurance business while providing operational efficiencies that result in cost reductions.
“Insurance carriers and MGAs undergoing digital transformation are evaluating solutions that can manage their business and provide connectivity to their independent agency channel,” said Lani Cathey, executive vice president, Insurity. “In partnering with IVANS, we provide our carrier and MGA partners with instant access to the broadest distribution network of independent insurance agencies, providing new business opportunities to drive profitable growth.”
IVANS currently works with nearly 40 Agency Management System providers and connects more than 450 carriers to approximately 30,000 independent insurance agencies for streamlined download and real-time data distribution. The IVANS Partner Program brings together leading third-party software providers to collaborate with IVANS to more efficiently and effectively develop and implement connectivity solutions that enable carriers, MGAs, and agencies to drive a more connected distribution channel. The IVANS Partner Program is currently comprised of IVANS Partners for Agency Solutions and IVANS Partners for Carrier Solutions.
“As the insurance industry becomes more connected, carriers and MGAs are looking to expand their distribution channel to drive new business opportunities and additional agency relationships,” said Bill Tedrick, vice president of IVANS Insurance. “We look forward to collaborating with Insurity and enabling our joint carrier and MGA customers to access new markets and drive profitable growth via the IVANS digital distribution network.”
IVANS, a division of Applied Systems, is the property and casualty insurance industry’s exchange connecting carriers, MGAs, and agencies. The IVANS open platform securely automates the exchange of policy, quote and market related information and connection opportunities. More property and casualty insurance companies rely on IVANS innovation and expertise than any other company to automate the insurance lifecycle and enable millions of people to safeguard and protect what matters most.
Insurity, Inc. enables property & casualty insurers to modernize their enterprise and achieve their business goals. Insurity’s core processing applications and data integration and analysis solutions are backed by rich insurance expertise and are in production with over 100 insurers, processing billions of dollars of premium each month. Insurity’s solutions address the needs of all carriers – from the Top 20 insurers to small or regional commercial, personal, or specialty lines writers, as well as MGAs. For more information about Insurity, call 860-616-7721 or visit http://www.insurity.com. Connect with Insurity on Twitter, LinkedIn and Facebook.
Oceanwide, an Insurity company, delivers SaaS core processing solutions to property and casualty (P&C) insurers of all sizes to enable faster reactions to market changes, easy configuration and management of new and existing products for increased speed and lower costs across all lines of business, virtually eliminating professional service fees. Web-enabled and fully-configurable by end users without custom programming, Oceanwide’s insurance software solutions automate core administration (policy, billing, and claims), as well as underwriting, document generation, agent/consumer portals and reporting.