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The Digital Broker:
Insurer Connectivity
Connecting the Business of Insurance
Through Data Exchange
Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 1
Rapid digital transformation
is underway in the
insurance industry.
Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 2
A new competitive landscape
and changing consumer
preferences require new
business strategies.
To grow and thrive during
the digital transformation of
insurance, businesses need
to become digital.
Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 3
An important capability of
a digital business is insurer
connectivity.
The ability to communicate
and exchange data securely
and seamlessly from insurer
systems directly to the broker
management system.
Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 4
Automating connectivity
is critical to the core
value proposition of
the independent broker
– providing the best
products and advice to
their clients.
Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 5
Digital brokers leverage
insurer connectivity to:
>> Provide an enhanced customer experience
>> Capitalise on more desirable business
opportunities with more market access
for new risk types
>> Ensure critical documents are immediately
available to brokers and the insured
Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 6
Online Integrated
eTrading
Integrated eTrading for Commercial
and Personal Lines enables brokers to
provide accurate quotes in real-time
to meet consumer demand for timely
and comprehensive service. eTrading
provides an efficient route to market
by automating the management and
purchase of policies directly from the
broker management system.
Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 7
With online eTrading
brokers can:
>> Increase quote turnaround time to drive
quicker new and renewal sales
>> Instantly access current, accurate
policyholder information for improved
customer service
>> Automate workflows and improve
credential management
>> Eliminate rekeying of data, improve
accuracy and data consistency, and
reduce errors and omissions
>> Review and compare competitively
priced products to recommend
Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 8
Remaining un-automated
is not an option.
Increase connectivity
with your insurers to
take advantage of every
business opportunity.
Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 9
Get the ebook that inspired
this SlideShare:
DOWNLOAD NOW ›
Applied Systems UK
Invicta House
Trafalgar Place
Brighton
BN1 4FR
+44 (0) 1273 852000
For more information visit
appliedsystems.co.uk
© Copyright 2016 Applied Systems

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Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange (UK Version)

  • 1. The Digital Broker: Insurer Connectivity Connecting the Business of Insurance Through Data Exchange
  • 2. Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 1 Rapid digital transformation is underway in the insurance industry.
  • 3. Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 2 A new competitive landscape and changing consumer preferences require new business strategies. To grow and thrive during the digital transformation of insurance, businesses need to become digital.
  • 4. Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 3 An important capability of a digital business is insurer connectivity. The ability to communicate and exchange data securely and seamlessly from insurer systems directly to the broker management system.
  • 5. Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 4 Automating connectivity is critical to the core value proposition of the independent broker – providing the best products and advice to their clients.
  • 6. Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 5 Digital brokers leverage insurer connectivity to: >> Provide an enhanced customer experience >> Capitalise on more desirable business opportunities with more market access for new risk types >> Ensure critical documents are immediately available to brokers and the insured
  • 7. Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 6 Online Integrated eTrading Integrated eTrading for Commercial and Personal Lines enables brokers to provide accurate quotes in real-time to meet consumer demand for timely and comprehensive service. eTrading provides an efficient route to market by automating the management and purchase of policies directly from the broker management system.
  • 8. Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 7 With online eTrading brokers can: >> Increase quote turnaround time to drive quicker new and renewal sales >> Instantly access current, accurate policyholder information for improved customer service >> Automate workflows and improve credential management >> Eliminate rekeying of data, improve accuracy and data consistency, and reduce errors and omissions >> Review and compare competitively priced products to recommend
  • 9. Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 8 Remaining un-automated is not an option. Increase connectivity with your insurers to take advantage of every business opportunity.
  • 10. Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 9 Get the ebook that inspired this SlideShare: DOWNLOAD NOW ›
  • 11. Applied Systems UK Invicta House Trafalgar Place Brighton BN1 4FR +44 (0) 1273 852000 For more information visit appliedsystems.co.uk © Copyright 2016 Applied Systems