Rapid transformation and innovative new technologies are changing the insurance industry. In this new digital marketplace, insurer connectivity is crucial to stay competitive and drive growth. The ability to communicate and exchange data securely and seamlessly from insurer systems directly to brokerage management systems enhances the independent broker’s core value proposition, and allows them to serve as a trusted advisor to clients.

1. The Digital Brokerage:
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, brokerages need to
become digital businesses.

4. Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 3
An important capability
of a digital brokerage is
insurer connectivity.
Insurer connectivity is the
ability to communicate and
exchange data securely
and seamlessly from insurer
systems directly to brokerage
management systems.

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 brokerages must
leverage 2 core technologies
to drive insurer connectivity:
>> Download
>> Real-Time

7. Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 6
Download: Improve
productivity across the
entire brokerage
Download is a data exchange solution
that enables insurers to automate delivery
of information directly into a brokerage
management system.

8. Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 7
With Download,
brokers can:
>> Receive daily, accurate information
updates from insurers directly into the
brokerage management system
>> Download information from multiple
insurers within a single connection
>> Exchange more than 20 types of
information across multiple lines

9. Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 8
Real-Time: Deliver faster
customer service
Real-Time is an automated data exchange
that provides instantaneous lookup of
data in an insurer system from within
a brokerage management system or
comparative rater.

10. Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 9
With Real-Time quoting,
service and claims
capability, brokers can:
>> Increase quote turnaround time to drive
quicker new and renewal sales
>> Instantly access accurate policyholder
information for improved customer service
>> Automate workflows and improve
credential management
>> Eliminate re-keying of data, improve
accuracy and data consistency, and
reduce E&O

11. Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 10
Remaining un-automated
is not an option.
Increase connectivity
with your insurers to
take advantage of every
business opportunity.

12. Insurer Connectivity: Connecting the Business of Insurance Through Data Exchange 11
Get the ebook that inspired
this SlideShare:
DOWNLOAD NOW ›

13. Applied Systems Canada Inc.
6865 Century Avenue
Suite 3000
Mississauga, Ontario L5N2E2
866.899.5120
For more information visit
appliedsystems.ca
© Copyright 2016 Applied Systems