Ivans, a division of Applied Systems, has announced the latest release of Ivans Distribution Platform, which has enhanced carrier dashboards that increase visibility into agency submission trends and growth opportunities.
The Distribution Platform provides carrier connectivity to agency-facing systems for commercial lines quoting and submissions. Specifically agency-specific submission data, including lines of business, submission status, and more.
Thanks to its in-product dashboards, clients are able to view appetite and submission trends across all system partners. This will allow them to spot growth opportunities and to better understand trends.
In addition to the value of connecting once, carriers can also view trends across industry partners from one dashboard.
Those companies using Ivans Download can then send policy data and eDocs directly to their agency’s management system to support ongoing account service.
Kathy Hrach, SVP of Product Management, Ivans, commented: “Carriers assessing product and market strategy without data into how agency submission trends are running the risk of increasing loss ratios and driving higher submission costs.
“The latest release of Ivans Distribution Platform will deliver the agency-specific data that carriers need to accurately enhance their product offering so they can reduce quote rejections and grow premium profitability.”
