Arch Insurance Goes Live on Applied Systems Commercial Lines Panel
May 15 2024 - 5:00AM
Arch Insurance Goes Live on Applied Systems Commercial Lines
Panel
Applied Systems Europe® today announced that Arch Insurance has
launched its specialist property owners insurance product on its
commercial e-trading panel, enabling brokers using the software
provider’s cloud-based Applied Epic broker management system to now
quote and bind directly with the insurer.
The new digital, e-trading solution is a specialist property
investors insurance product designed for owners and landlords of
let commercial and residential properties, as well as mixed
portfolios. The policies also include all risks cover provided as
standard.
The continuing expansion of Applied System’s commercial lines
panel is part of its stated strategy to become a significant player
in the provision of commercial lines e-trading access for brokers,
building on its leading position in the personal lines market.
Tony Silve, VP, National Director, Arch Online, commented: “We
are delighted to offer Applied brokers e-trade access to our
popular Property Owner’s solution, as we continue to expand our
digital solutions. We look forward to building our partnership with
Applied, providing good customer outcomes and a choice for brokers
to trade how they wish to trade with Arch”.
Chris Moseley, Vice-President of Insurer Solutions, Applied
Systems Europe, added: “E-trading of commercial lines products is
reaching a tipping point in terms of both brokers’ and customers’
expectations, and we are seeing more insurers like Arch Insurance
answering the call. We are delighted that Arch is now fully live
and trading on our growing commercial lines panel with its
excellent property owner’s product.”
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About Applied SystemsApplied Systems is the leading
global provider of cloud-based software that powers the business of
insurance. Recognised as a pioneer in insurance automation and the
innovation leader, Applied is the world’s largest provider of
agency and brokerage management systems, serving customers
throughout the US, Canada, the Republic of Ireland, and the UK. By
automating the insurance lifecycle, Applied’s people and products
enable millions of people around the world to safeguard and protect
what matters most.