Berkshire Hathaway GUARD Insurance Companies Selects IVANS Markets
Commercial Lines insurer to automate appetite communications to IVANS network of more than 32,000 agencies
Tampa, FL – Dec. 19, 2018 – IVANS®, a division of Applied Systems®, today announced that Berkshire Hathaway GUARD Insurance Companies has selected IVANS Markets® to automate appetite communications with current and prospective agency partners. Leveraging IVANS Markets, Berkshire Hathaway GUARD will automate distribution to the largest network of connected agencies, enabling the insurer to support its digital distribution strategy.
“The ability to provide our independent agency partners with clear, concise, and readily accessible information about our underwriting appetite is important – both to their success and ours,” said Dave Simmons, senior vice president of Sales, Berkshire Hathaway GUARD Insurance Companies. “A greater quantity of quality submissions that ultimately results in more written policies is always the goal. IVANS Markets helps us to do just that.”
IVANS is the insurance industry’s exchange connecting insurers, MGAs, and agencies. IVANS Markets provides insurers and MGAs an industry-first application to instantly communicate appetite and identify new business opportunities with agencies. Leveraging this digital channel also reduces dependency on time-consuming, manual steps traditionally used to communicate appetite. IVANS Markets directs more in-appetite submissions into your pipeline to drive growth and profitability.
“Agencies are demanding that insurers provide instantaneous access to commercial appetite within the agency management system, enabling them to efficiently provide the best products and services for their clients,” said Brian Wood, vice president of Data Products Group, IVANS Insurance Solutions. “IVANS Markets will enable Berkshire Hathaway GUARD to instantly communicate their latest appetite to agents, driving more quality submissions and premium growth.”
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IVANS, a division of Applied Systems, is the insurance industry’s exchange connecting insurers, MGAs, agencies, and the insured. IVANS cloud-based software automates the distribution and servicing of insurance products. For more than 35 years, IVANS innovation and expertise has connected 32,000 independent insurance agencies and 400 insurer and MGA partners to enable millions of people to safeguard and protect what matters most in people’s lives.