Ivans Index November 2022 Results Released
December 15, 2022
Average premium renewal rates for nearly all major commercial lines of business remain up year over year while month-over-month rates experience continued variability
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Average premium renewal rates for nearly all major commercial lines of business remain up year over year while month-over-month rates experience continued variability
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Company honoured as a top tech company fueling economic growth across Northern Ireland
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Company honored with six awards for its innovative technology and excellence in the workplace
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Acquisition to create more value and digital distribution in commercial lines and niche markets
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Company completes rigorous audit to validate enterprise-level security
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Year-over-year average premium rates increased while quarterly rate change experienced variability across the most commonly placed commercial lines of business
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National Personal Auto and Personal Property premium rates decreased in all provinces year over year
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Year-over-year average premium renewal rates remain up for the majority of commercial lines while month-over-month rates experience variable changes
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Agency implements EZLynx technology to automate renewal processes, improving efficiency and customer loyalty
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Average premium renewal rates for most major commercial lines of business remain up year-over-year and variable compared to last month
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Global broker standardises its UK broking operations with single system
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The only natively integrated payments solution for the insurance industry is now live
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Top customer recognition for technology innovation, business success and partnership in creating the connected insurance experience
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Recent investments focused on simpler experiences, increased security and performance, and tighter integration across the platform
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Four-day conference brings together agents, brokers, carriers, MGAs, and technology companies to discuss innovations driving the connected insurance experience
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Applied Epic recognized for its excellent performance and innovation
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EZLynx unveils new Performance Goals module and other innovations across the platform at Applied Net 2022
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Company receives highest recognition for providing the most innovative broker software in the industry
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Growing insurance agency leverages EZLynx technology to unify agency operations and provide insight into customer information across all locations
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Year-over-year average premium renewal rates for major commercial lines of business remain up, while month-over-month rates are variable
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Long-time Applied agency transforms its insurance application process into a simple, collaborative experience for both clients and staff
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Ivans recognizes carriers and MGAs for igniting industry connectivity and value that supports growth of distribution channel
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Broker to digitally transform operations for accelerated growth
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Year-over-year average premium rates increased while quarterly rate change experienced a downturn across most major commercial lines
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Company to accelerate acquisition strategy using flexible, open platform as foundation of business operations
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Strategic acquisition to expand portfolio of commercial lines quoting and distribution technologies, driving greater connectivity between independent agencies, carriers, and insureds
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Average premium renewal rates for all major commercial lines of business remain up year over year and variable compared to month prior
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National Personal Auto and Personal Property premium rates increased in all provinces year over year and quarter over quarter
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Company receives recognition as the only insurance software provider awarded Product of the Year
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Average premium renewal rate changes of nearly all major commercial lines of business remain up year over year, while all lines increase month over month except Umbrella
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Brokers and customers to benefit from faster quote-to-bind times
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Insurance agency implements integrated marketing campaigns to more efficiently communicate and engage with clients
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Workers’ Compensation specialist to expand commercial lines distribution via the Ivans network
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PIB Group extends its use of the world’s most widely used broker management system to support business growth
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Leading national carrier to streamline the commercial lines quoting and submission process to independent insurance agencies
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Delaware-based insurance agency selects Applied technology to efficiently manage their Benefits business through integrated solutions
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GUARD is now accepting digital quotes from agents using Ivans’ partner systems including Applied Epic
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National agency to migrate from legacy technology to a single, unified technology platform with Applied Epic and Digital Agency technologies
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Year-over-year average premium rates increased while quarterly rate changes experience downturn across most major commercial lines
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Nearly all average premium renewal rates for major commercial lines of business remain up year-over-year and increased compared to last month
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Company recognized for its organizational performance and innovation
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National Personal Auto and Personal Property premium rates increased in all provinces year over year
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Insurer to leverage standardized data set for faster quote-to-bind workflows
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Indiana-based insurance agency automates marketing communications for better client engagement and increased customer retention
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Broader UK broker market accelerates adoption of world’s most widely used broker management system resulting in an increase in competitive displacements
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Majority of commercial lines of business experience increase compared to March 2022 and remain up year over year
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Hall-of-Fame basketball coach and author to share insights on winning strategies as agencies, brokerages, insurers and MGAs come back together in person at annual conference
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Company recognized for its innovation and excellence in the workplace
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Community-based Ontario brokerage selects Applied technology to digitize business and customer service models across its 40 locations
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Applied Pay to deliver a modern, digital payment experience to simplify and accelerate agents’ and brokers’ premium collection process
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Average premium renewal rates of nearly all major commercial lines of business remain up year over year
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Family-owned insurance brokerage selects Applied Digital Agency technology to create a seamless customer experience
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Collaboration will create digital interactions via artificial intelligence and natural language processing
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Migration to the Applied Cloud brings seamless support and enhanced digital capability
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Partnership allows independent brokerages to automate billing and policy information exchange to mutual insurance companies
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Leading national carrier to meet agent demand for digital commercial lines quoting
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Leading independent research firm releases report to guide agency technology modernization strategies
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Family-owned insurance agency to digitize commercial application process and adopt integrated marketing automation to enhance their client experience
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New office welcomes staff into new hybrid working model; supports talent acquisition and customer engagement
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Workers’ Compensation Specialist expands connectivity via IVANS to automate commercial lines distribution
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Majority of commercial lines of business remain up year-over-year, while most average premium renewal rates decrease compared to January 2022
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Across Canada, average premium renewal rate change remained flat year over year across all major commercial lines
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Conference returns to in-person bringing together the largest gathering of independent insurance agents, brokers, insurers and MGAs
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Leading national carrier to strengthen relationships with the largest network of independent insurance agents by digitizing submissions process
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Company receives recognition as the only insurance software provider on the Top 100 Global Sellers list
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Integrated financial services company turns their insurance application process into a modern, digital experience for both clients and staff
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Majority of commercial lines of business experience decrease in average premium renewal rates, while year-over-year changes remain positive for the majority of commercial lines
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Dun Laoghaire-based independent broker implements Applied Relay for expanded insurer panel and cloud benefits
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National Personal Auto premium rates decreased while Personal Property rates increased in all provinces year over year
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Average premium renewal rates experience general uptick across all major commercial products compared to last year, ending in December with the highest rate changes documented by IVANS Index
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Multi award-winning independent broker implements world’s most widely used broker management system and seamlessly integrates customer service tools
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Independent insurance agency uses data analytics to grow a more profitable book of business
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Latest report on digital insurance agency platforms states end-to-end solutions simplify digital transformation for agencies
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