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Corporation
INTERNET | Internet Software & Services / Accounting & Finance
appliedsystems.com

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Founded Year

1980

Stage

Unattributed VC | Alive

Revenue

$0000 

About Applied Systems

Applied Systems is a provider of software that powers the business of insurance. The company specializes in agency management systems and data exchange between agencies, brokers, carriers, and their clients. By automating the insurance lifecycle, Applied Systems' software enables users to safeguard and protect what matters most.

Applied Systems Headquarter Location

200 Applied Parkway

University Park, Illinois, 60484,

United States

+1 708 534 5575

Latest Applied Systems News

Year-on-year average premium rates remain positive: Applied Systems

Nov 24, 2021

Year-on-year average premium rates remain positive: Applied Systems Applied Systems has announced the third quarter 2021 results of the Applied Commercial Index, the Canadian insurance industry’s premium rate index. The company discovered that overall, the magnitude of rate increases increased across all lines, in comparison with the average premium renewals in the same quarter last year with 8.76% in Q3 2021 up from 8.31% in Q3 2020. Real Estate and Retail Services saw rate movement of 10.49% and 8.78% versus 10.84% and 8.90%, respectively, in Q3 2020. The index showed that compared to the same period last year, Q3 2021 results showed relatively lower rate renewal rate changes across the most commonly placed Commercial Lines categories, including Real Estate Property, Business and Professional Services, Construction, and Hospitality Services. Premium renewal rate change increased quarter over quarter for Retail Services. Average Real Estate Property premium renewal rate change remained high in Q3 2021 at 10.49% relative to other industries. Average Construction premium renewal rate change also remained high at 9.81%. Steve Whitelaw, vice president and general manager, Canada, Applied Systems said: “While we are still experiencing a hard market, the Q3 index shows a slight reduction of average premium rate increases across most of the major commercial lines, except Retail Services which experienced a small increase. “As we move into the end of the year, the index will guide brokerages with data-backed insight during their renewal conversations with customers and enable insurers to determine competitive rates.”

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Research containing Applied Systems

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Applied Systems in 2 CB Insights research briefs, most recently on Sep 29, 2020.

Expert Collections containing Applied Systems

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Applied Systems is included in 2 Expert Collections, including InsurTech.

I

InsurTech

1,644 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

F

Fintech

7,165 items

US-based companies

Applied Systems Patents

Applied Systems has filed 13 patents.

The 3 most popular patent topics include:

  • Belt drives
  • Embedded systems
  • Engine components
patents chart

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4/26/2013

4/4/2017

Data management, Information technology management, BBC television news programmes, Instruction set architectures, Document management systems

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Data management, Information technology management, BBC television news programmes, Instruction set architectures, Document management systems

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Applied Systems Web Traffic

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