Applied Systems, a developer of insurance automation solutions, has launched a new data analytics tool specially designed for independent insurance agencies and brokerages.
The tool, Applied Analytics, analyzes and displays data (such as employee performance and insurer relationship insights) from an agency or brokerage management system, allowing owners and operators to make more informed business decisions.
A release said that the tool utilizes the fulsome data contained in Applied’s proprietary management system, Applied Epic.
Visual dashboards displayed by Applied Analytics provide business insights to users, which include:
“The launch of Applied Analytics provides agencies and brokerages a new, visual representation of all aspects of an organization’s business – from operational performance, to employee success, insurer relationships, and complete book of business analysis,” commented Applied Systems senior vice-president of product management Michael Howe.
“Through its market-leading management system integration with Applied Epic, Applied Analytics enables agencies and brokerages to visually analyze the vast amounts of existing data with ease to expedite the decision-making and planning process with more informed insights.”