Applied Systems achieves two objectives through its most recent acquisition.
When it bought out EZLynx, the technology company gained not only a brokerage management system but also a rating engine.
Applied Systems will now have access to a larger customer base, and will be able to add US insurer rating to its own broker management systems.
This acquisition “further demonstrates our commitment to providing technology choice for agencies of all sizes and increasing automation and connectivity between agencies and insurers to create a more valuable digital distribution channel,” says Taylor Rhodes, CEO of Applied Systems.
This is not Applied's first acquisition in North America. Its key acquisitions over the years include: Policy Works, Indio Technologies, TechCanary, NxTech and Compu-Quote.
The result is systematically verified and edited by a member of our editorial team, who confirms the facts and brings the text in line with our standards. We assume full editorial responsibility for it, as we do for all our content. This combination of custom technology and professional journalistic oversight allows us to cover more developments across the industry without compromising the quality or relevance of our work.
Our approach adheres to the journalistic code of ethics of the Quebec Press Council and to the Paris Charter on AI and Journalism. To learn more about our principles and commitments in this area, see our artificial intelligence usage policy
