Applied Systems News
Insurers, Agents Both Want More Connectivity and Digital Collaboration
Both agents and insurers express strong support for agent-insurer connectivity and digital collaboration in distribution and servicing. Nearly 90 percent of insurers believe it would be useful to ...
Insurance Tech Firm Applied Systems to Grab Indio Technologies for Undisclosed Price
Leading insurance technology firm Applied Systems has agreed to acquire digital insurance technology startup Indio Technologies. The move will enable Applied Systems to offer Indio's digitized ...
Applied Systems CEO French Steps Down; Rhodes to Replace Him
Reid French has stepped down as CEO of the insurance agency technology firm Applied Systems, and cloud technology executive Taylor Rhodes has joined as Applied's new chief executive officer. French, ...
Applied Systems, Others Pursue Risky Practice of Acquiring Incremental Debt
First the companies tapped the loan market. Not long after that, they came back for more. Corporations like Bausch Health Cos., a drugmaker, telecom provider Sprint Corp. and Applied Systems Inc., an ...
After Applied, Google ‘Definitely’ Looking for Other InsurTech Investments
Google is eager to invest in other insurance technology companies well beyond its newly announced minority stake in Applied Systems, a principal investor with the global search engine giant said on ...
Google Invests in Applied Systems, a Maker of Cloud-Based Software for Independent Agencies
Google's investment arm has purchased a minority stake in Applied Systems, an Illinois-based global provider of insurance technology and cloud-based software for independent agencies. Google has ...
Hellman & Friedman to Buy Applied Systems for $1.8B
Private equity firm Hellman & Friedman LLC (H&F) has struck a deal to buy insurance software provider Applied Systems from Bain Capital LLC for $1.8 billion, H&F said on Tuesday. JMI ...