PriyaPatel
TLDR:
- Ivans, a leading software provider for the insurance industry, has expanded commercial policy support on its Distribution Platform
- The expansion includes additional commercial lines such as Cyber, D&O, E&O, Umbrella, and more
Summary:
Ivans, a prominent software solutions provider for the insurance industry, has introduced comprehensive commercial policy support on its Ivans Distribution Platform. This expansion aims to meet the increasing demand for a more integrated and efficient system for managing commercial policies. The platform now supports a wide range of commercial lines, including Cyber, D&O, E&O, Umbrella, Inland Marine, and more, in addition to existing ones like Business Owner’s Policy and General Liability. The enhanced platform offers agents streamlined digital submission workflows, leading to increased win rates and operational efficiencies. By providing a cohesive and efficient system, Ivans aims to automate more commercial lines workflows and offer digital submission options for all lines of business. This initiative is part of Ivans’ commitment to improving the insurance policy lifecycle and providing a seamless connection between insurers, agents, and markets.
Furthermore, Ivans’ CEO, Reid Holzworth, emphasized the benefits of the expanded platform, highlighting the convenience for carriers and agents to manage commercial rating connections and quoting in one place. With 12 lines now available, Ivans aims to broaden the product panel for carriers and agents, enabling them to automate various commercial lines workflows. Overall, this expansion signifies Ivans’ dedication to enhancing the insurance distribution process and providing a robust tool for managing commercial policies effectively.
