agency technology News

COVID-19 Cast as a Catalyst for Change. Now What?

Look around the corner, what do you see? Answering that question is the most important part of my job as an author, speaker, advisor and VC investor. It’s a role that requires a hint of arrogance, since peering around the …

As Attacks Rise, Paladin Offers Cybersecurity Platform Free to Insurance Agencies

Paladin Cyber is offering independent agents and brokers throughout the U.S. free one-year enrollment in its Paladin Shield cybersecurity platform. The offer is in response to more employees working at home and a sharp rise in cyber attacks related to …

Captive Insurance Agents Turning Independent: How to Choose New Software

There’s a storm brewing for many captive insurance agencies and their agents, and that storm may be lengthy. As an example, Nationwide is one of a number of captive insurance companies actively converting their captive agents to the independent model. …

Insurance Technologies Corp. Acquires Ohio’s Smart Harbor

Insurance Technologies Corporation (ITC), a provider of websites, marketing, comparative rating and management software and services, has acquired Columbus, Ohio-based Smart Harbor, which provides digital technology products and services to insurance agents. Smart Harbor is owned by The Shipyard, a …

What to Expect in Agency Technology

To say the agency technology space is robust is an understatement. Right now, the industry is seeing an “onslaught of technology available to enable agents and brokers to better manage, not only their business, but also their customer base,” says …

Applied Systems Names Rhodes New CEO as French Steps Down

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, who served as CEO for eight years, will continue to …

Insurance Agency Management System Tech Firm Veruna Raises $6 Million

Veruna, a Massachusetts-based insurance technology developer of an agency management system built on the Salesforce platform, said it completed a $6 million Series A funding round. Founded in 2015, Veruna offers a cloud-based agency management system that targets independent agents. …

Tech-Focused Private Equity Firm Invests in Agency Tech Provider ITC

Texas-based ITC, a provider of websites, agency marketing, comparative rating and management software and services, announced today that it has received a majority equity investment from Accel-KKR, a technology-focused private equity firm. The new partnership will provide resources and capital …

Software Provider Vertafore Acquires Canada’s Keal Technology

Vertafore, the Bothell, Wash.-based insurance software provider, announced the acquisition of Keal Technology, a leading provider of broker and commercial management systems in Canada. The move extends Vertafore’s customer base into Canada, further enhancing its international footprint, the company said …

File-Share Firm Citrix Joins Independent Agents’ Technology Council

Citrix is the newest company partner of the Independent Insurance Agents & Brokers of America’s Agents Council for Technology (ACT). Raleigh, North Carolina-based Citrix offers ShareFile, a file storage, sync and sharing service for businesses. The company says it has …