Agency Management System Firms Get Cozy, But Merger Seen As Unlikely
Agency management software rivals Applied Systems and AMS Services Inc. have entered a new era of cooperation–with AMS even using Applieds platform for agent/carrier transactions–but the prospect of a merger between these two key players is unlikely, according to the two tech firms.
Late last year, Windsor, Conn.-based AMS sent shock waves through the software industry with its announcement that it would license Transformation Station–an Applied Systems data exchange technology for real-time transactions–from IVANS, despite the fact that it would benefit AMSs chief competitor in the agency management systems market.
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