IVANS Insurance Solutions commenced its first IVANS Connect conference, a new industry conference dedicated to advancing information exchange and connectivity among carriers, agencies and their insureds through technology.
The conference coincides with Applied Net 2014, the largest independent agency and brokerage technology conference in the industry. IVANS Connect features education, open discussion forums and networking opportunities for carriers, agencies and software providers to discover new insights and business strategies.
IVANS is the industry's connectivity and information exchange provider, delivering personal and commercial lines policy, claims, Activity Notes and other policyholder-related information between independent insurance agencies and carriers. Since 2013, transactions over the IVANS network have grown more than 15%, and to date, more than 26,000 agencies conduct more than 45,000 transactions collectively, per day, across the IVANS network.
Bringing together representatives from across the insurance value chain, IVANS Connect seeks to address business challenges, technology strategies and opportunities to identify new carrier connections that enable carriers and agencies to drive additional business opportunities and efficiency. Conference attendees include 70% of the top 20 carriers serving independent agencies, and attending carriers represented 84% of agents that have received IVANS downloads in 2014.
Attending software providers represented 99% of all carriers using IVANS Download, and approximately 90% of total IVANS transaction.
“Download transactions continue to steadily increase year-over-year, yet there remains a long runway for industry-wide growth to increase the number or transactions and level of information exchanged between independent agencies and carriers,” said Doug Johnston, vice president, IVANS Insurance Solutions. “IVANS Connect furthers our commitment to enabling industry stakeholders to achieve this initiative by delivering access to strategic business and marketing content, and technology and product education that carriers, agencies, and software providers need to identify additional connections and information exchange opportunities.”
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