"Indio was founded on the belief that technology can make insurance processes faster and simpler," says Michael Furlong, the company's chief executive officer and co-founder. (Photo: Shutterstock)

Applied Systems announced today that it will buy Indio Technologies, Inc.

The insurance technology and software firm said the acquisition is a key component of its investment in digitizing end-to-end commercial lines services for agencies, brokers, insurers and insureds.

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Elana Ashanti Jefferson

Elana Ashanti Jefferson is ALM PropertyCasualty360's Editor in Chief. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].