agency technology investment News

Why Agencies Shouldn’t Be Afraid of Insurtech and Need to Adopt It – Now

There’s been a barrage of insurtech products hitting the market for several years now, creating confusion for some agency owners trying to decipher what is relevant to them, how to implement these products and whether to wait for new agency …

Google Invests in Insurance Agency Software Firm Applied Systems

Giant Google’s investment arm has purchased a minority stake in Applied Systems, a provider of insurance technology and cloud-based software for independent agencies. The investment in Applied Systems is being made through CapitalG, the growth equity investment fund of Google’s …

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 …

How Independent Agents Are Feeling About Growth, Technology and Disruption

Property/casualty independent insurance agents are more optimistic this year than they were in 2015. Nearly half (49 percent) of agencies responding to an industry survey say they are “very optimistic” about the future success of their agency compared to just …