Insurance software company Applied Systems announces it will release Epic 7, the upcoming version of Applied’s agency and brokerage management system, in the first quarter of 2013.
The release of Epic 7 marks the first time the Epic system will enter the Canadian market. Applied reports that in less than three years in theU.S.market, the product has been selected by more than 500 agencies and over 17,000 users.
Epic’s Microsoft .NET architecture makes the single-system platform scalable enough to meet a variety of needs from mid-sized agencies and brokerages up to the largest enterprise-level organizations.
The application’s interface, based on best-practice workflows, is designed to allow users to streamline business operations.
“Epic is at the heart of our growth strategy,” says James Marek, president of the Stratton Agency in San Carlos, Calif. “A product like Epic can truly change the way your agency operates and make you a much more profitable establishment.”
Applied Systems plans for Epic 7 to enter controlled release for early adopters in the first quarter of next year, with general release in the second quarter. The company said Epic 7 will provide enhanced accounting, additional workflow functionality, new reporting capabilities, and ACORD form updates.
In addition, Epic 7 will provide enhanced capabilities for the Canadian market, particularly forOntarioandAlberta. The system will provide support for international addressing, Canada-unique accounting capabilities and language features that provide for document distribution in an insured’s native language.
The release will supportCanada’s Centre for Studies in Insurance Operations (CSIO) interface and electronic documents, and it will seamlessly integrate withCompu-Quote,Canada’s leader in comparative insurance rating solutions. In late May, Applied Systems acquired Compu-Quote.
“Providing agencies with the most technologically advanced platform for automating the business of insurance, Epic has quickly become the insurance industry’s fastest-growing agency and brokerage management system,” says Applied Systems CEO Reid French. “Epic’s tremendous success in theU.S.market has driven significant demand from the Canadian market, and we are pleased to introduce Epic inCanadawith the release of Epic 7.”