Agent and brokers' 165 percent increase in claims download technology use in the past year underscores their desire for such solutions, a technology provider said.
The Stamford, Conn.-based insurance industry-owned interface solutions company IVANS Inc. said carriers are sending 41,000 claims download transactions per month utilizing IVANS' system that also reflects an 80 percent growth rate in the number of carriers implementing claims download.
Clare DeNicola, president and chief executive officer of IVANS, said in terms of raw numbers, the amount of agencies utilizing this technology has grown from 522 last year to 1,384 today among the 20 carriers implementing claims download technology. That carrier number, she noted, represents only 10 percent of underwriters who incorporate IVANS solutions in their agency distribution process, but she expects the number of carriers using claims download technology to grow in the future.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
