IASA and Ward Group announce The Economical Insurance Group (TEIG) has been named the winner of the 2011 Technology Innovation Award for the development of the Insurance on Demand (IoD) application, which arms TEIG’s brokers with the capability to service and sell insurance.

The award was presented to TEIG on Tuesday, June 7 during the 2011 IASA Annual Conference & Business Show in Nashville, Tennessee, by Ed Kruger, CIO for IASA and Jeffrey Rieder, president of Ward Group.

“The judging committee was impressed by both the speed of development and Economical’s innovative way of enabling its independent brokers to compete in the marketplace,” says Rieder. “The Insurance on Demand portal is a win-win for brokers and Economical. Brokers can service and sell insurance to their customers with minimal investment, and they view Economical as a strategic partner for their growth. The comprehensive broker sales and service solution is rare in North America.”

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