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

AppliedSystems announced today that it will buy Indio Technologies,Inc.

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

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Elana Ashanti Jefferson

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