“When we began our annual digital agency and brokerage technology adoption survey, we couldn’t have predicted the scale of operational impacts the pandemic would create for all our businesses,” Taylor Rhodes, CEO at Applied Systems, said in a statement. (Credit: ra2 studio/Shutterstock) “When we began our annual digital agency and brokerage technology adoption survey, we couldn’t have predicted the scale of operational impacts the pandemic would create for all our businesses,” Taylor Rhodes, CEO at Applied Systems, said in a statement. (Credit: ra2 studio/Shutterstock)

Applied Systems’ annual Applied Digital Agency and Brokerage Survey, assessing the degree of technology adoption for independent agencies and brokerages, found that 44% is the average digital technology adoption score — nearly the same as in 2019. The survey reveals that there remains a significant opportunity for agencies to take advantage of the benefits that digital technology affords to service and support connected consumers.

The survey questions examined five core competencies of a digital agency and brokerage, including management system capabilities, mobility, insurer connectivity, analytics and cloud software. Agencies scoring 80% or higher across all core competencies were considered to be digital agencies or brokerages, having adopted most of the key drivers of digital transformation.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?


NOT FOR REPRINT

© 2024 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.

Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].

More from this author

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.