CEO
APPLIED SYSTEMS
Insurtech is growing at an accelerated pace, and Reid French is banking on the continued success of startups to prod independent agencies into investing more in technology.
According to a recent report published by Applied Systems, agencies using client self-service portals and other time-saving storage and search tools end up with higher revenue and improved efficiency.
In the past year, Applied has been busy introducing new products and reaching new markets. Recently, the company acquired an Ireland-based insurance software provider and an e-trading platform to expand its international operations. French continues to promote gradual automation of the insurance life cycle so brokers and insurers can extend more products and better services. He joined Applied in 2011 after serving as chief operating officer at Intergraph Corporation, a global company that pioneered geospatial and computer-aided design software.
