Applied Systems secures new partnership

The deal will deliver premium financing tools for Canadian brokerages

Applied Systems secures new partnership

Technology

By Ryan Smith

Applied Systems has announced that SNAP Premium Finance, an insurance payment solutions company, has joined the Applied Partner Program.

SNAP’s integration with Applied Epic will enable Canadian brokerages to provide customers with flexible insurance payment options with integrated workflows within their management system. The integration will allow brokers to offer their clients SNAP’s Smart offer letter with options to pay monthly from their bank account or credit card, Applied said.

“We are thrilled with the opportunity to partner with Applied and to leverage their industry-leading platform,” said Paul Zarookian, executive vice president of SNAP Premium Finance. “Brokers across Canada will now be able to take advantage of significant operational efficiencies, jointly delivered through SNAP and Applied. SNAP has been a pioneer in the delivery of insurance payment plans, and our partnership with Applied brings unprecedented integration to that experience.”

The Applied Partner Program focuses on increasing the availability of best-in-class software and enhancing connectivity and automation in the independent insurance distribution channel. The program is open to leading technology providers across the industry.

“SNAP’s integration with Applied Epic demonstrates Applied’s ongoing commitment to delivering choice for brokers in how they build their tech stacks,” said Steve Whitelaw, vice president and general manager for Canada with Applied Systems. “We are excited to have SNAP Premium Finance as an Integration Partner, as its innovation supports more efficient operations and simple customer payment experiences.”

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