Applied Systems said Epic 6 provides agents and brokers with further capabilities to increase revenue, enhance productivity and profitability, and improve service levels for greater customer retention.
The new software also delivers new accounting efficiencies, enabling agencies to manage producer/broker commission payables and revenue sharing among agencies.
In addition, Epic 6 allows agencies to allocate expenses across multiple agencies and to generate comparative financial reports.
Among its new capabilities, Epic 6 provides for more streamlined agent-carrier communications, particularly for commercial middle-market business.
The insurer claimed that more than 16,000 individual users in more than 400 agencies and brokerages rely on Epic software to manage day-to-day operations efficiently and effectively.
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By GlobalDataApplied Systems CEO Reid French said that with the newest Epic release, customers have even greater capabilities for continued growth, revenue production and productivity.