CSIO Congratulates Applied Systems Canada for Becoming Commercial Lines Certified in Key Industry Segments

(Toronto - September 10, 2024) CSIO is pleased to announce that Applied Systems Canada has earned Commercial Lines (CL) Data Standards Certification for the Business & Professional Services, Contractors, Retail and Real Estate industry segments, positioning future quoting innovation within Applied Epic. Applied has also added Real Estate to Applied Policy Works, enabling the delivery of accurate real-time quotes to brokers through an Application Programming Interface (API), with all four segments now available for both platforms.

CSIO certifies insurers and Broker Management System (BMS) vendors for programming CL Data Standards based on industry segments. The Commercial Lines Working Group has published requirements for 12 industry segments, representing 376 Insurance Bureau of Canada (IBC) codes. Additionally, an insurer or BMS vendor can become certified in binding all industry segments.

Brokers using Applied Policy Works can obtain commercial quotes in as little as 10 seconds from insurers who have programmed an API for these four segments. API quoting allows brokers to send and receive quotes directly within their BMS, eliminating the need to re-key data, log into portals, or email and call insurers to request a quote.

“Applied’s commercial solutions are designed to simplify brokers’ day-to-day workflow through standardized data. Our ability to generate real-time quotes for these four industries is a significant achievement,” said Steve Whitelaw, Senior Vice President and General Manager at Applied Systems Canada. “By leveraging API technology, we can automate the quoting process for brokers to save time and enhance their customer service.”

“I commend Applied Systems Canada for achieving these Certifications,” said Catherine Smola, President & CEO of CSIO. “This accomplishment underscores Applied's ongoing commitment to driving innovation in the property & casualty industry by using leading-edge technology to improve broker productivity. Widespread adoption of CL Data Standards is critical to support commercial lines business.”

To achieve CL Data Standards Certification, insurers and BMS vendors must program the CL Data Standards and demonstrate the ability to quote via API for any of CSIO’s 12 published industry segments. Insurers and BMS vendors can access the CL Business Requirements and Certification Document, which includes the requirements for programming CL Data Standards for each segment and the Certification process. They can also use CSIO’s CL Validator to confirm if their XML file complies with the CL Data Standards during implementation. Brokers are invited to visit csio.com to view the IBC codes included in CL Data Standards.

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About Centre for Study of Insurance Operations (CSIO)

CSIO is Canada’s industry technology association of property and casualty insurers, vendors and over 43,000 brokers. CSIO is committed to driving innovative solutions that enable the best insurance experience in Canada by overseeing the development, implementation, and maintenance of technology Standards and solutions, such as CSIOnet, eDocs, and My Proof of Insurance. The CSIO XML Standard is licensed to CSIO by ACORD (Association for Cooperative Operations Research and Development). For more information, visit csio.com.

For further information, please contact:

Karen Hatch | Director, Communications
110 Yonge Street, Suite 500 | Toronto, ON M5C 1T4
(416) 360-1773 x 2300 | 1 (800) 463-2746 x 2300 
khatch@csio.com | www.csio.com

About Applied Systems

Applied Systems is the leading global provider of cloud-based software that powers the business of insurance. Recognized as a pioneer in insurance automation and the innovation leader, Applied is the world’s largest provider of brokerage management systems, serving customers throughout the United States, Canada, the Republic of Ireland, and the United Kingdom. By automating the insurance lifecycle, Applied’s people and products enable millions of people around the world to safeguard and protect what matters most.

Media Contact:

Lauren Malcolm 
Director of Communications
Applied Systems
lmalcolm@appliedsystems.com
678.438.5093