A Broker Management System Supporting Easier FCA Compliance
Earlier this year, Applied announced an expanded partnership with Bravo Networks to support client money management for their Applied Epic® brokers. The partnership has enabled Bravo Networks and Applied to deliver new reporting functions and FCA compliance assurances for members, ensuring FCA compliance responsibilities and enabling additional cost savings and scalability.
Keeping Pace with Insurance Technology
“Technology is moving quickly, so brokers can’t have a closed system. It has to be an open system, and it has to be agile because the industry is agile,” explained Scott Bennett, Managing Director of Bravo Networks. “Our partnership with Applied benefits our customers. We have 600 independent regional brokers in the network, all requiring a compliant IT system. So, having a management system like Applied Epic that allows them to work efficiently and intuitively and is easy to navigate is vitally important.”
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