Applied Systems is a company offering software products for insurance automation and brokerage management that is headquartered in University Park, Illinois and was founded in 1980 by Robert Eustace.
On September 11, 2017 Applied Systems completed a private equity funding round with an undisclosed amount of funding from Stone Point Capital.
Hellman & Friedman
On November 26, 2013 Hellman & Friedman acquired Applied Systems for $1.8 billion.
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- InsuranceEquitable transfer of the risk of a loss, from one entity to another in exchange for payment
- Insurance technologyAn industry around technology applied to insurance sometimes also referred to as Insurtech or Insuretech (with an 'e')
- SoftwareComputer software, or simply software, is a collection of data or computer instructions that tell the computer how to work. This is in contrast to physical hardware, from which the system is built and actually performs the work. In computer science and software engineering, computer software is all information processed by computer systems, prog...