Alexandria, VA – Oct. 17, 2018 – InVEST, the insurance industry's premier classroom-to-career education program, is pleased to announce that Applied Systems has donated $35,000 to the program. Reid French, CEO of Applied, announced the donation during a keynote presentation at this week's Applied Net 2018, the flagship conference for Applied software users and the largest gathering of independent insurance professionals in the world.
The InVEST contribution coincides with Applied Systems' 35th anniversary this year and reflects the company's continued commitment to investing in the future of the industry.
“Through Applied's generous gift to the InVEST program, young insurance professionals will be better equipped with financial literacy, insurance education and scholarships," said Robert Rusbuldt, president & CEO of the Independent Insurance Agents & Brokers of America. “Companies, educators, volunteers, agents and industry leaders, like Applied Systems, are key to the success of the InVEST program. We applaud and thank them for their commitment to this critical program."
A longtime InVEST advocate, Applied Systems also donates software used in insurance education courses and has supported InVEST with awareness-building media campaigns.
“The insurance industry is changing as the next-generation of professionals enter the workforce," said French. “InVEST is actively shaping the future of our industry with academic programs, online education and scholarships for high school and college students, and we are proud to continue our support and partnership with this outstanding organization."
Founded in 1970 and based in Alexandria, Virginia, InVEST promotes insurance education to attract individuals to pursue a career in the insurance industry. Each year, the program prepares thousands of students for insurance-related careers with a hands-on curriculum taught in high schools, adult education centers and colleges. As a 501(c)(3) educational trust, InVEST benefits from the support of numerous insurance organizations, hundreds of agencies, brokers and volunteers.
Applied Systems is a global provider of cloud-based software that powers the business of insurance. A pioneer in insurance automation and the innovation leader, Applied is the world's largest provider of agency and brokerage management systems, serving customers throughout the U.S., Canada, Ireland, and the U.K. By automating the insurance life cycle, Applied enables millions of people to safeguard and protect what matters most.
The Independent Insurance Agents and Brokers of America (IIABA or the Big “I") was founded in 1896 and is the nation's oldest and largest national association of independent insurance agents and brokers, representing a network of approximately a quarter of a million agents, brokers and their employees nationally. Its members are businesses that offer customers a choice of policies from a variety of insurance companies. Independent agents and brokers offer all lines of insurance — property, casualty, life and health — as well as employee benefit plans and retirement products.