Reid Holzworth CEO of IVANS: We Are Building The Super Highway

by | November 16, 2020

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In this episode of Agents Influence podcast, host Jason Cass interviews Reid Holzworth, Chief Executive Officer at IVANS Insurance Solutions. Reid talks about the opportunities in insurance technology, data, and how IVANS was built to digitally connect the insurance industry and streamline the flow of insurance across North America.

Episode Highlights:

  • Jason introduces Reid Holzworth. (1:27)
  • Reid mentions that TechCanary became the number one insurance solution worldwide on the Salesforce platform. (7:33)
  • Reid shares that although TechCanary was originally built as an Agency Management System, it transformed the platform. (7:40)
  • Reid mentions that TechCanary was acquired by Applied Systems in April 2019. (7:54)
  • Reid shares that the tasks that they can do with IVANS and all of the connections that they have today can streamline the overall flow of insurance across North America. (13:30)
  • Reid shares that most people don’t realize that IVANS stands for: Insurance Value Added Network Services, and IVANS has been in the industry for 35 years. (13:52)
  • Reid explains that people don’t always realize the depth of what IVANS does. They’re currently connected to 400 carriers across and they’re integrating with every single policy administration system. (9:18)
  • Reid mentions that they recently launched their submissions platform to help streamline the whole flow of submissions. (20:49)
  • Reid shares that IVANS has the largest insurance data set in the industry and nobody has the data that they have. (28:34)
  • Reid shares that commercial lines rating has been popular for quite some time and some companies have built it over many years but it is now becoming something that everyone is starting to see. (41:56)

Key Quotes:

  • “When you look at opportunities in insurance and insurance technology and making a change in a positive way for our industry. All roads lead back to IVANS, they do that in a lot of ways.” – Reid Holzworth
  • “It’s time now in our industry to utilize those connections to help everyone in the ecosystem and to streamline…So for me, it’s exciting because I get to affect change in a positive way, you know, and help the industry and the industry got me to where I am today.” – Reid Holzworth
  • “Yes, the future is giving agencies power with that data that may be hard to get out of the agency management system.”  – Reid Holzworth

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