Applied Systems Canada has become the first broker management system (BMS) vendor to achieve the Centre for Study of Insurance Operations’ (CSIO) API Security Standards Certification, a landmark accomplishment that also elevated the company to a Platinum Standards Certification Rating—the highest recognition available.
According to a statement released Tuesday, Applied Systems Canada earned the certification by demonstrating that customer data transmitted between its Applied TAM or Applied Epic management systems and insurers is secured using industry-leading protocols.
The API Security Standards are designed by CSIO’s INNOTECH Advisory Committee and the API Security Standards Working Group, which annually update the framework to reflect evolving best practices. These standards provide guidelines on authentication and authorization, ensuring that digital interactions between brokers and insurers remain protected.
In addition to the API certification, Applied has received multiple other CSIO certifications, including those for Commercial Lines Data Standards and eDocs. The company also uses the most current versions of CSIO’s EDI and XML Standards. These combined efforts positioned Applied as the sole BMS vendor to receive the Platinum Standards Certification Rating.
“Over the past couple of years, Applied has invested significantly in our global security practice and is proud to see this progress recognized,” said Tanner Randolph, chief information security officer at Applied Systems. “Protecting our customers and their customers’ data is one of our highest priorities.”
Steve Whitelaw, senior vice-president and general manager for Applied Systems Canada, added that the company is “honoured to receive the first ever Platinum CSIO Standards certification rating for a BMS vendor.”
Kathryn Sinclair, CSIO’s interim president, commended Applied for its comprehensive approach to standards adoption. “Their holistic approach to Standards adoption ensures brokers benefit from heightened security, real-time quoting, and efficient work processes,” she said.
The CSIO represents the technology interests of Canada’s property and casualty insurance sector, comprising insurers, vendors and more than 43,000 brokers.
For a full list of certified organizations and their ratings, visit the CSIO’s website.
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