EZLynx Strengths, Domain Expertise, and Key Differentiators
EZLynx develops cloud-based software for the insurance industry. It has expanded to include solutions that reach every aspect of agency life, including consumer-facing quoting & self-service, customer life-cycle management, automated email marketing, and website solutions.
EZLynx Recent Developments
In September 2020, EZLync partnered with Neoteric Agent. EZLynx’s partnership with Neoteric Agent allows agents to send state-of-the-art, interactive proposals to prospective clients from inside EZLynx 5 software, using data from the Rating Engine. Neoteric Agent allows agents to create proposals that their customers will love while also saving them time and converting more sales. These highly engaging and visually stunning proposals are cloud-based, allowing them to be viewed on any device.
At the same period in September 2020, EZLynx partnered with Flood Risk Solutions Inc. to provide flood insurance quotes to independent insurance agencies inside the United States’ #1 Comparative Rater. Agents can now easily quote flood insurance to their clients instantly without double-entry or leaving EZLynx software. Flood Risk Solutions places primary and excess flood insurance programs on behalf of select insurance partners across the U.S., providing more flood options than any other technology platform. The addition of this service to EZLynx’s portfolio of Connect Partners gives independent agents more opportunities to cross-sell to their clients directly from the Comparative Rater, allowing them to earn more commissions.
In June 2020, EZLynx partnered with Clearent to offer secure online payment processing for independent insurance agencies. Insureds can remit payments via credit card or eCheck easily and securely within EZLynx Client Center. This new integration provides a simple way for agents to collect electronic payments from their clients. With current restrictions on travel and face-to-face meetings, providing a remote, contactless form of payment is particularly important. This added functionality to EZLynx Client Center eliminates the need for clients to visit the agent’s office or provide their credit card information over the phone. Electronic payment is also a safer, more efficient alternative to paper checks.
EZLynx Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying EZLynx applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of EZLynx and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified EZLynx Rating Engine, EZLynx Management System, EZLynx Consumer Quoting, EZLynx Client Center, customers.
EZLynx Overview
Ownership: - x
Number of Employees: 270
Functional Markets: Collaboration, Content Management, Customer Relationship Management, ERP Financial Management, ERP Services and Operations Management,
Key Verticals: Life Insurance, P&C Insurance, Specialty Insurance,
EZLynx Key Enterprise and Cloud Applications
EZLynx Rating Engine, EZLynx Management System, EZLynx Consumer Quoting, EZLynx Client Center,
EZLynx Revenues, $M:
| Type/Year | 2018 | 2019 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
EZLynx Revenue Breakdown By Type, $M:
| Type | License | Services | Hardware | Support & Maintenance | SaaS |
|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
EZLynx Enterprise Applications Revenues By Functional Markets, $M:
EZLynx Enterprise Applications Revenues By Verticals, $M:
EZLynx Revenues By Region, $M
| Region | % of Total Revenues | 2019 Total Revenues, $M | 2019 Enterprise Applications Revenues, $M | 2019 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
EZLynx Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
EZLynx Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified EZLynx Customers
No. of EZLynx Customers: 20000
No. of EZLynx Enterprise Applications Customers: x
No. of EZLynx Cloud Customers: x
No. of EZLynx Cloud Subscribers: x
More than 20,000 agencies relying on EZLynx to provide more than 4 million home, auto, and package transactions every month in 48 states with 330+ insurance companies. Some of their customers include i.e. Insurance, Suzanne Sansom Insurance Services, Inc., Access Insurance Agency, Phil Klein Insurance Group, Paragon Independent Insurance Agencies, Inc., Compass Insurance, Twin Bridges Insurance Agency, Inc., The Mahoney Group and others.
EZLynx Market Opportunities, M&A and Geo Expansions
In September 2020, EZLynx partnered with Vonage (Nasdaq: VG) to seamlessly integrate unified communications and programmable voice capabilities into its EZLynx Management System. Designed to empower independent insurance agencies with the ability to streamline their business operations, the addition of the Vonage Business Communications (VBC) unified communications solution and the Vonage Voice API to the EZLynx Management System will enhance the way agents connect with each other and with clients for an overall better experience. With Vonage, EZLynx customers will have the ability to collaborate more efficiently, stay connected and create richer customer experiences through live interactive voice and video sessions— from anywhere, on a single platform.
In July 2020,EZLynx partnered with Netstar,Inc. Through this partnership, independent insurance agents can easily access a free consultative service designed to procure the best voice, internet, cloud and security services for their businesses. Netstar, Inc. is a leading telecom and cloud solutions expert with more than 20 years of experience helping organizations find the best IT strategies to allow their businesses to effectively communicate with their clients. As a trusted advisor, Netstar gives thousands of customers peace of mind by cutting through the confusion of the communications industry and ensuring that they receive the best value for a complete and unified communications solution.
EZLynx Risks and Challenges
Expanding EZlynx's reach outside of the U.S. market will be key for their future growth.
EZLynx Ecosystem, Partners, Resellers and SI
Ezlynx has EZLynx Connect which is the easiest way for companies to offer their products and solutions to EZLynx customers. It provides third-party businesses an avenue to distribute their products and services directly within the EZLynx platform.
EZLynx has vendor partnerships with EverQuote, assureSign, AskKodiak, Intuit Quickbooks, LexisNexis, XILO, Netstar, Vonage and others.
EZLynx Cloud Infrastructure Insights
Subscribe to read more about:
- EZLynx Public Cloud and Infrastructure (IaaS)
- EZLynx Platform (PaaS)
- EZLynx Application Delivery
- EZLynx Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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