Insurance Broker
Insurance Broker is an end-to-end solution for insurers and insurance brokers. Insurance Broker manages the process of client capture, risk assessment, insurance quotes, insurance products, policy purchases, claims processing and payment, revenue tracking (commissions), payment processing, document management, dispatch, agent management, and much more.
Key Features
Client Management
Prospect and develop potential clients for your business using Insurance Broker. The client management module allows your relationship managers and agents to track prospective clients, including scheduling, communication, and analytics.
Risk Assessment
Work with potential clients to assess their insurance needs and assess their risks. Our risk assessment module enables you to capture details about potential clients. These assessments can be communicated to both clients and other parts of the businesses.
Quotations
Brokerages and insurers can manage quotations for clients. For brokerages, the quotations module allows you to submit request for quotations to multiple insurance companies. Review and make recommendations for your clients.
Policy Purchase
Create and manage insurance policies either independently or using details from the quotations module. Use either standard features of insurance products or customize settings to fit the policy.
Other Modules include
Product Management
Keep track of all types of insurance products that are available to clients. The flexible design of this module allows insurers and brokerages to define new products without modifying the underlying data structure.
Claims Management
Receive, process, adjudicate, and resolve claims from clients. This module manages the claims process from end-to-end, including payment, collection and review and supporting documents.
Revenue Tracker
The revenue tracking module allows brokerages to track commissions from insurers. The revenue tracking module is integrated into the payment and product management modules, allowing for pre-defined commissions for various products.
Integrated Payment Management
Insurance Broker has tightly integrated payments into all processes. Receive payments from clients from different modes, including cheque, bank transfer, mobile money, and even cash.
Integrated Document Management
Insurance Broker eliminates the use of paper from your transactions. The integrated document management system captures and stores all records that are included in the workflow processes.
Dispatcher
If you still need to send out paper transactions, and maintain a fleet of dispatchers, we have you covered. Insurance Broker includes a module that is integrated into the process to allow for the dispatch and receipt of documents from all potential parties to a transaction.
Integrated Workflow
Insurance Broker includes a robust and flexible workflow framework to track processes, including the ability to review and authorize key transactions.