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Welcome to our Insurance Software Review Page: In our research section, we try to keep our readers informed about a variety of technology related products and services. Keep reading to find out everything you need to know about Insurance Rating and Underwriting Software - features, reviews, prices. See the categories below to get started learning about Software for the Insurance industry: |
| Categories: - Insurance Rating Software - Policy Processing - Insurance Underwriting - Insurance Estimating Software |
Insurance Rating SoftwareA successful insurance agency should focus on customer service and writing quotes and policies. Paperwork and organization of data should not be holding you back. Managing claims is one of the major issues affecting profitability of insurance companies - using technology to increase efficiency is key. That's where the use of insurance software comes into play. Packages like GBS Agency Expert handles everything from: tracking individual and groups, clients and prospects, generating policy renewal reports, electronic document filing, handling commission reserves and splits, etc. Duck Creek's EXAMPLE Author products let you easily design, develop, and deploy rating, underwriting and policy processing services. Some of these products are stand alone, running on your own system or servers. Some are internet-based and run on the providers system, freeing you from some technical issues but also making you dependent upon them (what happens if they go out of business?).
Qualcorp Formsplus: A leading policy rating and issuance system, Formsplus is used by most of the large insurance companies: AIG, Cigna, Lloyds of London, Travelers Group, etc. This SQL based platform automates submission of data to the underwriter for insurance risk rating, and then the policy issuance system generates the quote and sends it back to the agent. Quote can be converted to a policy with no additional data entry. Handles all personal and commercial insurance lines. Simsol Software: Simsol for Adjusters is the property estimating and data management solution for the insurance industry. Handles location factors and mark-up by Zip code, has easy sketching features, and allows you to include and print multiple property pictures per page. Create claims, building estimates, contents/personal property estimates, etc. Software solutions for all industries:If are you in the L&H business, look into Your Insurance Office. Designed by successful agents who sell Life and Health products, it wisely begins with a calendar for organizing appointments. It includes complete commission tracking and reporting, renewal reports, Quick Find function for bringing up detailed records when a client or prospect calls, and even things like birthday card reminders and labels. Another benefit is free telephone support, unlike most companies that charge annual fees for support. Single user versions start around $300. Sample download version is available here.Policy Management and Insurance ProposalsAgency Software is a leading provider of ACORD Forms and Commercial Proposal Software for property and casualty insurance agents (over 16,000). AgencyPro is their flagship product, letting you run a paperless agency (OK, so the "paperless world" has never REALLY arrived, but it is close!). It includes full Direct Bill general ledger accounting, client AR and AP, comprehensive policy management and reporting system, support for all file types for picture imaging. Their EastApps Pro and other products are available for free download here. Check out the links of this page for additional reviews and product information.
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