Damco Insurance Industry Offerings

Insurance Software to Help Insurers Make the Shift to
Digital Insurance 2.0

Damco’s InsureEdge is an Insurance Agency Management Software- a scalable technology platform designed to help Insurers achieve maximum benefits through its comprehensive modules covering policy administration, claims processing, reinsurance, dashboards and statutory reporting, agency management, and more. InsureEdge has the industry’s most comprehensive and flexible Insurance Software Solutions and processing functions for multiple lines of businesses, including P&C Insurance, Life Insurance, and General Insurance.

For more than 20-years, Damco’s Insurance Software developers have been working with global insurance companies as technology partners helping them competently move to independent Insurance Agency Management Software and scalable Policy Administration system through InsureEdge. After several product implementations in different parts of the world, we are now partners in innovations, conceptualizations, and implementations of ideas to facilitate strategic alliances for business growth with numerous insurance companies globally.

With strings of natural calamities around the world, insurers are facing many rising challenges and demands. To help them handle the soaring claims in such days, InsureEdge- being the best Insurance Management Software- competently manages claims-documentation, feeding data in the system, verification of claims, prioritizing the claim queue, and much more. Damco as a forerunner among the Insurance Software Companies has developed InsureEdge to be a one-stop solution for Life Insurance Software, P&C Insurance Software, and General Insurance Software.

InsureEdge Modules

product administration

Product Administration

Configure your system as per your needs and preferences; set up rates, discounts or loadings. It also allows you to manage users and provide access based on their roles.

policy administration

Policy Administration

This full policy management suite enables the customer to create quotes, enforce policies, do endorsements, renewals or cancellations.

claims processing software

Claims Processing

Manage your Claims through claims processing system. It allows you to register the first report of loss and document all the necessary information for its informative processing.

reinsurance

Reinsurance

Insurers can configure their reinsurance treaties and facultative arrangements and automatically integrate reinsurance processing within the policy administration.

dashboard & reporting

Dashboard & Reporting

Access your data through ready reports, which are more than 200 in numbers, including both standard and statistical reports. These could be exported for further data drilling.

customer portal

Customer Portal

This is a self-service portal for customers, where on either web or mobile customers can view and manage their policies or raise a concern through interactive chats.

agency portal

Agency Portal

Set up your Agencies or manage your agents from here. The agent portal is easily configurable at agent level for better control. It allows for real-time data exchange between broker/agents and users.

CRM

CRM

Track your communication in one place; this becomes a contact repository for all your clients, brokers, agents or vendors. This module manages your contacts and allow you to engage in up-selling or cross-selling.

DDR

DDR

Take away the hassle of managing paper documents and linking them back to the policy/claim. Upload as many documents against a policy/claim and manage them accordingly within this interface.

Accounting

Accounting

With ready connectors to bind any third party accounting software, the system is equipped with operational accounting to give you a clear view of your income and expenditures.

InsureEdge Lines of Business

Life

  • Group Life
  • Creditor Life
  • Group Pensions
  • Loss of Employment
  • Accidental Death & Disability
  • Critical Illness
  • Funeral Grant
  • Term Life/Whole Life
  • Guaranteed Life

Health

  • Individual Health
  • Group Health

General Insurance

  • Property – Commercial/ Homeowners
  • All Risk – Jewellery Insurance
  • Fire and Special Perils
  • Motor Personal/ Commercial
  • Commercial Fleet
  • Road Side Assistance
  • Public Liability Insurance
  • Money Insurance
  • Workmen’s Compensation
  • Computer Insurance
  • Marine Insurance
  • Erection All Risk
  • Fidelity Guarantee
  • Goods in Transit
  • Plate Glass
  • Machinery All Risk
  • Consequential Loss
  • Professional Indemnity
  • Advance PaymentBid/Tender
  • Burglary Insurance
  • Electronic Equipment All Risk
  • Contractor All Risk
  • Customs Bond
  • Retention Bond
  • Supply Bond
  • Performance Bond
  • Travel Insurance
  • Aviation Insurance
  • Mortgages
  • Umbrella Policies

Blogs & Insights

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Top 6 Challenges in Property
& Casualty Insurance

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Supporting Caribbean
Insurers in the Wake of
Hurricane Irma

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Damco Sponsors 38th
Annual Caribbean Insurance
Conference

Our Clients

trinre logo
fdic logo
summit insurance
carribean insurance brokers limited
mmm logo
nci logo
sagicor logo
uaic logo
insurance logo

Our Differentiators

insurance software

Dedicated Practice to deliver services and solutions for Insurance businesses.

insurance agency software

1100+ person years of experience in delivering Insurance technology services.

insurance software solutions

100+ Insurance projects delivered globally, 60+ Insurance Customers.

insurance management software

30+ installations of InsureEdge – a complete technology platform.

insurance agency management software

Strong experience in multiple lines of business covering Life, Health & General Insurance.

independent insurance agency software

Strong Technology Expertise on Microsoft, Open Source, Oracle, Salesforce, IBM, Cloud & Mobility.

insurance software

Capabilities in cutting-edge technologies – IoT, AI, Machine Learning.

insurance software companies

Global Presence with resource availability in USA, UK, Luxembourg, Australia & Caribbean islands.

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