Future-Ready Insurance Software
Optimizing Operations through Insurance Management Software to Conform with the Digital Age
Insurance Agency Management System to Amplify Efficiency
Insurance is one of the immensely complex businesses that require companies to orchestrate existing customer policies, renew them, and timely process claims while addressing customer queries and providing them with quick resolutions. As there are a plethora of steps involved in fulfilling these insured needs, it becomes essential for insurance organizations to manage their day-to-day operations. An insurance agency software stands at the core of assisting carriers, agencies, brokers, and agents in managing operational tasks while saving big time on cost.
Damco’s InsureEdge Insurance Agency Management Software is an integrated and scalable insurance technology platform designed to help Insurers achieve maximum benefits through its comprehensive modules. This easy-to-configure Insurance agent software has the industry’s most efficient insurance processing functions for multiple lines of business.
InsureEdge Insurance Software Modules
InsureEdge – being one of the best Insurance Management systems competently manages the organizational processes. For more than 25-years, Damco’s software developers have been working with global insurance companies as technology partners making ours one of the highly proficient and leading insurance software companies. Damco’s insurance agency management system includes simplified, ready-to-use modules which reduce complexities and accelerate speed to market.
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Claims Management Software
Manage your Claims through the claims processing system. The insurance management system’s claims management module allows you to register the first report of loss and document all the necessary information for its informative processing.
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Policy Management Software
This full policy management suite included in the insurance agency management system enables the customer to create quotes, enforce policies, do endorsements, renewals or cancellations.
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CRM Software
Track your communication in one place; this becomes a contact repository for all your clients, brokers, agents or vendors. This module of the insurance technology software manages your contacts and allows you to engage in up-selling or cross-selling.
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Mobile solutions
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.
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Agency Portal
Set up your Agencies or manage your agents from here. The insurance agent software is easily configurable at the agent level for better control. It allows for real-time data exchange between brokers/agents and users.
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Proof of Insurance
Transform the proof of insurance workflow by digitizing it at the highest level, while streamlining and making the whole process trustworthy and transparent. It has the capability to write insurance contracts on the Blockchain register.
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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.
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Reinsurance
Insurers can configure their reinsurance treaties and facultative arrangements and automatically integrate reinsurance processing within the policy administration.
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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.
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Document Management
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 the insurance agency management system.
InsureEdge Lines of Business
Damco, as a forerunner among the Insurance Software Companies, understands its customers’ needs and has developed InsureEdge to be a one-stop solution for multiple lines of businesses – Life, Health, and General Insurance Providers, thereby making it the best insurance software for agents, brokers, carriers, and employees alike. It is designed to be one of the best end-to-end insurance software solutions for multivariate uses across all verticals.
Property & Casualty (P&C) Insurers
Damco’s insurance software covers P&C policy details & automated renewal features with managing claims workflow. Now Insurers can automate and digitize business processes through one unified dashboard. Get access to all the facets of P&C insurance – policy, rating, billing, claims, data analytics, and much more.
- Multiline, multi-location rating on a single quote or policy
- Automated, exception-based underwriting by risk type, user type, policy type with flexibility by transaction type
- Supports complex rating algorithms – e.g. multivariate rating and by-peril rating
Health Insurers
InsureEdge pivots the health insurance business with digitalized reliance on efficiency. Insurers can modernize systems and strategize processes with automated insurance agency management software. Further, they can reduce the time and cost of performing mission-critical business functions like claims processing, benefit administration, policy management, etc.
- Boosts the advocacy of new-gen technology with analysis of Health claims reports
- Wizard to automate recurring payments
- Medical provider segmentation scoring tools (hospitals, clinics, medical specialists, etc.)
Life Insurers
InsureEdge, a highly scalable insurance software, accelerates Life insurer’s speed-to-market by modernized policy lifecycle. Insurers can develop and generate new life and annuity plans with the insurance management system. Moreover, they can leverage the insurance agency software to automate operations and efficiently manage work processes by leveraging self–service and easy-to-use features.
- Supports automated rule-based underwriting for less complex/low face value applications
- Strategize your Life insurance businesses by leveraging the power of analytics
- Accomplish automated handling of tricky tasks easily with new strides of Artificial Intelligence
Unprecedented Benefits of InsureEdge
Operational Efficiency
Organize your business by automating & integrating various business functions seamlessly
Enhanced CX
Empower your customers to self-service their policies using the feature-rich customer portal
Quick Implementation
A quick & simplified 4-stage implementation process sets your system for go-live
Multiple Lines of Businesses
Manage different needs for Life, Health & General Products through a common platform
Informed Decisions
Extensive reporting on mobile-friendly Dashboards help you stay informed
Regulation & Compliance
Ensure compliance through ready reports, multi-level escalations, and reminders
Blogs & Insights
Incorporate Innovative and Integrated Platform in your Business Model Today
Connect With Us
Our Clients
Our Differentiators
Dedicated Practice to deliver services and solutions for Insurance businesses.
1100+ person-years of experience in delivering Insurance technology services.
100+ Insurance projects delivered globally, 60+ Insurance Customers.
30+ installations of InsureEdge – a complete technology platform.
Strong experience in multiple lines of business covering Life, Health & General Insurance.
Strong technology expertise in Microsoft, Open Source, Oracle, Salesforce, IBM, Cloud & Mobility.
Capabilities in cutting-edge technologies – IoT, AI, Machine Learning.
Global Presence with resource availability in USA, UK, Luxembourg, Australia & Caribbean islands.
Migrate to the Next-Generation Insurance Agency Management Software Today!
As one of the premier insurance agency software companies, we partner in innovations, conceptualizations, and implementations of ideas to facilitate strategic alliances for business growth.
2 Research Way, Princeton, NJ 08540, USA
+1 609 632 0350
info@damcogroup.com