Future-Ready Insurance Management Software
Optimize Business Operations to Succeed in the New Digital Age of Insurance
Insurance Management System to Mitigate Inefficiencies & Boost Productivity
Insurance organizations are hard-pressed to orchestrate and renew existing customer policies, timely process claims, and efficiently address customer queries. The multiple steps involved in fulfilling these insured needs make it essential for them to manage their operations seamlessly using insurance solutions. An insurance management software is a central touchpoint for carriers, brokers, and agents that helps them manage operational tasks while saving time and cost.
Damco’s InsureEdge is an integrated and scalable insurance technology software designed to help insurers achieve maximum benefits through its comprehensive modules. This easy-to-configure Insurance software for agents, brokers, and carriers has the industry’s most efficient insurance processing functions for General, Life, and Health product lines.
InsureEdge Modules
InsureEdge, a state-of-the-art insurance management system, optimizes organizational processes with its simplified and ready-to-use modules. Leveraging our 25+ years of experience as one of the best insurance software companies, we designed our solution to reduce process complexities and accelerate time to market.
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Claims Administration
Seamlessly manage your claims by registering the first report of loss and documenting the required information for processing it.
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Policy Administration
Create quotes, enforce policies, make endorsements, renewals, and cancellations with our policy management suite.
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CRM
Manage your contacts and communications with clients, brokers, agents, and vendors in a single place.
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Mobile App
Allow your customers to view and manage their policies or raise concern through interactive chats through this self-service mobile app.
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Agency Portal
Set up your agencies or manage existing agents easily. The software facilitates 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
Customize system configuration, manage users, and control access. Set up rates, discounts, or loadings.
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Reinsurance
Configure reinsurance treaties and facultative arrangements, integrate reinsurance processing within policy administration.
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Dashboard & Reporting
Access your data with 80+ standard and statistical ready reports. Export reports for additional scrutiny.
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Document Management
Upload multiple documents against a policy/claim and manage them easily with our insurance management system.
InsureEdge Lines of Business
Damco, a leading insurance software company, has developed InsureEdge as a one-stop solution that addresses the multivariate needs across multiple lines of business – Life, Health, and General Insurance.
Property & Casualty (P&C) Insurance
Damco’s insurance software covers P&C policy details, automated renewal features, and claims workflow management. Insurers can automate and digitize business processes through one unified dashboard. They also get access to all facets of P&C insurance such as policy, rating, billing, claims, data analytics, and more.
- Automated, exception-based underwriting by risk, user, and policy type with flexibility by transaction type
- Automate and integrate customer service, underwriting, claims, policy management, and back-end processes via end-to-end integrations
- Access interactive dashboard that showcases critical data in real-time with ready regulatory and statutory reports to give you greater control over your business
Health Insurance
InsureEdge brings efficiency and digitization to the health insurance space by modernizing systems and strategizing processes. The automated software helps reduce the time and cost of performing mission-critical business functions like claims processing, benefit administration, and more.
- Leverage digital tools to compare products in real time, assess benefits, and streamline customer feedback
- In-built wizard automates recurring payments
- Includes medical provider integration tools
Life Insurance
InsureEdge accelerates life insurers’ speed to market by modernizing policy lifecycle. Insurers can develop and generate new life and annuity plans, automate operations, and efficiently manage work processes by leveraging self-service and easy-to-use features.
- Automated rule-based underwriting for less complex/low face value applications
- Leverage the power of analytics to strategize your life insurance business
- Automate tricky tasks using Artificial Intelligence
Why InsureEdge for Your Insurance Business?
Operational Efficiency
Automate and seamlessly integrate multiple business functions and processes
Enhanced CX
Empower customers to self-service their policies using a feature-rich customer portal
Quick Implementation
Go live quickly with our simple 4-stage implementation process
Multiple Lines of Business
Manage life, health, and general insurance through a common portal
Informed Decisions
Stay informed with extensive reports accessible via mobile-friendly dashboards
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 Software Solution Today!
As one of the premier insurance software companies, we partner in innovation, conceptualization, and implementation of ideas to facilitate strategic alliances for business growth.
2 Research Way, Princeton, NJ 08540, USA
+1 609 632 0350
info@damcogroup.com