Damco Insurance Industry Offerings

Policy Administration

Transform Business by Consolidating Multiple
Policy System on a Single Platform

InsureEdge’s Policy Administration is a highly configurable policy management software that contains a client-centric interface for managing the full policy administration lifecycle for all lines of business.

InsureEdge’s policy management system gives a comprehensive view of what Policy Administration means to insurers, and thus leverages the fully-integrated nature of the policy administration system to incorporate claims, risk control, billing and financial information into Policy Administration workflows.

Key Capabilities

Offers administration solution that fully automates and integrates policy management for personal insurance carriers
Offers wide range of business lines (21 in number)
Feature to do a full quote or a quick quote with an option of flexible terms
Automated underwriting to ease decision making process and provide support tools to make informed decision
The policy management software generates complete Policy Documentation including Schedules, Certificates, Cover Notes, Debit Notes, Wordings and Endorsements and attaches it to the individual risk. The documentation can be emailed directly to the broker or client
System allows Mid-term adjustments, Renewals, Cancellations, Rewrite, Reinstatement/li>
Provide full versioning of the policy management system giving the user ability to see how policy looked at any point of time