Insurance Brokerage demands multitasking. Brokers and MGAs need to keep a tab on multiple things such as maintaining individual client/sales records, capturing client policy details like effective/renewal date, policy period, premium, plan, and carrier. These manual processes trade-off the time and effort required for converting leads to clients and staying abreast of sales figures. BrokerEdge is a leading insurance brokerage software that provides brokers with a smarter way to manage leads/customers and close policies faster, anytime, anywhere.
BrokerEdge facilitates intuitive automation and seamless connectivity to insurer partners and insureds. As one of the best insurance broker software, BrokerEdge has the capability to work with multiple insurance companies in conjunction. It is a feature-rich and powerful insurance broker management software that takes care of administration, client services, underwriting, quote processing, claim processing, and more. Its next-gen customer portal and highly customizable mobile app offer superior flexibility and scalability. BrokerEdge is perfectly aligned with multiple lines of insurance businesses – Property & Casualty and Employee Benefits (Health Insurance & Life Insurance).
Work smarter, keep a tab on individual & group policy journeys, empower policyholders with updated information, and seamlessly collaborate with colleagues – all while keeping your peace of mind. Here are the modules of this platform:
Configure your system, set-up multiple insurance companies, products, and manage automated or manual rates.
Enable users to create quick quotes, compare quotes, manage binders, perform endorsements, renewals, cancellations and register claims. Auto-generate renewal notices and setup reminders.
Connect with insurer system with ready APIs or EDI methods. Push or receive all information in real time. Get away with operational redundancy and improve efficiency.
Dashboard & Reporting
Access to all standard & statistical reports out of the box. View them on the dashboard interface available on web and mobile.
Get a 360-degree view of the customers for better servicing. Assisted sales process to help track your leads end-to-end and engage in up-selling/cross-selling.
Digital Document Repository
Upload documents against a policy or claim and manage them accordingly within this interface. Eliminate paper trails.
Self-service policies or register FNOL with a quick upload of claim-related photos and videos on either web or mobile platforms. Update profile or make payments against policies.
Allow producers to register new businesses and manage commissions with the easily configurable agent/producer sections.
The mobile app lets customers self-service policies, update contact information, view policy status, make payments, report a new claim, and more.
Here’s how BrokerEdge ensures efficient broker management and improved profitability:
Integrated P&C and Benefits Management
Multiple Quote Comparison
Underwriting Guides/Rate Configuration
Automated Insurer Connectivity
Sales Automation and Integrated CRM
Pay-As-You-Go Pricing Model
One Dashboard View
Faster access to the most important information with intuitive UI and visualization
Automated payment schedules, entry of received and missed payments
Centralized repository for all policy-related documents and claim photos
Send bulk emails and SMS to leads/clients and keep track of your sales
Effective Policy Management
Enter notes related to leads/clients and access them anytime, anywhere
Superior Customer Service
Improve customer satisfaction via self-service tools and faster response time