Optimize Brokers’ Efficiency & Productivity While Improving Sales Revenue With BrokerEdge
Digital innovation has transformed the insurance broker industry. However, in most cases, staying on the digital transformation bandwagon is preceding the need to deliver a cost effective and optimized user experience for brokers. For a broker to outperform, they require to provide their customers with the best insurance deals in real-time through an enriching experience. Thus, it is important to have a unified platform where applications meant for different insurance processes can “talk” to each other while giving brokers detailed insight on customers in just one click. With this challenge in focus, Damco has developed a comprehensive broker operation management software, BrokerEdge, which not only meets the grass-root requirements of modern-day brokers but is equipped to handle the impending changes to make their business future-ready as well. We understand the unique challenges that insurance brokers face in managing their operations, clients, and policies. That’s why we have developed this unique and powerful insurance broker software tailored specifically to meet the unique needs of a growth-oriented insurance broker like you.
Fueled by decades of technology expertise and insurance domain acumen, Damco’s BrokerEdge is a smart insurance brokerage software that helps brokers stay on top of their key tasks like product and policy administration, client servicing and claims processing across multiple lines of businesses faster, anytime, anywhere. A unique insurance broking software with a single view dashboard to keep a tab on individual and group policy journeys, BrokerEdge supports end-to-end fronting and co-brokering accounting processes such as opportunity management, underwriting, quote processing, and relationship management, thus driving productivity and business growth. Transform your insurance brokerage with BrokerEdge – our comprehensive Insurance Broker Management Software now!
How Has BrokerEdge Helped Our Clients?
30+
Global Brokers as Proud Users
30%+
Growth in New Client Acquisition
70%+
Improvement in Customer Satisfaction
30%
Improvement in Operational Productivity
27%
Improvement in Conversion Ratio
31%
Improvement in Retention Ratio
Digitize The Broker Operations of Your Choice with BrokerEdge’s Configuration Modules
A powerful and feature rich insurance brokerage software, BrokerEdge digitalizes the broking operations with its scalable, flexible, and easy to configure modules, thus reducing brokers’ costs, time, and efforts.
Product Administration
Configure your system, set-up multiple insurance companies, products, and manage automated or manual rates.
Policy Administration
Enable users to create quick quotes, compare quotes, manage binders, perform endorsements, renewals, cancellations and register claims. Auto-generate renewal notices and setup reminders.
Insurer Connectivity
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.
CRM
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.
Customer Portal
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.
Producer Portal
Allow producers to register new businesses and manage commissions with the easily configurable agent/producer sections.
Mobile Application
The mobile app lets customers self-service policies, update contact information, view policy status, make payments, report a new claim, and more.
Better Collaboration with Insurance Carriers and Customers Alike with BrokerEdge
Download BrochureBrokerEdge’s Value Proposition
BrokerEdge, the insurance broking software, supports brokers to focus on all aspects of broking including client services, underwriting, quote processing, claim processing to deliver a seamless customer experience powered by essential features and future-ready functionalities on one platform.
Cutting-edge & Transformative Functionalities
Integrated P&C and Benefits Management
- Supports more than 18 LoBs across Property & Casualty, Specialty, Liability, Life & Health offerings
- Easy management of complex billings with automated employee benefit workflows
Underwriting Guides
- Easy onboarding and management of insurance companies, their logos and addresses
- Quick premium generation via API integrations or rate setups
A Growth Supportive, Pay-As-You-Go Model
- Supports unlimited number of users with no restriction on active users
- A subscription-based SaaS model that can be scaled as the business grows
Automated Insurer Connectivity
- Ready API availability for integration with multiple insurance companies
- Seamless data exchange between systems via API or EDI
Strong & Innovative Technological Functionalities
- Easy quotes comparison from various insurance companies through APIs or Excel uploads
- Seamless digital policy buy out
- Automated quotation journey starting from lead creation and opportunity mapping
- Automated payment reminders, renewal notices, birthday greetings, and occasion-related wishes
- One view or window for managing operations across different products from multiple carriers
Why BrokerEdge for Your Insurance Broking Business?
Single dashboard view of all customers
Reduced manual labor with digitized operations and workflows
Increased efficiency and productivity
Superior process automation and management
Improved customer relationships
Better communication with insurance carriers
