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Insurance Broker Software

Create Profitable Growth for Your Insurance Business in 2017

The recent year has become a challenging one for the ever changing and challenging business of Insurance. The insurance companies have used many tricks and software to ensure the best performance of their employees and achieved high-end goals. Creative the profitable insurance business is a tough task and it requires a lot of hard work, dedication and focuses on the right technology to assist management and employees to get the best out of their abilities and produce the substantial results.  That is the core reason Insurance Broker Software like InsureQlik has been designed to meet the huge and tough needs of an insurance business.

Business intelligence services play an important role in your insurance company when it comes to vital decision-making and getting the most out of your employees and investment. The insurance companies offer many good policies and products to their customers to benefit them in the long run and cope with the risks of life. The great insurance broker software InsureQlik meets their exceeding needs by analyzing and recording every aspect of their business like policy details, underwriting, insurance broker’s information, customer information, payroll management and developing good relationships with your customers. Insurance companies grow when their customers grow, therefore the goal of InsureQlik Insurance Broker ERP is to empower your insurance organization with the tools and ideas that will help you optimize your decisions and affect the performance of your employees in a great way.

Powerful business discovers and data analysis with reports made simple and easy with the best industry leading software InsureQlik. Insurance companies are able to implement it easily now and creating value for their customers.  It helps them to reduce their losses and stopping their long-term customers to go elsewhere for their insurance needs.  It helps the insurance business in many functions like sales, purchases, underwriting, marketing and finance, claims management and much more. When the every broker makes optimal decisions and does the right thing for the company, the company will grow its profits through them and also reward them for their best efforts.

InsureQlik is able to provide modules and dashboards that help your management to analyze the new opportunities in the market and identify the cross-selling potential.  You can now better assess all the risks associated with your insurance policies and make sure that sales are monitored in a great fashion. Monitoring of agent performance is also a great feature of insuring like.  The self-service Insurance Broker Software InsureQlik is specifically designed to make everything awesome for your insurance business.

Guide for Insurance Brokers for Insurance Management

In the growing technology world, organizations are acquiring software solutions to automate their legacy systems and increase productivity. It’s the right time for an Insurance agency to look for insurance policy administration software to stay profitable and competitive.

It’s very important that you must know whether your agency actually need an insurance ERP or your existing system fulfill your requirements? There are plenty of ERP vendors out there who are offering their services but it’s very critical who you choose according to your specific agency requirements.

A comprehensive insurance ERP software should be cloud-based and must possess the following core features:

Claim Administrator for Insurance Broker:
Insurance software should have integrated configuration toolkit which improves and simplifies the speed to market changes. Claims administration market’s preferred solution accelerates workflow and improve administration.

Underwriting for Insurance Broker:
Insurance ERP feature should provide insurance underwriting software solution that streamline and optimize the customer on-boarding process, configurable printing solution integrated directly into the core product to benefit both the insurer and the customers.

Policy Administration for Insurance Broker:
It handles everything involved in running an insurance agency, including tracking commissions, updating policy data automatically and reconciling payment transactions.

HRMS and Payroll for Insurance Broker:
HR & Payroll brings the most absolute approach for HR manager and personnel to smartly manage, monitor and facilitate the organizations workforce. Effectively deal with your employee’s information and data through well composed and self-administered features.

One of the best advantage of cloud insurance ERP software is having everything in one centralized place. Upload documents and access file from anywhere. With one device, run your entire business and enjoy completely automated Insurance software to automate your operations.

Insurance Broker Software

Enhance Your Agency’s Accounting & Data Analytics Using Insurance ERP

Insurance agencies often find themselves helpless in complex industry dynamics. With increasing demands, stricter regulations, increased conformity requirements and heavier workloads, agencies are often under immense pressure when it comes to time management, human capital and resources.
Enterprise resource planning (ERP) is effective and efficient process and data management solution that offers several benefits to insurance agencies. ERP have been broadly implemented due to their ease of use, task automation, impressive data analysis and phenomenal integration functionality. ERP’s capabilities are optimal for insurance agencies now a days, especially in accounting processes, customer care and complete office automation.

Integration:
Through ERP integration your staff can view data, produce reports and complete tasks through common information portal. ERP integrates seamlessly into your agency’s base. It centralize the accounting process whole agency.

Finally, integration means you can use ERP to handle your insurance business’s accounting processes such as payouts, fees, distribution, monthly payment collection and even HR and payroll.

Automate Process:
ERP has the ability to automate the data-driven processes of your agency, from financial processing to customer services, including tasks particularly to insurance administration. It can automate Policy Administration, Claims Administration, Billing, Underwriting, Sale Management Software, Invoice and payment Management.

Its automation helps you attain greater accuracy and organizational efficiency while tremendously reducing the probability for human error.

Accounting Management:
By pairing financial management capabilities with comprehensive data collection and analysis, ERP ensures accurate reconciliation, payment collections, funds distribution and financial analysis. Other than policy funds management, ERP’s accounting capabilities can integrate payroll, expense management and policy pricing. This results in decreased staff workloads and agile processing.

Data Analytics:
Dynamic, accurate data analysis is single most essential component of an insurance agency’s success. ERP gather and analyzes your agency’s data, giving you the ability to see information and develop actionable, detailed reports. You can use data analysis to measure your agency’s productivity and determine your profit, loss and expense ratios.

Further, ERPs data analysis assist you track and evaluate expenses, accounting processes, customer data and overall agency efficiency.

Customer Service:
ERP offers impressive customer service management tools. From customer satisfaction to customer service analysis features such as, call center management, and online customer account capacity, ERP’s customer service module is impressive, customizable, and build with customer satisfaction in mind.
With remarkable capabilities and unmatched functionality, the InsureQlik’s Insurance Broker Software is an ideal solution for insurance brokers, insurance agents and agencies.

Do Your Agency Needs an Insurance Software with Cloud Data Security

In today’s demanding market an insurance software is an extensive, integrated IT solution that helps independent insurance agencies stay profitable and competitive.

Agencies that use an insurance software to store their data in protected, cloud-based storage know that their customers’ information is backed up frequently, protected by state-of-the-art security, and monitored by professional’s day-and-night.

Cloud-based storage also allows agencies to work remotely, updating and entering important policy information from anywhere and at any time. The accessibility and protection that cloud-based storage provides a power-base for productivity, and valuable in the event of a natural disaster.

But does your current system meet your needs or your agency actually need an insurance ERP software? A comprehensive insurance software will have the following features—how does yours add up?

  • Policy Administration
  • Claim Administration
  • Billing Administration
  • Insurance Underwriting
  • HR and Payroll Management
  • Sale Management and CRM
  • Document Management
  • Invoice and Payment Management
  • Offers Management
  • Product Management

If you lack those features, you could probably benefit from a modern, cloud-based insurance software. Learn more about how an insurance agency software can help grow your business in the InsureQlik software demo and consultation, available free here.

How Insurance agency can increase its revenue to 150% by adopting Insurance Broker Software

Insurance agencies often find themselves navigating complex industry dynamics with increasing demands, stricter regulations, client’s requirements and heavier workloads, agencies are often under severe pressure when it comes to management of human capital, resources and time.

Transform your business with innovative insurance products customized to changing market needs while differentiating your brand to gain competitive edge.
Insurance ERP is an Efficient, cost-effective and smart insurance software platform that include features.

Policy Administration Software can handle everything involved in running an insurance agency, including tracking commissions, updating policy data automatically and reconciling payment transactions.

Insurance Claim Administration is an integrated configuration toolkit simplifies and improves speed to market changes. Insurance ERP is latest version of the claims administration market’s preferred solution to accelerate workflow and improve administration.

Insurance Billing Software helps to customize pay plans, account bill options, and pre-integrated EFT and credit card capabilities that can be configured to meet agents, policyholders and carriers requirements.

Insurance Underwriting Software provides underwriting solution that streamline and optimize the customer on-boarding process, configurable printing solution integrated directly into the core product to benefit both the insurer and the customers.

Sales Management CRM helps financial advisors to work efficiently across information sources and channels of distribution. You can easily integrate marketing, sales and customer service through InsureQlik Sales Management and CRM

HRMS and Payroll Software brings the most absolute approach for HR manager and personnel to efficiently manage, monitor and facilitate the organizations workforce. Effectively deal with your employee’s information and data through well composed and self-administered features.

With extraordinary capabilities and unparalleled functionality, ERP is an ultimate solution for insurance agencies. In spite of the fact that implementing a full-scale Insurance ERP can be a costly investment but you will quickly recognize its value once up and running. For that you will require a lot of guidance so start locating Insurance ERP vendor to get pre installation counselling.
So don’t hesitate to speak your mind to our expert team at InsureQlik.