How an Insurance Broking Software Eases Your Policy Selling

January 11, 2022 in Insurance Broking

How an Insurance Broking Software Eases Your Policy Selling

As we all know, the entire scenario has changed. The world has changed the course of its existence in terms of human survival and lifestyle. This has also done severe damage to the insurance industry also, like all other human-oriented industries. Man to man and direct selling has become a thing in the past. Tech innovations have taken over the entire insurance business arena in the form of introducing different software and other gadgets that will ease your insurance broking business to a greater extent.

Insurance broker software is one such gigantic achievement of the insurance broking industry when it comes to policy management and client interactions.

Their features are not limited to handling insurance sales and other policy-related activities. Claims, accounts, endorsements, etc. can also be administered systematically with the help of an insurance broker software.

What are the best insurance broking software available in the market right now?

You could find a long list of insurance broking software, but considering the practicality and its capability to minimize insurance broking efforts, the best ones that you can choose are Sibro, Broker Edge, SAIBA, NowCrets, and AgencyBloc.

Let’s see how these insurance broking software help brokers to accomplish greater heights through the remarkable features offered. Here are some of the newest sensational features of insurance broker software that can assist brokers to do wonders in the insurance broking business.

#1: A new feature has been released called Activity Reports

You can do a lot via insurance broking software. Have you ever thought of having an insurance broker software and every activity of your business is recorded in the software?

So what if you can track down all the user activities.

This means tracking your entire broking activities right? Think about how good that will be for your insurance broking business. Then you will get your mantra for your success.

#2: Provision to clone existing RFQ Templates

RFQs form the backbone of the insurance broking business. When different customers come with different requirements, brokers need to create different RFQs for each of them. This can be very time-consuming at times and now we have a magnificent solution for that.

Now we have an exclusive feature where users can clone their already created RFQ templates with their pre-defined alterations and adjustments. It is so easy and so professional. Modern insurance brokers are loving this feature offered by some of the best insurance broking software.

insurance broking software features

#3: Lost business reports

Insurance brokers usually don’t speak about their lost business. Most of the time they highlight their successful policy conversions and potential customers.

But some of the best insurance broking software has been thinking out of the box. They are starting to focus more and give enough importance to lost businesses also. That’s why we have a new feature called “Lost Business Reports (LBR)” in these software. This feature will help brokers to record all of their lost businesses with proper reason for losing and when it comes to statistical sales analysis this report can become handy for analyzing sales and forecasting next year’s sales target and revenue.

#4: Connect Emails via SMTP

The very existence of every business is proper communication. Face-to-face communication was the normal thread brokers used to have since the beginning.

But now the whole scenario has changed and the entire planet has gone ONLINE!!

Future progressions need future contemplations. So being a modern aggressive insurance broker, you have to be more advanced in terms of establishing the cutting-edge data protective communication model.

Here comes the importance of these exclusive communication features offered by the best-in-class insurance broker software.

They help brokers to communicate to their clients and insurers systematically and purposefully. Wasting no time, they can send and receive emails and messages back and forth simultaneously. They also notify brokers if they miss any email or other communication messages.

Some of the broking software have even crossed the boundaries in terms of email communication, where brokers can see all their employees will be automatically listed for the user to select one or multiple employees and send emails to them simultaneously.


SIBRO offers more than you THINK!

We waited until we could do it right. Then we did! Checkout the incredible features of Sibro, the best software for insurance brokers in India, Philippines and Botswana.

Best Insurance CRM Software for Brokers

#5: “Notify Customer” feature

Prospects management has taken its new level. It is very important to know when to cut loose from a non-productive customer. You may not want to follow a wrong lead and invest your valuable time for zero returns. You have to be more careful in choosing your potential customers and make sure you cut loose at the right time without losing more time and effort.

When your business becomes too deep, you tend to forget many important appointments. Sometimes you may even fail to connect to the upcoming renewals. If this could have happened to you then this hottest insurance broking software feature is just for you.

Get notified!! This feature will help brokers to get notifications on renewals, installments, policy dates, client follow-ups, meetings, and a lot more.

You cannot understand how these features will be helpful for your insurance broking business unless you explore the possibilities.

When you start exploring you automatically achieve greater heights in sales and revenue generations.


Checkout Sibro, one of the top-rated insurance brokering software.

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