Insurance brokers has been using a variety of software for the past couple of years. The decision to go for any particular one depends on numerous factors. The majority of the brokers go for insurance broker software products that offer flamboyance typical features. Only the smart ones consider those insurance broker software that offers them what exactly they need. These decisions make their insurance broking business much more easier. Let’s have a walk through some of the best software solutions modern insurance brokers prefer for managing their incoming prospects, policies, claims, endorsements, invoices and all in between.
On a nutshell, the handpicked software most of the insurance brokers nowadays prefer to manage their broking business are SIBRO, Broker Edge, SAIBA, NowCrets, InsurancePro, Velocity, BindHQ, and Agency Bloc.
This is a simple to use IRDAI compliant broking software that helps insurance brokers to systematically record all the incoming prospects, then periodically follow-up clients, draft RFQs/quote slips, prepare quote comparison sheets, recording policies and receiving payments. This software for insurance brokers will also help them in managing their prospects and clients by promptly reminding about your upcoming renewals, prospects, and their follow ups. Click here to know more about Sibro. The exclusive features offered by SIBRO insurance broking software are:-
Optimizes Business Process
Offers amazing pricing options that you love to explore
Automated Communication
Send email, WhatsApp, and SMS communications from the software
Instant Quote Creation
Create and send professional quote comparison sheets
Auto Reconciliation
Reconcile your commission statements easily and instantly
Automated Reports
Get instant IRDAI reports with a click of a button from Sibro
Post-purchase assistance
Sibro offers customer friendly post purchase product support
Cost-effective Pricing
Offers amazing pricing options that you love to explore the most
Future Integration Opportunities
Futuristic insurance integration provision already incorporated
BrokerEdge is an startling insurance software that offers fast automation and unified connectivity and is connected with multiple insurance companies. This feature stuffed software solution for insurance brokers offers administration management, client services management, underwriting, quote processing, claim processing, and much more. Click here to know more about BrokerEdge. The exclusive features offered by are:-
Process Automation
Automated alerts to remind of upcoming important dates
Lead Management
Smoot conversion of prospects to potential leads
Cloud-hosting
Supports on-premise or cloud installation as per the business
Next-gen Mobile App
Feature-rich mobile app for next level broking and much more
SAIBA is a promising software solution for direct insurance brokers who specializes in general insurance, life insurance and health insurance. This is an inclusive software focused on brokers that contains every essence of insurance broking business that includes customer relationship management, prospects and policy management, handling claims and monitoring finances. Click here to know more about SAIBA.
The exclusive features offered by SAIBA are:-
ERP for insurance brokers
Acts as an effective ERP for modern insruance brokers
Easily Customizable
Ability to customize for requirements is beyond limit
User Friendly
A software solution for insurance brokers that prioritizes customers
Renewal Tracking
Effective renewal tracking features incorporated in the software
An insightful agency management system offers flexible features and helps you to manage you business operations and handle your clients in a systematic manner. It helps you to tracking commissions, fees, and interest rates on payment plans. Click here to know more about NowCerts. The exclusive features offered by NowCrets are:-
Optimizes Business Process
Offers amazing pricing options that you love to explore
Automated Communication
Email, WhatsApp, and SMS from your software
Instant Quote Creation
Create professional quote comparison sheets
Auto Reconciliation
Reconcile your commission statements easily
Automated Updates
Ability to provide an automated update about the policy information
Issue Certificates
Gives your customers the ability to issue their own certificates
Manages Accounting
Create invoices, collect payments, issue receipts, and process refunds
Easy to Use Marketing Forms
This software for insurance brokers offers easy to use marketing forms
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This is an ITC’s insurance agency software that offers you the provision to automate all your tasks and help you to run an insurance agency successfully. This software offers different provisions to track your commissions, update your policy data, and reconcile all the payment transactions. Click here to know more about InsurancePro. The exclusive features offered by InsurancePro are:-
Easy-to-Use Interface
Provides an easy-to-use interface to handle business smoothly
Built-in Accounting Features
Built-in accounting features to take care of your money matter
Print Documents
Ability to retrieve and print uploaded documents when ever need
High-end Security
Offers in depth cloud storage with high-end security
This is a complete insurance agency software that is being dedicated to the property and casualty market, fulfilling the requirements of MGAs, Program Administrators, Wholesalers, insurance carriers, reinsurers, and retailers. Click here to know more about Velocity. The exclusive features offered by Velocity are:-
Rate, Quote and Issue Policies
Permits you to rate, quote, and issue insurance policies easily
Claims Management
Eases your claims management process to a greater extent
Provision to Drag and Drop
Offers provision to drag and drop attachments and emails
Ability to Track Sales
Ability to track sales and provides reports and insights
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This is one of the leading cloud agency management system focused on specialty insurance distribution. Basically, this is a market driven application that will help your insurance business elevate to a new level. Click here to know more about BindHQ. The exclusive features offered by BindHQ are:-
Policy management
Offers fully-fledged policy management features
Underwriting Panel
This software also offers underwriting panel feature
Document Management
Offers amazing and user friendly documentation options
Real-time Reporting
Offers real-time reporting and a lot more features
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 IRDAI compliant broker software for insurance broking companies in India, Philippines and Botswana.
SEE ALL SIBRO FEATURES
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This is an agency management system that helps insurance professionals to facilitate their commission processing, integrated business activities, etc. This is a dedicated application focused on life and health insurance agencies. Click here to know more about Agencybloc. The exclusive features offered by Agencybloc are:-
Lead Tracking
Systematic lead tracking and management of prospects
Intuitive Dashboard
Offers a productive dashboard with customer friendly features
Custom Reporting
Custom reporting feature with visually appealing graphs and charts
Manage Campaigns
Permits you to set up, customize and timetable different campaigns