Moving your products online enables insureds to easily purchase insurance on their internet browser, tablet, or phone. This fully digital workflow allows customers to apply, get quotes, bind, pay, and receive their policies in a matter of minutes. Try our demo to see how easy this is for yourself.
If you currently require your insureds to re-fill out a blank application at each renewal, you are inviting them to shop their insurance. A digital workflow increases retention rates by prefilling an online renewal application based on the expiring policy data. Renewals are fast to complete and provide a streamlined renewal experience.
In a digital process, your underwriting and rating rules are enforced by the system so applicants that fit within the underwriting guidelines can have their policies bound and issued automatically. Any applications that do require underwriting review are routed to your brokers. That means your brokers can focus on the special cases and aren’t bothered with standard policies that don’t require their attention.
Going digital does not mean abandoning your traditional customer interaction channels – a digital channel seamlessly integrates with and complements them. If a customer starts an online application and has a question about a quote and calls your office, you can pull up their application and see it in real time. If the insured needs time to review the quote, you can call them at a later date to follow up and complete the binding of the policy over the phone.
InsureVue is a fully cloud based policy management system based on the industry leading Salesforce platform. The InsureVue platform enables you to offer your insurance products online in a fully white labelled online website where insureds can purchase their insurance. We work with you in our 4 step process to customize InsureVue to your specific requirements.
InsureVue is highly customizable and white labelled so your branding will be on the platform and you are in complete control of how your insurance products are represented online. Your brokerage decides the questions, the underwriting rules to enforce, the rating, and the documents to issue.
Once you’ve defined the specifications, we review your requirements and implement your products accordingly. We begin by creating an online application based on questions that you selected and then we add your rules and rating logic. Finally, we implement your insurance documents that will be issued to the insured on purchase.
The completed site is made available for you to test. Testing is critically important in a digital workflow as policies can be bound based entirely on system rules with no human touch. The test phase allows you to fully sign off on the system before it goes live.
InsureVue was built with speed and customization in mind. We understand the importance of going live quickly and are conscious of time while still providing you with a high quality platform. We typically turn around a product implementation from start to finish, in a matter of weeks. We manage to do this by leveraging the powerful general insurance functionality of InsureVue, so we only need to implement your unique product requirements.