Insurecom

10 reasons to choose an Insurecom solution:

1. All the tools you need to run Personal and Commercial Lines quotes are here in one place with an extensive panel of providers and products including the Insurecom Commercial Lines module with auto-rated products
2. One click FSA reporting
3. Customisable Commercial Risk Capture and documentation for schemes
4. Robust and detailed claim administration
5. Comprehensive and integrated broking and office accounting
6. Expansive MI accounting and marketing reporting as standard
7. Quote and Buy facility
8. Can be hosted by you, or on the Insurecom cloud with no additional infrastructure costs
9. Single client e-filing with extensive email integration with drag and drop attach facility
10. Powerful range of marketing tools that allow you to build campaigns and increase upselling and cross-selling opportunities.

Is an Insurecom product right for my business?

Insurecom has a range of products carefully tailored to suit the challenging needs of the general insurance broker depending on the risks they accommodate and how their business works.

Types of risk:

• SME Package/Small Commercial
   Insurecom systems currently integrate with a range of insurers to provide real-time quotes for package business including Shops, Offices and Surgeries, Property Owners and Tradesmen. The Insurecom Commercial Lines solution includes dynamic, contemporary risk capture screens and extended rating capability to include Insurer Extranet quoting engines. It also increases efficiency as there is no need to rekey information.
• Lower Volume/Higher Value Commercial
    Our systems offer brokers the capability to create their own comprehensive risk capture screens for any required line of business, enabling firms to represent their risk data in a uniform and efficient approach, and produce comprehensive, one-click presentations and risk registers.
• High Volume Personal Lines
    Our Insurecom Portal for Personal Lines makes us an excellent choice for the management and development of high volume personal lines business. Real-time rating and scheme maintenance, and full Polaris compliance, mean that insurers such as Aviva make Insurecom their primary partner in rolling out value added product solutions which offer a greater competitive edge to our brokers.
• Niche/Scheme Business
    Insurecom offer full scheme rating and point of sale Click and Buy solutions and the ability to create or commission bespoke risk capture screens for any required policy type. In addition, with cutting edge website integration through accredited partners, Insurecom aim to be a serious option for firms with bespoke/niche business requirements.

How does the solution work?  

• Sales/Business Development
  We believe that the broker should be in control of the system allowing more time to develop their business and forge new revenue streams. Insurecom systems are shipped with extensive reporting and marketing capabilities too, allowing firms to effortlessly pinpoint and exploit areas of strong potential within their books of business. And, with the help of our dedicated consulting team, our clients are increasingly empowering themselves with advanced tools and skills to gain much more from their Insurecom systems.
• Customer
    No sales campaign is worth the resource and effort if existing and new customers cannot be easily maintained to the highest possible standards; indeed, customer service and retention is a driving force behind much of the functionality offered by our systems. Intelligent searching, extensive and automated audit trail, easy-to-use record management and comprehensive one-click document production are all aspects of our products which aim to assist firms in reaching these high standards and reaping the benefits of client retention rates.
• Renewals
    At Insurecom, we understand that renewals and customer retention are the lifeblood of the vast majority of firms. Our systems offer effective, workflow driven renewals management and reporting, with automated batch-renewal processing for toolkit products.
• Claims
    Often feeling ‘left behind’ by some broking software solutions, we’ve been listening to claims teams across the UK when deciding how our systems should work. Claims are seen as critical events in the life of a policy, and can be located in their own right without the need to trawl through client and policy records. Structured workflows can be created to streamline claims processes, reduce paper-reliance and maintain uniform, auditable claims management. Firms with delegated authority can also pay claims using integrated claim, accounting and audit trail processes.
• Accounts Consultancy
   Handling money efficiently and carefully is both central to the smooth running of your business and fundamental to the regulatory principles underlying broking in the UK. Insurecom accounting solutions seek to be helpful, accurate and transparent while also maintaining advanced features which provide flexibility and time-saving processes. Our Accounts Consultancy Services also work frequently with our clients, employing expert troubleshooting and ledger management to demystify concepts and relieve the stress of many aspects of firms’ accounting.
• Compliance
  Compliance is no longer a voluntary concept for the UK firms that Insurecom service – “Comply or Die” is the poignant maxim in today’s intermediary arena. Insurecom offer systems built from the ground up after the advent of FSA regulation, with core accounting, audit trail and client/employee management solutions built to withstand the rigors of legal governance. Required FSA reporting, including Contract Certainty, GABRIEL and Client Money Calculators is also widely available.
• E-filing
    Cut down on your errors and omissions and manage your documents more efficiently. Store every component of a policy in one client file so it can be accessed anytime from anywhere for immediate fax or email. Scan attachments to the policy or batch scan and create bar codes to index attachments to the client’s e-file.
• Reporting MI
    We offer comprehensive, dynamic and flexible SQL based reporting solutions. Reports can be produced in a printed format, exported to PDF and/or Microsoft Excel and delivered by email. You can link to other databases, and SQL data library fully integrates with SQL Reporting Services which enables web based reports either on demand or on a scheduled basis.
• Accounting
    Generate invoices and statements with TAM’s accounting module. Track and reconcile agency payables, record payments and returns and build financial statements that allow you to compare to the previous year’s total and budget figures.

 Consulting

The Consulting Team is on hand to help customers get the most out of their software.  We want our customers to be successful because of the system they are using and have lots of solutions on offer that can help your business grow and strengthen it for the future.

We can create carefully tailored solutions to suit your business needs or choose from some of our standard offerings including system usage reviews, business process reviews or automated workflow design.

Please contact the consulting team on 01273 852110 or consulting@insurecom.co.uk to discuss your requirements or speak to your Business Development Manager to find out how you can have an expert on hand to make a difference to your business.