Digital Insurance Suite

The Digital Insurance Suite, developed by Exdion, is a software solution aimed at digitally transforming the businesses of Property & Casualty Insurance brokers in the US. According to the vendor, this suite of tools is specifically tailored to meet the needs of insurance professionals, providing them with capabilities to streamline policy management, claims processing, underwriting support, document management, reporting and analytics, compliance management, customer relationship management, workflow automation, and mobile accessibility. The Digital Insurance Suite is said to cater to insurance brokers of various sizes and is widely utilized across the Property & Casualty Insurance industry.

Key Features

Policy Management: According to the vendor, the suite can automate policy creation, renewal, and endorsement processes, streamline policy management, and maintain a centralized repository of policy information for easy access and retrieval. It also enables the generation of policy documents and certificates.

Claims Management: The vendor claims that the suite simplifies claims management by efficiently capturing and processing claims information. It automates claims processing workflows, allowing for real-time tracking and monitoring of claims status.

Underwriting Support: The suite is said to provide underwriters with tools and data to make informed decisions. It can automate underwriting processes, reduce manual effort, and provide access to comprehensive risk assessment data. The vendor states that it enables quick and accurate generation of quotes and proposals.

Document Management: According to the vendor, the suite allows for the organization and management of insurance documents in a digital environment. It provides secure and efficient storage and retrieval of documents, enables document version control and collaboration, and automates document generation and distribution.

Reporting and Analytics: The vendor claims that the suite can generate comprehensive reports and analytics on insurance operations, providing insights into key performance indicators and trends. It allows for monitoring of business performance and identification of areas for improvement. The reports and dashboards can be customized to meet specific business needs.

Integration Capabilities: The vendor states that the suite seamlessly integrates with existing systems and applications. It enables connectivity with insurance carriers, agencies, and other stakeholders, facilitating data exchange and interoperability. The suite also supports API integration for easy data sharing.

Compliance Management: According to the vendor, the suite ensures compliance with industry regulations and standards. It automates compliance tracking and reporting, maintains audit trails and documentation for regulatory requirements, and provides alerts and notifications for compliance deadlines.

Customer Relationship Management (CRM): The vendor claims that the suite allows for the management of customer information and interactions in one system. It enables tracking of customer interactions and communication history, providing personalized service and support. It also allows for the analysis of customer data to identify cross-selling and upselling opportunities.

Workflow Automation: According to the vendor, the suite automates manual and repetitive tasks, improving efficiency. It enables the creation and management of workflows for different insurance processes, reduces errors and delays through automated task assignments, and provides real-time monitoring and tracking of workflow progress.

Mobile Accessibility: The vendor states that the suite provides mobile accessibility, allowing insurance professionals to access it on mobile devices. It enables remote access and collaboration, providing on-the-go access to policy and claims information. According to the vendor, it facilitates mobile communication with clients and stakeholders.