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PolicyFly

PolicyFly

Overview

What is PolicyFly?

PolicyFly is an all-in-one digital platform designed to revolutionize insurance administration. According to the vendor, it offers complete policy management capabilities, giving users control over the entire policy lifecycle. The platform also provides automated programs to streamline processes and...

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Pricing

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Basic

$5,000

Cloud
per month

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services
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Product Details

What is PolicyFly?

PolicyFly is an all-in-one digital platform designed to revolutionize insurance administration. According to the vendor, it offers complete policy management capabilities, giving users control over the entire policy lifecycle. The platform also provides automated programs to streamline processes and increase efficiency. Seamless distribution of policies is made possible, making it easier to reach customers and agents. Enhanced service features are available to improve customer experience and satisfaction.

According to the vendor, PolicyFly offers smart fields and forms that automate submissions, helping agents drive more business. The platform's data-driven underwriting capabilities simplify the underwriting process, making it quicker and more profitable, as claimed by the vendor. Users can build and launch new insurance programs in just weeks, and update existing programs using the Microservice API.

PolicyFly provides smarter and faster applications, making it easier for brokers to apply, according to the vendor. Real-time reporting capabilities allow users to track retention, loss, bind ratios, and more. The vendor claims that PolicyFly can streamline operations and enable effective risk visualization by comparing incoming submissions with the current book of risk in real-time. The platform also offers powerful history logs to eliminate the need for searching through emails or attachments.

According to the vendor, PolicyFly's quick renewal features improve retention rates and highlight application differences. The platform's faster underwriting capabilities enable underwriters to make smarter decisions more quickly. It also facilitates better communication, enabling more effective conversations to increase bind ratios. PolicyFly centralizes documents and tracks sign-offs with e-signatures. It provides a complete policy management suite that equips agents and teams with the necessary tools for success. The vendor emphasizes that PolicyFly is built to grow, with continuous innovation and the ability to transform businesses.

PolicyFly Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsWeb-Based
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