Likelihood to Recommend
Quoting or ballparking an HO3 risk can be done very quickly with minimal input and the system has an excellent system for quote presentations and unsold quote follow up reminder.
Read full review
BindHQ is great for the insurance industry. Scenarios in which it is used in accounting:
1. Looking up policies and seeing if they have been paid. 2. Sending out statements and allowing for review of those statements in an organized function. It provides Agency Bill/Direct Bill, Receivables/Payables, Open/Closed. 3. It allows for us to post/offset and make decisions based on producer, carriers, finance companies and agents directions. Scenarios where it is less appropriate. 1. Outside of the insurance field. But just saying that as for right now. It does not mean that this kind of platform is not usable for other industries, but it would need to be modeled to fit each industry. It has all the core structures needed to help organize and run a business. Read full review Pros Ease of use Accurate quote results Speed of quote returns Read full review The option for us to CC the BindHQ email to file our correspondence with agents, carriers etc. is my first point for convenience. It is important for us to document just about every piece of every conversation we have and that option makes it seamless to operate efficiently and diligently. It is easy to navigate. Simple as that. The layout is aesthetic and well spaced. The pertinent information pertaining to individual accounts is accessible and placed right across the top of the page. The ability to move from the current account to an expired account or the other way toward the renewal is very helpful. Often we need to access the previous years information and being able to do that just with a simple drop down at the top of the page makes it quick. Read full review Cons Instant rates for DP Option for proof of prior auto insurance to include PIP/PD only Show all my carriers Read full review Rating option directly from account input - I would like to see this feature launched so that we could have a single entry feature that can obtain rates from multiple carriers Bdx Reporting - This would help with binding authority business, especially when a monthly report must be sent to a carrier partner Read full review Usability
BHQ is a user friendly, lightweight program that runs anywhere you have internet access! I use it at home, the office, or even at a nearby coffeeshop. It's hard to beat that kind of mobile work lifestyle particularly in the current world climate
Read full review Support Rating
It was hit-or-miss in the past but they seem to have taken steps to improve this. As of the past 6 months, they've been pretty quick to patch bugs and fix issues when we report them
Read full review Alternatives Considered
Applied Rater is a much quicker process than QuoteRush or Ezlynx because of how they request the initial info. It's neatly organized. QuoteRush tends to have much more accurate quote but it is very time consuming. Ezlynx's rater is very time consuming and does not support many homeowner carriers so they are not much of an option for homeowner quoting so Applied Rater beats them out easily
Read full review
When comparing these to BindHQ, without a doubt, it is MUCH easier to navigate through AR and AP modules, applying cash, issuing checks, viewing policies, working remotely (no remote desktop), Gmail features with attaching emails to policies. But the main takeaway with what outshines than any other agency management system out there is the smooth transition from moving from AR to AP modules. You just can’t find that anywhere.
Read full review Return on Investment Positive impact on quickly shopping rates and reshopping renewals. Positive impact on saving user id & password which is a big time saver Read full review Positive - By streamlining our workflow processes it has allowed our production teams to focus more on production and generating more business and not on backend data entry and time wasting functions that we had with previous systems. Positive - Production teams are now able to work together seamlessly on a single account regardless of employee location allowing for remote working to function without any time restraints Read full review ScreenShots