What users are saying about
6 Ratings
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Score 8 out of 100
7 Ratings
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Score 8 out of 100

Attribute Ratings

  • BindHQ is rated higher in 1 area: Likelihood to Recommend

Likelihood to Recommend

9.2

BindHQ

92%
5 Ratings
8.0

EZLynx Agency Management

80%
2 Ratings

Usability

9.1

BindHQ

91%
1 Rating

EZLynx Agency Management

N/A
0 Ratings

Support Rating

8.1

BindHQ

81%
2 Ratings

EZLynx Agency Management

N/A
0 Ratings

Likelihood to Recommend

Owsy LLC

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.
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EZLynx

EZLynx seems to be well suited for any size insurance agency. The capabilities seem to be endless with the only caveat being the integrated homeowner rating system. EZLynx fits all the categories that a management system should fit for any size insurance agency. About the only scenario I can think of that EZLynx would not be appropriate would be doing the financial books for an agency, but than again, what agency management does.
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Pros

Owsy LLC

  • 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.
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EZLynx

  • Quotes multiple carriers at once
  • Easy port over options when a carrier is selected
  • Easy to manage existing policies
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Cons

Owsy LLC

  • 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
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EZLynx

  • The integrated homeowner rater is weak and takes too much time to put in the info.
  • None of the raters that we use, QuoteRush and Applied Rater, offer exporting capability to EZLynx.
  • Can be a little costly if start adding all the capabilities.
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Pricing Details

BindHQ

Starting Price

$300 per month per user

Editions & Modules

BindHQ editions and modules pricing
EditionModules
Basic$300 / user / month1
Pro$375 / user / month2
EnterpriseContact Sales3

Footnotes

  1. per month per user
  2. per user
  3. per month per user

Offerings

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services

Entry-level set up fee?

Optional $25,000

Additional Details

EZLynx Agency Management

Starting Price

Editions & Modules

EZLynx Agency Management editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    Usability

    Owsy LLC

    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
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    EZLynx

    No answers on this topic

    Support Rating

    Owsy LLC

    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
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    EZLynx

    No answers on this topic

    Alternatives Considered

    Owsy LLC

    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.
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    EZLynx

    Before EZLynx Agency Management, I would go into each carrier site to do the quotes. EZLynx Agency Management saves time, which saves money, by quoting all carriers at once.
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    Return on Investment

    Owsy LLC

    • 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
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    EZLynx

    • Unfortunately, I can't tell yet on this as I've only had EZLynx for 4 months now but from what I can see is that I will be saving tons of man hours on processing commissions.
    • I'm able to get more intuitive reporting which is a huge plus for marketing.
    • The inept integrated homeowner rater is just so bad we've given up on it which means I've had to spend extra dollars on a homeowner rater.
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    Screenshots

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