Vertafore Agency Platform is the vendor's comprehensive suite of applications for managing policies, customers, payments and claims, and integrates with other popular applications (e.g. DocuSign) to provide a comprehensive solution for agencies.
Insurance Suites Software
Insurance Suites Overview
What are Insurance Suites?
Insurance Suites are modular software packages from a single vendor designed to cover all the business and policy administration needs of insurance agencies. Thus these include underwriting, risk, and policy management. Additionally, on the business side, they include marketing, customer experience, sales forecasting, and pipeline management in the same solution.
While some vendors may focus on a particular insurance market (e.g. property and casualty), insurance suites generally emphasize tools to make agents more effective at satisfying customers and growing accounts. This might include fast automated quoting, product guidance, and other various marketing tools. Areas of specialty include P&C, benefits insurance, as well as life & annuity.
Insurance Suites Features & Capabilities
Insurance Suites encompass the various capabilities below:
Policy administration system
The billing system, auto-pay
Cash and commission management
Secure client web portal
Audit trail of client data change & access
SMS, mass text messaging
Renewal marketing & management
Rating & quoting module
Policy guidance & comparison
Customer messaging & notification
Document management with versioning
Customer portal & mobile app
Insurance Suites are inherently modular and meant to fit the needs of the particular insurer. Pricing will also scale directly with deployment breadth and increase with add-on modules, like including marketing automation, sales automation, mass texting and renewal management, and market intelligence. Price scales directly with the size of agency supported (i.e. number of licenses required).
Insurance Suites Products
Listings (1-25 of 34)
Sapiens headquartered in Cary, North Carolina offers Sapiens IDIT, a suite of applications for the non-life and general insurance providers.
TLDCRM (Total Lead Domination CRM) is a customer and call management platform that supports insurance industries sales operation, and also contains policy management features. TLDCRM is located in Hialeah, Florida.
Guidewire offers InsuranceSuite, their comprehensive suite of applications meant as a single source of truth for all customer, financial, and transactional data, and offers supports administrative automation for property and casual insurers.
Socotra in San Francisco offers a comprehensive suite of applications for insurance, including policy administration and marketing automation, underwriting and claims management, and billing and payment management.
VRC Insurance Systems in California offers Velocity, an Insurance Suite containing a general ledger and all needed financial applications, policy and document management, and administrative automation features.
Wynsure is an Insurance Suite from Wyde, an Mphasis company. Wynsure emphasis front and back office automation, but features policy administration, billing and document management, and other features.
Accenture offers ALIP, or Accenture Life Insurance and Annuity Software, a comprehensive suite of modules covering case and policy management, automated underwriting and other features.
The Adaptik Suite for property and casualty insurance is meant to cover all the insurers needs, from billing, policy and claims, and administrative automation.
BriteCore in Springfield, Missouri offers an insurance suite, featuring data warehouse, and administrative automation support, as well as policy management, among other features.
The flagship product from Epic-Premier in Lakeland, Florida is ConceptOne, a comprehensive and integrated suite of application for insurers featuring policy and accounting, claims and billing, and automated workflow.
Insuresoft in Illinois offers their suite of applications for insurers. Called the Diamond Suite, the applications (from policy management, to billings and claims,) can be used independently or as a comprehensive package.
FINEOS AdminSuite is a comprehensive set of applications for insurers for claims, billing, and policy administration.
Decision Research Center (DRC) in Honolulu offers the Gamechanger Suite is an insurance suite to provide end-to-end administration support and automation for personal, commercial, and also specialty insurers.
ID3 is a life insurance policy management system from StoneRiver, a Sapiens company.
Inspro Technologies in Pennsylvania offers Inspro Enterprise, a comprehensive policy administration system for insurers providing billing and claims management, policy administration, and underwriting among other features with the goal of providing an end-to-end sufficient system.
Insurity offers a suite of applications, the Insurance Decision Suite , which features Insurance Enterprise View along with additional applications: Policy Decisions, Billing Decisions, Claims Decision, and Reinsurance.
CodeObjects offers InsuranceEnterprise, their largest and most comprehensive suite of applications for insurers meant to supply end-to-end administration automation with applications specific to insurers (policy management, claims, underwriting, etc).
IDP (Insurance Data Processing) offers InsuraSphere, an end-to-end application suite purposed to help larger insurance companies manage all their operations and provide automation support with little or no need for other applications.
Insurance Systems in Toronto offers ISI Enterprise, an insurance suite for property and casualty insurers containing policy administration features, along with billing, claims, reinsuring and accounting, among other features.
Majesco P&C Suite includes policy, underwriting, billing, claims modules, and is configurable to meet the needs of property, casualty, and also general insurers.
Patriot Technology in Fort Lauderdale offers PN InsuranceExpert, their most comprehensive offering for insurers focused on enhancing the workflow with automation but containing all modules of necessity for insurers such as claims, billing, underwriting, and policy administration.
JW Software in St Louis offers PolicyHandler, a policy management system for workers compensation insurers that also features all modules necessary for supporting the policy lifecycle process such as billing, rating, renewal, and other tools.
Finnish company Profit Software offers their flagship product Profit Life&Pension, as an end-to-end solution aiming to contain all necessary modules and automation for these particular insurers.
Profit Property&Casualty is meant to support all policy lifecycle management needs with additional modules , and is offered by Finnish company Profit Software.