What Does it Mean to be a Digital Insurance Company?
Help your brokers succeed with digital. Enable your brokers with a digital insurance channel to sell their insurance products to insureds.
Smarter tools for brokers, unrivaled experiences for insureds
Insureds want to buy their insurance online and now you can deliver. With a digital channel, customers can apply, get quotes, bind, pay, and receive their new or renewal policy in a matter of minutes. Offering your brokers the capability to move insurance programs you underwrite to a digital channel is a powerful competitive differentiator for both you and your brokers. Try our demo to experience a digital channel for yourself.
Boost renewal retention with digital workflows
When insureds are required to fill out a blank application at each renewal, they’re more likely to shop around. By pre-filling an online renewal application based on expiring policy data, renewals are fast and streamlined making the choice to renew easy for insureds.
Administer new programs effortlessly
In a digital process, your underwriting and rating rules are enforced by the system so applicants that fit within the underwriting guidelines can have their policies bound and issued automatically. Only the applications that require underwriting need to be handled which dramatically reduces the amount of time spent manually underwriting or rating standard policies.
The four-step process to digital transformation
InsureVue is a cloud-based policy management system that enables offering insurance products online in a fully white labelled website where insureds can purchase their insurance. Our four-step implementation process results in delivering a fully-customized, fully-branded online channel for your brokers.
Design
You’re in complete control of how we implement your products online. You decide the application questions, the underwriting rules to enforce, the rating logic, and the documents to issue and we digitize them. InsureVue is white-labeled with the broker's branding so insureds see the digital channel as a seamless extension of the broker's business.
Develop
After reviewing all of your needs, we begin by creating an online application based on the questions you provided. We add your rules and rating logic to ensure your underwriting guidelines are followed. We then implement your insurance documents that will be issued to the insured on purchase.
Test
The completed site is made available for you and the broker to test to ensure the online customer experience will be flawless. You have full sign-off control on the site before it goes live.
Launch
Thanks to InsureVue’s rapid implementation methodology, your online product will be ready to go live in a matter of weeks. We achieve this by leveraging the powerful general insurance functionality of InsureVue, so we only need to implement your unique product requirements. Once launched, the digital channel is open for business for insureds to use.
