Insurance Software - Insurance Management Software

By: Oceanwide  09-12-2011
Keywords: insurance products, Insurance Software, Insurance Management

Oceanwide's Bridge insurance software offers several benefits to underwriters, brokers, agents and assureds for managing their insurance distribution:

  • Quick low-cost startup
  • Improved underwriter control
  • Lower administrative processing costs
  • Comprehensive implementation support
  • User-friendly distributor experience

Quick Low-Cost Startup

Bridge’s On-Demand insurance software model gets you up and running within days and without any long-term commitment. There are no servers to buy and no IT infrastructure or support needed.

Bridge insurance software comes complete with easy-to-use insurance management tools to help you:

  • create & brand your distribution web portal
  • configure insurance products
  • design insurance application forms
  • manage insurance pricing & business rules
  • import your MS-Word based policy forms

Bridge even lets you upload reference data from Excel and offers built-in integration to global ISO and security databases to simplify startup.

Improved underwriter control

Bridge insurance software acts as your guardian, protecting against the accidental binding of undesirable risks. The insurance management software automatically validates all submissions against your underwriting rules, accurately calculating premiums and documenting coverage terms.

When more complex submissions require manual attention, Bridge insurance software directs them to the right underwriters using automated workflow tools to improve overall efficiency.

Finally, Bridge’s insurance management software features powerful monitoring tools and ad-hoc reporting & analysis capabilities to give you clear and complete visibility into your portfolio and the activities of your insurance distribution network.

Lower administrative processing costs

Oceanwide understands that in the current economic environment, the name of the game is efficiency and everyone needs to do more with less.

Bridge insurance management software's self-service features free your staff from the administrative chores of rekeying submission & bordereaux data, calculating premiums & taxes, preparing policy documentation and processing endorsement & renewal paperwork.

Bridge insurance software saves time and eliminates errors while it empowers your agents and brokers, automatically handling many of the service calls your team currently manages.

User-friendly distributor experience

With Bridge insurance management software, you can quickly build a portal where your brokers & agents can obtain instant quotes, bind & print policies, process endorsements & renewals, review invoices, and even report & track losses, working intuitively in sync with their existing practices.

They can also automatically process their bordereaux spreadsheet reports, validate & confirm coverage and premiums, or interface directly with you using ACORD standards.

Bridge gives them a single easy-to-use and consistent interface to your organization across all lines and for all their needs. Imagine the impact on their choice of carrier.

Keywords: Insurance Distribution, Insurance Management, Insurance Management Software, insurance products, Insurance Software,

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