Insurance Software Applications That Bring Error-Free Service

With one hour of television or some basic Internet surfing, a viewer will encounter at least one advertisement for insurance of some sort. This industry, in fact, may collectively be the largest media marketer and, as an individual carrier, agency, or broker, may face the greatest competition. With highly similar products and pricing, then, how does a carrier, broker or agency get a competitive edge? One certain answer is state-of-the-art insurance software developed by SoftGroup.

SoftGroup has leading software engineers who design software for insurance agents, agencies, brokers, and suppliers of all types and complexity. Whether you are a single agent providing a comprehensive line of products, a broker who must shop for every client, or a supplier who has your own complete insurance product line, we have the insurance software applications for your business niche. The salient concept is that the more tasks assumed by effective insurance software programs, the more professional and error-free one becomes.

Accounting is an integral part of the insurance industry and, fortunately, the easiest to be folded into insurance management software. No matter how large or small, SoftGroup can provide software that provides interfaces for general ledgers, transactions, reconciliations and P & L updates. A part of this software will also allow for sorting and analysis of revenue streams by product, geographic area, demographic, etc., providing valuable information as growth is planned.

Any successful insurance professional must rely heavily on customer relations, and SoftGroup can design insurance software specific to your niche, in order to maintain ongoing communication with clients and prospects. Such software can also track an activity log and analyze it over time, so that the professional can clearly see which efforts are the most successful.

A third critical area in which insurance software must be expertly designed is that of application processing and, as well, important service to existing policies. Our insurance software applications will file all policies with numerous sorting options, document changes and cancellations, and produce ID cards and binders. Claims and renewal management are additional features of our exceptional software options.

Document management has always been one of the most difficult aspects of the insurance business. Excellent software, developed by our insurance experts, not only generates any and all documents of the industry, it can provide for archiving and sorting by any parameters our clients determine. Our document templates are continually updated based upon new laws, regulations and industry standards. Insurance company software that does not provide stellar document management impacts the entire business negatively.

Large insurance organizations often have an entire legal team to manage audits and to ensure NAIC, FINRA, SEC compliance. SoftGroup provides single insurance agent software that will perform the same audits and compliance applications, allowing agents, brokers, and small agencies to attain the same efficiency as the “big boys.”

Insurance software usage is too important to trust to “canned” pre-written packages. At SoftGroup, each client is provided a personal consultant or consultant team, dependent upon the size and complexity of the need. Our software is designed for adaptation to meet the needs of a single agent focusing only on automobile insurance to a large supplier with every type of product on the market. Let us improve your entire business management function!