What is Insurance Clouds

THE FASTEST AND EASIEST ONLINE SOFTWARE FOR INSURANCE DISTRIBUTION AND AUTOMATION

InsuranceClouds offers a comprehensive online insurance management system that encompasses various crucial components such as raters, applications, underwriting, documentation gathering, and policy/document issuance. This all-in-one platform provides carriers and wholesalers with an exceptional advantage, allowing them to swiftly enter the market. Firstly, InsuranceClouds’ integrated raters enable carriers and wholesalers to quickly assess risk and generate accurate quotes. With this feature, they can efficiently evaluate multiple insurance options and provide customers with instant quotes, thereby streamlining the sales process and enhancing customer satisfaction.

Moreover, InsuranceClouds simplifies the entire underwriting process, reducing the time and effort required to evaluate and approve applications. The system offers a user-friendly interface that facilitates seamless data collection and analysis, enabling carriers and wholesalers to make informed underwriting decisions promptly. Additionally, the platform’s documentation gathering feature centralizes all necessary documents, eliminating the need for manual paperwork and reducing administrative burdens. This not only saves valuable time but also ensures compliance and enhances data security.

Furthermore, InsuranceClouds expedites the policy and document issuance process. By automating this critical step, carriers and wholesalers can promptly generate and distribute policies and related documents to customers, resulting in faster turnaround times. This efficiency boosts operational productivity, reduces overhead costs, and enables companies to respond swiftly to market demands.

InsuranceClouds is an exceptional online insurance management system that caters to the needs of carriers and wholesalers. By integrating raters, applications, underwriting, documentation gathering, and policy/document issuance, this platform empowers businesses to swiftly enter the market and effectively manage their operations. With its user-friendly interface and automation capabilities, InsuranceClouds enables carriers and wholesalers to save time, increase productivity, enhance customer satisfaction, and ultimately gain a competitive edge in the insurance industry.

Features

  • Raters
  • Underwriting
  • Submissions
  • Quote Packets
  • Finance Agreements
  • Web Services
  • Payment Processing
  • Document Handing and Approval
  • Policy Issuance
  • Reporting
  • Endorsements and Cancellations
  • Automated Renewals
  • Binding
  • Audits
  • CRM and communication tracking