Insurance billing software helps insurers configure billing plans and invoice clients. Insurance billing products enable users to maintain non-standard payment arrangements and facilitate bill collection and accounts receivable reconciliation. These products also allow agents to create reports in the form of customer bill summaries, which detail policy costs for both business and personal lines of insurance. Some insurance billing products also offer online bill pay support. Insurance billing products can be utilized by insurance agencies of all sizes. These products are typically used by accounting departments at large insurance agencies and by agents at independent insurance agencies. Insurance billing products can streamline the premium billing process, reduce administrative costs and errors, and improve organizational cash flow. Insurance billing products can be implemented either as a standalone solution or as part of an integrated insurance suite.
To qualify for inclusion in the Insurance Billing category, a product must:
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Applied Epic is the industrys most technologically advanced, flexible and secure cloud-based agency management system, providing powerful automation capabilities and a greater level of visibility across an entire book of business. The system offers a single, open application with integrated capabilities to efficiently manage customer relationships, policy and benefits administration, sales automation, and financial accounting processes.
BriteCore provides a comprehensive Property and Casualty Insurance processing suite to insurers. BriteCore was built from the ground up using the latest modern technology. Deployed using the Amazon Web Services cloud, our enterprise-level software is continually updated to guarantee maximum security, efficiency, and durability at scale. More than 50 insurance carriers, MGAs, and start-ups rely on BriteCore to increase speed to market, improve competitive position, and support growth. Visit www.b