Best Insurance Policy Administration Systems

Insurance policy administration systems act as the record management system for all insurance policy-related information. This includes records such as quotes, rating actions, issuances, renewals, and more.

Insurance policy administration solutions are designed to manage an insurance company’s entire catalogue of policies on offer and all policies they have issued. Insurance policy administration systems manage the entire policy lifecycle, including housing and updating policy details, updating new billing information, tracking beneficiary changes, ending policies, designing transaction workflows, and more.

Insurance policy administration systems often come packaged within insurance suites software or integrate with underwriting and rating software.

To qualify for inclusion in the Insurance Policy Administration Systems category, a product must:

  • Manage all existing and historical insurance policies
  • Update policy records
  • Manage the entire policy lifecycle from issuance to termination
  • Produce policy-specific reports
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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.

    (5)4.8 out of 5
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    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

    Oracle Insurance Policy Administration for Life and Annuity helps insurers improve service while optimizing business performance.

    IVANS Download automates the exchange of critical policy-related information to ensure the most up-to-date information is instantly available at the moment you need it.

    Software for accounting, agency billing, premium finance, return premium, commission, account current specialists, and ACORD Forms.

    Allows agencies to keep track of their policy renewals and analyze their entire book of business.

    InsPro Enterprise™ is an end-to-end insurance policy administration suite that helps you administer a full spectrum of products, expedite new product launches, and serve customers, members, and agents more efficiently. Engineered to be highly flexible, the system comes fully loaded with preconfigured, product-specific templates that allow configuration analysts to perform everyday tasks. InsPro Enterprise includes system functions that are core (for operational areas) or cross-functional (to sup

    Mobile app designed to increase retention rate and automate day to day tasks such as Certificate Requests and Policy Changes.

    Collaborus Cloud is a full lifecycle insurance distribution and policy processing platform.

    It stands in a unique position for its innovation, powerful core business expertise, integrated support systems, and quality of service.

    Offload inactive content from production applications to reduce costs, increase application performance and create a compliant environment

    Core General Insurance Policy Administrative System

    Information system for all fields of insurance; policy administration and claims settlement.

    INSolves Policy Administration Suite (IPAS) offers enhanced policy management that not only administers but also helps automate the complete lifecycle of an insurance policy.

    Full cycle policy administration including claims management.

    IVANS Bookroll is a data extraction service that allows you to easily receive and evaluate Applied Epic and Applied TAM agencies' book of business data, so you can grow and analyze your book of business as you expand relationships, appoint new agents or enter new markets.

    IVANS Inquiry is an end-to-end integrated solution that enables your agency to securely retrieve insurance company account status information

    Mantacore CS is a comprehensive administrative insurance system developed to meet the needs of insurance companies and their customers.

    Allows users to enter applications, rate, track and administer your property/casualty book of business.

    Serving small to mid-sized life insurance companies with proven, reliable and intuitive policy administration solutions since 1988. Nearly 50 companies trust QLAdmin for expert processing of their traditional life, health and annuity business. Also offering an out-of-the-box solutions for Medicare Supplement claims auto-adjudication for all plans in every state.

    QUILT means Quality Insurance Transactions and it is stitching together disconnected insurance system processes and implementing an insurance industry communications standard. With QUILT, the InsuranceIsland infrastructure enables both carriers and independent agencies to not only share data, but to also process real-time insurance transactions, such as quotes, renewals, New Business and other electronic communication.

    A web-based Submission solution built for Independent Insurance Agents and General Agencies.

    Boost customer service with an easy-to-use application that supports the full sales and service lifecycle

    Real-time internet/intranet ready policy management solution for the Insurance industry.

    Latest Insurance Policy Administration Systems Articles