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What is Exasure?

Exasure provides a comprehensive insurance software ecosystem tailored for carriers, managing general agents (MGAs), program administrators, MGA platforms, brokers, and distributors. This ecosystem consists of various elements that improve underwriting, document management, digital engagement, data analysis, and the upgrade of core systems. The Intelligent Risk Assessment feature simplifies the process of submission intake, supports risk evaluation, and automates underwriting tasks. Moreover, the Intelligent Document Processing tool effectively extracts essential information from insurance documents. The Digital Engagement Platform offers personalized self-service options for clients, while Datalytics is dedicated to producing detailed reporting and analytics concerning insurance data. Additionally, Exasure One enhances Guidewire InsuranceNow by incorporating digital engagement, automation, analytics, and connectivity. This flexibility enables organizations to tailor their capabilities around existing core systems, facilitating the introduction of specialty and multi-line products, streamlining program operations, improving distribution, and promoting interconnected insurance workflows. Overall, Exasure’s modular design not only empowers insurers to respond to market changes but also encourages continuous innovation within the industry. In this way, Exasure positions itself as a key player in shaping the future of insurance technology.

What is Democrance?

Reduce distribution costs by up to five times while exploring untapped markets through a partnership with Democrance, which offers micro, retail, and commercial insurance products across various sectors, including property and casualty, life, and health. Insurers can anticipate launching new products within weeks instead of months, all while automating previously manual tasks to connect seamlessly with new customer groups. Democrance provides a comprehensive platform for managing all insurance offerings, optimizing operations, and slashing average distribution costs by fivefold, potentially boosting annual sales by around 28%, thereby creating opportunities for innovative products across all business lines. Experience the rapid deployment of digital insurance solutions in just 2-6 weeks with minimal impact on your existing systems. The omnichannel features of Democrance enable access to new market segments, support for intermediaries, and options for embedded and micro-insurance exploration. Furthermore, refine your policy administration processes and dramatically cut distribution costs from 20-30% down to merely 5% of gross written premium, enhancing both efficiency and profitability. This evolution not only transforms your organization but also elevates customer satisfaction by offering more accessible insurance solutions, ultimately ensuring a stronger market position for your business. Embrace this change to stay competitive in the evolving insurance landscape.

Media

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Media

Integrations Supported

Guidewire

Integrations Supported

API Availability

API Availability

Has API

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

Not specified

Supported Platforms

SaaS

Customer Service / Support

Not specified

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Online Training
On-Site Training

Company Facts

Organization Name

Exasure

Date Founded

2018

Company Location

United States

Company Website

exasure.ai/

Company Facts

Organization Name

Democrance

Company Location

United Arab Emirates

Company Website

www.democrance.com

Categories and Features

AI Insurance

Not specified

Insurance

Not specified

Categories and Features

Insurance

Not specified

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