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What is Policy Tracking System?

The insurance industry is undergoing significant transformation, making it essential to have a robust policy administration system to capitalize on new opportunities. Silvervine has emerged as a leading choice for many of the nation’s top insurers and managing general agents (MGAs). This cutting-edge platform facilitates direct-to-consumer sales, enables distribution management, and enhances customer interaction through mobile engagement. Notably, around 40% of your premium revenue could stem from recurring monthly payments through ACH, American Express, and credit card transactions. The costs associated with these payments and the time taken to receive them can greatly influence your financial metrics. By adopting digital payment methods, you can streamline processing times and potentially enhance your income sources. Furthermore, Silvervine empowers you to leverage fresh opportunities while effectively managing risks, ensuring that your business stays agile and competitive in this rapidly shifting market. In such a dynamic environment, having the right tools at your disposal is paramount for sustained growth and profitability.

What is Insly?

Insly provides a wide array of software solutions that can be customized with your own unique modules, enabling you to optimize and fully automate the essential processes required to successfully run an insurance business. The platform encompasses all necessary components, including forms, workflows, a rating engine, a document template creator, an endorsement library, capacity management, and various other features. It offers built-in support for broker channels, ensuring effortless integration into your existing systems. Through APIs, users can access all functionalities, which helps in crafting an ideal Direct-to-Consumer experience. Standardized cases for new sales, mid-term policy adjustments, and renewals can be automated without any complications. Moreover, all premium accounting operations are handled efficiently, allowing for the generation of bordereaux and management reports with just a click. You also have the ability to create tailored reports and integrate third-party data, which significantly aids underwriters in the decision-making process. Additionally, the platform seamlessly aligns with your entire technology ecosystem, whether it involves legacy systems or modern solutions. This adaptability guarantees that your insurance operations are conducted smoothly and effectively, ultimately propelling your business towards greater success.

Media

Media

Integrations Supported

20Miles

Integrations Supported

20Miles

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$35 per user per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Silvervine

Company Location

United States

Company Website

www.silvervinesoftware.com

Company Facts

Organization Name

Insly

Date Founded

2001

Company Location

United Kingdom

Company Website

www.insly.com

Categories and Features

Insurance Policy

Cancellation Tracking
Claims Tracking
Policy Generation
Policy Issuance
Policy Processing
Quotes / Estimates
Rating Engine
Reinstatement Tracking
Reinsurance Administration
Renewal Management
Underwriting Management

Categories and Features

Insurance Agency

Claims Management
Commission Management
Contact Management
Document Management
Insurance Rating
Life & Health
Policy Management
Property & Casualty
Quote Management

Insurance Claims Management

CRM
Claims tracking
Customer portal
Document management
EDI data exchange integrations
Electronic claims
Fraud management
Reporting

Insurance Policy

Cancellation Tracking
Claims Tracking
Policy Generation
Policy Issuance
Policy Processing
Quotes / Estimates
Rating Engine
Reinstatement Tracking
Reinsurance Administration
Renewal Management
Underwriting Management

P&C Insurance

Billing & Invoicing
Broker / Agent Portal
Claims Management
Commission Management
Customer Portal
Document Management
Insurance Rating
Marketing Automation
Policy Management
Quote Management
Reinsurance Administration
Underwriting Management

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