Policyflow vs. Macaw AMS

Designed for growing UK brokerages and insurance intermediaries, Policyflow brings sales, placement, servicing and renewal activity into one modern business platform. It supports the journey from initial enquiry and quotation to binding, mid-term changes, document production, finance and management reporting. Shared records give teams a reliable view of clients, contacts, risks and policies, with permissions, ownership and audit trails built in. Organisations can begin with a straightforward Essentials setup and move to Pro when they need richer configuration, specialist workflows, APIs or integrations. Policyflow has operated in production since 2015.

Macaw AMS serves as a robust platform for selling insurance, utilized by brokers, MGAs, MGUs, Program Managers, and Lloyds Coverholders to streamline their business processes effectively. Designed with a focus on customer needs, it encompasses functionalities for CRM, Sales, and Underwriting, providing customers, producers, and service providers with access to user-friendly self-service portals. Additionally, Macaw AMS includes integrated Document Management and Task Management features, along with adaptors for seamless services such as eSignature, Payments, OFAC checks, and Mass Emailing, utilizing third-party solutions. The data analytics capabilities of Macaw AMS deliver advanced data visualization through predefined dashboards, enabling users to upload datasets and explore dynamic charts that offer insightful, multi-dimensional perspectives. With interactive, real-time visualizations, users can identify trends and derive insights that promote well-informed decision-making. Hosted on a secure cloud infrastructure, Macaw AMS is built on a relational database, with its primary Java-based components crafted in Java, allowing for efficient processing of 500-1000 policies daily at peak performance. As a notable benefit, Macaw AMS aims to decrease the per-policy costs by 30%, making it an attractive choice for insurance professionals looking to optimize operations. Ultimately, its comprehensive features and cost-saving potential position Macaw AMS as a transformative solution in the insurance industry.