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What is Practo Insura?

Practo Insura is a cutting-edge modular platform tailored for property and casualty insurance, enabling insurers, managing general agents, and reinsurers to oversee the full lifecycle of policies, billing, and claims. This platform allows teams to quickly introduce new insurance offerings, modernize legacy processes, maintain compliance across various states, and reduce manual interventions while overcoming operational challenges. The key features of Practo Insura encompass: • Extensive policy administration that spans from issuance to renewal • Streamlined billing and payment systems, which cover premium billing and collections • Integrated claims management that simplifies the entire journey from the initial notice of loss to final resolution • Sophisticated rating engine and quote management capabilities • An intuitive portal for insured clients paired with a consumer-facing point of sale interface • A specialized agent portal that includes quote-to-bind functionalities • Comprehensive compliance and filing workflows to support state expansion and regulation of rates/forms • In-depth reporting and operational analytics tools This platform not only boosts operational efficiency but also enables insurance professionals to prioritize providing outstanding customer service, ultimately leading to improved client satisfaction and loyalty.

What is Atlas by Cornerstone?

Cornerstone's Atlas serves as an all-encompassing compliance solution tailored for financial services companies navigating regulations in various states, helping them effectively secure and oversee their licenses, surety bonds, state registrations, and other vital compliance paperwork. Instead of juggling a disorganized array of state portals, spreadsheets, and approaching deadlines, users enjoy the advantages of a centralized dashboard that outlines the status of all licenses, includes automated reminders for renewals to avoid lapses, provides secure storage for essential documents like certificates and filings, and offers real-time updates on pending applications. Each user is paired with an experienced licensing specialist who focuses on their specific account needs. Atlas efficiently simplifies the management of licenses, bonds, documentation, filing tasks, renewal schedules, deadlines, and other responsibilities, granting real-time visibility, seamless document access, thorough work history records, due-date alerts, and a complete overview of licensing coverage across multiple states. With this innovative platform, clients receive dedicated support from a licensing expert from the beginning of the application process through ongoing renewals and efforts for business growth, ensuring a hassle-free compliance journey while allowing them to focus on their core operations. This approach not only enhances efficiency but also aligns with the best practices in regulatory compliance management.

Media

Media

No images available

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$50,000/year
Free Version
Free Trial Offered?

Pricing Information

Custom pricing
Free Version
Free Trial Offered?

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

Practo Insura

Date Founded

2023

Company Location

United States

Company Website

practoinsura.com

Company Facts

Organization Name

Cornerstone Licensing Services

Date Founded

1998

Company Location

United States

Company Website

cornerstonelicensing.com/atlas/

Categories and Features

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

Categories and Features

Compliance

Archiving & Retention
Artificial Intelligence (AI)
Audit Management
Compliance Tracking
Controls Testing
Environmental Compliance
FDA Compliance
HIPAA Compliance
ISO Compliance
Incident Management
OSHA Compliance
Risk Management
Sarbanes-Oxley Compliance
Surveys & Feedback
Version Control
Workflow / Process Automation

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