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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 Brisc AI?

Brisc represents an innovative insurance software solution powered by AI that seeks to boost efficiency, simplify workflows, and enhance decision-making for insurance teams by automating complex operational tasks across various domains, such as carriers, managing general agents (MGAs), reinsurers, and brokers. The software features a suite of dedicated AI agents that act as digital employees, adeptly managing responsibilities like reconciling bordereaux with financial statements, extracting and verifying submissions and claims data, and prioritizing submissions based on underwriting criteria while following defined business protocols and processes. Equipped with a user-friendly natural language AI interface and a centralized hub called Brisc Insights, users have the capability to ask questions, gather instant insights, and collaborate with agents to refine workflows, generate reports, and automate labor-intensive tasks. Furthermore, Brisc is constructed on a powerful AI framework that consolidates data, sustains contextual comprehension, and continually adapts, utilizing advanced technologies that allow it to understand, analyze, and act on intricate insurance documents. This groundbreaking approach not only enhances operational efficiency but also allows insurance professionals to dedicate more time to strategic initiatives, ultimately driving growth and innovation within the industry. By minimizing the routine burden of operational duties, Brisc transforms the role of insurance teams, enabling them to prioritize high-value activities that can lead to better outcomes for their clients.

Media

Media

Integrations Supported

Adobe Acrobat Reader
Azure Marketplace
Azure OpenAI Service
ChatGPT
Claude
Microsoft Azure
Microsoft Excel

Integrations Supported

Adobe Acrobat Reader
Azure Marketplace
Azure OpenAI Service
ChatGPT
Claude
Microsoft Azure
Microsoft Excel

API Availability

Has API

API Availability

Has API

Pricing Information

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

Pricing Information

Pricing not provided.
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

Practo Insura

Date Founded

2023

Company Location

United States

Company Website

practoinsura.com

Company Facts

Organization Name

Brisc AI

Date Founded

2023

Company Location

Canada

Company Website

brisc.ai/

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

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