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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 Enrollment123?

Founded in 2001, E123 has emerged as a prominent player in the market, offering both insured and non-insured product platforms. The organization empowers over 250,000 agents to present a vast selection of more than 14,500 unique products to a lively community of 1.6 million active members. E123's all-encompassing platform supports every stage of the process, from initial member enrollment and management of policy lifecycles to efficient recurring billing that is tailored to meet organizational needs and product strategies, alongside effective management of both agents and members. In addition, the flexibility of the E123 Platform allows for customized solutions that are aligned with your business model and individual requirements, guaranteeing that each client receives dedicated support and resources tailored to their needs. This focus on personalization and operational efficiency distinguishes E123 from its competitors in the industry. With a commitment to continuous improvement, E123 strives to enhance user experience and adapt to the evolving demands of the market.

Media

Media

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 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

Enrollment123

Date Founded

2001

Company Location

United States

Company Website

sales.enrollment123.com

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

Billing and Invoicing

Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Dunning Management
Hourly Billing
Invoice History
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Service Ticket Billing
Tax Calculator

CRM

Calendar/Reminder System
Call Logging
Document Storage
Email Marketing
Internal Chat Integration
Lead Scoring
Marketing Automation Integration
Mobile Access
Quotes / Proposals
Segmentation
Social Media Integration
Task Management
Territory Management

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