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What is RenewalCompass?
RenewalCompass is a dedicated policy renewal system crafted specifically for independent insurance agencies with a team size of one to ten producers. It effectively connects the traditional methods of using spreadsheets with advanced agency management systems, offering agents and their teams a cohesive, risk-assessed summary of all policies due for renewal in their portfolios.
Every policy due for renewal undergoes automatic assessment based on factors such as premium size, remaining days until expiration, and recent engagement levels. This systematic evaluation helps in quickly identifying high-risk accounts, allowing producers to focus their daily efforts without needing to recreate a prioritization list each time.
The renewal process is segmented into five clear stages: Upcoming, In Progress, Committed, Renewed, and Lapsed, allowing for seamless transitions between these phases with just one click, along with a complete history of interactions for each account. This collaborative framework ensures that the team can operate from a unified platform, minimizing the risk of oversights during a producer's absence or during peak times for the agency, which significantly boosts overall efficiency. Additionally, this organized approach promotes enhanced communication and teamwork, which ultimately contributes to higher policy retention rates and stronger client relationships.
What is RapidLEI?
RapidLEI, recognized as an accredited provider of Legal Entity Identifiers (LEIs) by GLEIF, stands as the leading issuer of LEIs globally, distinguished by its vast number of active identifiers, and has held this accreditation since 2018 through Ubisecure. With the capability to efficiently register, renew, transfer, and oversee LEIs for more than 450,000 organizations, funds, and trusts within over 150 jurisdictions, RapidLEI boasts an impressive record of issuing the majority of LEIs on the same day.
Their complimentary LEI search tool grants users access to the extensive GLEIF Global LEI Index, comprising over 3.2 million entries, enabling searches by various identifiers such as company name, LEI, ISIN, or BIC without the need for account registration. Each entry is clearly presented, indicating its status as valid, lapsed, or retired, while also supplying renewal dates, verification details, and information regarding direct and ultimate parent ownership. Moreover, it encompasses Level 1 and Level 2 data, a Policy Conformity Flag, options for bulk lookups, and the capability to export data in JSON format, making it user-friendly and comprehensive.
For corporate groups and firms that need to manage multiple client LEIs, the EnterpriseLEI platform provides a centralized dashboard that streamlines bulk registration, automates multi-year renewals, monitors lapses, and facilitates transfers. In addition, this solution includes a REST API designed to assist with Know Your Business (KYB) processes and onboarding workflows, while also integrating the GLEIF Validation Agent framework tailored for banking institutions. This multifaceted service significantly boosts operational efficiency for clients, making LEI management not only simpler but also more strategic in nature. The combination of these features ensures that organizations can maintain compliance and effectively manage their identifiers with ease.
Media
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Integrations Supported
Applied Epic
EZLynx
HawkSoft
Jenesis Agency Management
Momentum AMP by NowCerts
QQCatalyst
Vertafore AMS360
Integrations Supported
API Availability
API Availability
Pricing Information
$59/month/2 users
For a solo agent or producer managing one book. 1 Producer Seat, 1 CSR
Free Trial Offered?
Pricing Information
€70 p.a. (registration)
Free Version
Supported Platforms
SaaS
Supported Platforms
SaaS
Customer Service / Support
Web-Based Support
Customer Service / Support
Standard Support
Web-Based Support
Training Options
Documentation Hub
Online Training
Training Options
Documentation Hub
Webinars
Online Training
Company Facts
Organization Name
Regency Software LLC
Date Founded
2016
Company Location
United States
Company Website
renewalcompass.com
Company Facts
Organization Name
Ubisecure
Date Founded
2002
Company Website
rapidlei.com
Categories and Features
Insurance Agency Management
Contact Management
Policy Management
Property & Casualty
Categories and Features
KYB (Know Your Business)
Not specified