tigerlab vs. Macaw AMS

tigerlab is an insurance software company with two product lines, each built for a different type of business. For insurance brokerages, the tigerlab Broker Management System (BMS) is an agency management system that brings clients, policies, documents, renewals and accounting into one place. It calculates commissions, creates invoices and credit notes automatically, and runs compliance checks, such as sanctions screening, that are set up for each country. Brokerages can run several countries and branches on one system and connect to market platforms including BiPRO in Germany and EcoHub in Switzerland. For insurers, MGAs and embedded insurance providers, the tiger suite (formerly i2go) provides policy administration, billing, claims management and distribution management. Each system works on its own or with the others. All tigerlab software is API-first, runs in the cloud or on-premises, and is backed by SOC 2 Type II attestation and ISO 27001 certification. Book a demo at tigerlab.com!

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.