What is Macaw AMS?

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.

Pricing

Price Overview:
Flexible on-request pricing: depends on extent of customization, configuration, integration, data migration and disaster recovery related requirements.

Screenshots and Video

Company Facts

Company Name:
Nest Innovative Solutions
Date Founded:
2011
Company Location:
India
Company Website:
Edit This Page

Product Details

Deployment
SaaS
Windows
Linux
iPhone
iPad
Android
On-Prem
Training Options
Documentation Hub
Online Training
Video Library
Support
Standard Support
24 Hour Support
Web-Based Support

Product Details

Target Company Sizes
11-50
51-200
Target Organization Types
Mid Size Business
Small Business
Startup
Supported Languages
English

Macaw AMS Categories and Features

P&C Insurance Software

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

Insurance Underwriting and Rating Software

Broker / Agent Portal
Carrier Upload
Commercial Lines
Comparative Insurance Rating
Customer Portal
For Casualty Insurance
For Health / Medical Insurance
For Life Insurance
For Personal Insurance
Multi-State
Multiple Line Rating

Insurance Policy Software

Cancellation Tracking
Claims Tracking
Policy Generation
Policy Issuance
Policy Processing
Quotes / Estimates
Rating Engine
Reinstatement Tracking
Reinsurance Administration
Renewal Management
Underwriting Management

Insurance Agency Software

Claims Management
Commission Management
Contact Management
Document Management
Insurance Rating
Life & Health
Policy Management
Property & Casualty
Quote Management

Commercial Insurance Software

Billing & Invoicing
Broker / Agent Portal
Claims Management
Commission Management
Customer Portal
Document Management
Insurance Rating
Policy Management
Quote Management
Reinsurance Administration
Risk Assessment
Underwriting Management

More Macaw AMS Categories

Macaw AMS Customer Reviews

Write a Review
  • Reviewer Name: A Verified Reviewer
    Position: VP of Operations
    Has used product for: 2+ Years
    Uses the product: Daily
    Org Size (# of Employees): 26 - 99
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Macaw Review

    Date: Dec 16 2024
    Summary

    Macaw is a leading AMS solution because it offers immense opportunity for customization allowing your business to focus on growth knowing there is a scalable solution supporting operations.

    Positive

    Macaw has transformed the operations of our organization resulting in an optimized service experience for our customers. The automation of our key workflows from CRM to commission accounting has improved accuracy/efficiency by removing opportunity for human error. Our team benefits from the ability to easily collaborate on our accounts using Macaw's internal tasking system. The Nest customer support team has always promptly addressed our questions and supported our development projects.

    Negative

    Front end reporting dashboards could be more customizable.

    Read More...
  • Reviewer Name: Christopher J.
    Position: Business Analyst
    Has used product for: 1-2 Years
    Uses the product: Daily
    Org Size (# of Employees): 26 - 99
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Macaw AMS Review

    Updated: Nov 25 2024
    Summary

    In my 2 years of using Macaw, it is one of the most customizable products I have used. Once you understand how Macaw works, it is very manageable to use. I do not believe that the learning process to use the system is that long either. The development team is very helpful with explaining how the system works, and answers any queries we have about the system. They are also able to manipulate the product to satisfy our needs, even with the most complex enhancements.

    Positive

    This product is very helpful with the our team's daily operations. The development team has ben very helpful with bug fixes and enhancement to improve the product to our business needs. The product is very customizable, so they are many ways to utilize the system.

    Negative

    One improvement could be the timing of dashboards when we try to retrieve information. If there was a way in which the dashboard speed can be improved, that would be very helpful.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Sr. Business Analyst
    Has used product for: 2+ Years
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Macaw User

    Date: Nov 21 2024
    Summary

    Macaw AMS is an efficient tool for streamlining insurance agency operations, offering a comprehensive suite of features tailored for policy management. Its user-friendly design and integrations make it ideal for modernizing workflows.

    Positive

    System provides greater productivity by handling documents generation, payment gateways, marketing automation and claims management.

    Negative

    Some customization could be limited. Also had some issue with special characters.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: User
    Has used product for: 1-2 Years
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Macaw AMS Next Generation

    Updated: Oct 29 2024
    Summary

    Great software for Insurance product and service providers like - retail brokers, managing general agencies and managing general underwriting service staffs.

    Positive

    Upgrade insurance products, add new product-lines, eSignature, Online Payment gateway, OFAC check, Mass Emailing, Sales force management, AP/AR, CRM and last but not least, Macaw Explorer, a new generation BI engine - all integrated in Macaw AMS.

    Negative

    Domain expert and leading Insurtech for US market has got potential to serve other parts of the globe.

    Read More...
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