SimpleINSPIRE – Insurance Policy Management

Ease of doing business is the cornerstone of our Policy Management Function

Platform Built for Modern Policy Lifecycles

  • SimpleINSPIRE – Policy Management system is a platform with a visionary architecture and a foundation built on disruptive technologies for digital first enablement. It empowers you to drive change rather than be driven by change. Introduce new norm policy products with confidence.
  • SimpleINSPIRE – Policy Management system comes pre-built with several production proven functions to configure, manage and digitize the policy administration life cycle, making it easy to quickly implement new and innovative policy products. Say goodbye to Legacy system LOB Silos.
  • Take on digitization at your own pace, without being overwhelmed by it.

Go Digital with Seamless Insurtech Integrations

  • Leverage Omni channel ingestion of quotes to significantly increase quote volumes and provide a superior experience to your customers and producers. Automate the ordinary and utilize human assets for the extraordinary.
  • Take advantage of the platform’s seamlessly integrated Insurtech Ecosystem to get customer insights and make data driven business decisions.
  • Leverage several user efficiencies features, automation and a simple yet effective workflow function to minimize or eliminate manual tasks to manage your policy lifecycle.

Provide Exemplary Customer Service

  • The platform has a number of customer care and self-service features that allow Company CSRs and Agencies to quickly deliver the kind of service that policyholders would regard as exceptional.
  • With a 360 view of a policyholder and several channels to interact with them, answer information requests, document requests, accept PII compliant payments, provide what-if quotes and easily make real time policy changes providing exemplary insurance customer service.
  • The platform comes with a self-service Customer portal to reprint policy forms, invoices, view accounts, make payments, check status of claims, etc.

Built-in Compliance Management

The insurance policy management platform comes with an abundance of built-in insurance compliance, all enforced with no manual intervention. Some examples are;

  • eSignature of insurance apps, endorsements, consent for paperless delivery, No-Known-Loss, etc.
  • Non-pay Cancel Notice based on state rules with Cert. of Mailing.
  • Notice of non-renewal and underwriter cancellation, with required notice days by state and cancellation reason.
  • Rescission of Cancellation, Continuation of Coverage and Reinstatement of coverage

Auditable and Cross Balancing Reports

  • The platform comes with a rich set of operational reports, eliminating a substantial amount of manual work involved in compiling operational and complex financial reports.
  • A key aspect of SimpleINSPIRE Reporting is that any report can be re-run at any time for any past time period to produce the same results. No In-place financial transaction is ever modified or deleted, instead adjusted through compensating or offsetting transactions.
  • It is easy to cross balance financial numbers across different reports to the penny, avoiding differences within audit tolerance. This makes reports very reliable and auditable.

SimpleINSPIRE - Core Features

Collaborative Insurance Agent Portal

What Underwriters see is exactly what the Producers See

  • Underwriters & Producers Use the Same System
  • Automated Agency Commission Processing
Insurance Agent Portal

Automation for Touchless Insurance Processing

The SimpleINSPIRE platform is very rich in automating insurance processes

  • Automation for Policy Touch Free Processing
  • How much can you Automate
Touchless Insurance Processing

Integrated BOT - Your AI Assistant

Tara, your AI assistant Bot helps you in many intelligent ways

  • Tara knows where you are and who you are
Your AI Assistant

Scalability and Security Compliance

Mitigate Risks from System Limitations in your Insurance processing environment

  • High Performance and Scalability
  • Security Compliance
Security Compliance

Expanding Insurtech Ecosystem

SimpleSolve’s ecosystem approach offers our clients 70+ game changing Insurtech products and services that provide unmatched ability to gain market leadership through innovative products thereby creating sustainable value.

Insurtech Ecosystem