Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Cut distribution expenses by as much as five times while tapping into previously overlooked markets by collaborating with Democrance to provide micro, retail, and commercial insurance products across all sectors, including property and casualty, life, and health. Insurers can envision rolling out new offerings in a matter of weeks rather than months, all while automating manual tasks to effortlessly connect with new customer demographics. Democrance equips you with a unified platform for managing all your insurance products, optimizing your operations, reducing average distribution costs by fivefold, and potentially increasing annual sales by approximately 28%, thus paving the way for innovative offerings in every line of business. Experience the launch of digital insurance solutions within just 2-6 weeks, ensuring minimal disruption to your current systems. The omnichannel capabilities of Democrance facilitate access to new market segments, support intermediaries, and allow exploration of options such as embedded and micro-insurance. Additionally, streamline your policy administration processes and significantly lower distribution costs from 20-30% down to just 5% of gross written premium, enhancing your overall efficiency and profitability. This transformation not only benefits your organization but also improves customer satisfaction by providing more accessible insurance solutions.
Description
For more than three decades, Micro 21 has specialized in delivering exceptional finance systems tailored specifically for automobile dealerships. The company first entered the market in 1974, utilizing programmable calculators to provide these essential services. Throughout the years, Micro 21 has consistently adapted to emerging hardware and software innovations. The key to Micro 21's enduring success lies in its unwavering commitment to its niche, focusing on high-quality finance solutions for the automotive sector. By maintaining strong communication with system users, the company ensures it is attuned to the ever-evolving demands of the industry. Additionally, as banks introduce unique requirements, Micro 21 is quick to respond and implement necessary adjustments. Customers can trust that all calculations and disclosures from Micro 21 align with the Truth in Lending Guidelines, reflecting the company's dedication to compliance and accuracy. This commitment not only strengthens relationships with clients but also reinforces Micro 21's reputation as a leader in the field.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$95 per month
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Democrance
Country
United Arab Emirates
Website
www.democrance.com
Vendor Details
Company Name
Micro 21
Website
www.m21.com
Product Features
Product Features
Auto Dealer
Accounting
Buy-Here-Pay-Here
Collections Management
Contact Database
Customer Database
Document Management
F&I Management
Financing Management
Form Printing
Inventory Management
Lease Management
New Car Dealer
New Car Lot
Online Inventory
Parts Management
Sales Management
Service Department
Used Car Lot
Website Integration