Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Facio delivers AI-driven software infrastructure tailored for specialty insurance entities, including Managing General Agents (MGAs). Our innovative platform, FacioMGA, caters to the entire policy lifecycle, encompassing submission intake, risk classification, underwriting, quoting, binding, policy issuance, endorsements, billing, commissions, compliance, reporting, renewals, and integrations. Clients can customize products, rating rules, eligibility standards, workflows, documents, and permissions without the need to overhaul technology for each individual program. Additionally, Facio provides independent solutions for surplus-lines tax and fee computation, SIC/NAICS classification, sanctions screening, actuarial tasks, and automated workflows for carrier declinations. Our Org2vec technology establishes a memory backed by evidence, linking policies, contracts, financial records, assets, suppliers, cybersecurity frameworks, and operational data. Meanwhile, Facio Eigen introduces a zero-trust control framework that enforces permissions, rules, approvals, and audit trails for AI-enhanced decisions and actions. By leveraging these advanced technologies, we empower organizations to streamline their operations and enhance compliance.
Description
IntellectAI offers a cloud-based insurance solution tailored for commercial and specialty carriers, managing general agents, brokers, and various insurance distribution teams. The platform features an Underwriting Ecosystem that integrates submission intake, risk data, decision support for underwriting, document management, and associated workflows; it also includes a Distribution Ecosystem designed to streamline the processes for brokers and wholesalers, covering everything from submission receipt to policy-document assessment. Key components of the suite consist of Magic Submission for efficient submission handling, Risk Analyst for enhanced data insights and risk evaluation, Xponent workbenches dedicated to underwriting and distribution tasks, and Magic Placement for the effective comparison of insurance documents. Businesses have the flexibility to adopt specific modules and tailor workflows to align with their operational needs. Additionally, the software is optimized for cloud deployment and seamlessly integrates with existing insurance frameworks and data systems, ensuring a comprehensive solution for evolving market demands. This adaptability makes it a valuable tool for organizations looking to enhance their insurance processes.
API Access
Has API
No
API Access
Has API
Yes
Screenshots View All
No images available
Integrations
No details available.
Integrations
No details available.
Pricing Details
$65/mo./user + cloud
Free Trial
Yes
Free Version
No
Pricing Details
No price information available.
Free Trial
Yes
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Facio
Founded
1600
Country
United States
Website
www.facio.io
Vendor Details
Company Name
Intellect Design Arena
Founded
2011
Country
India
Website
www.intellectai.com
Product Features
Product Features
Insurance Underwriting and Rating
Broker / Agent Portal
No
Carrier Upload
No
Commercial Lines
No
Comparative Insurance Rating
No
Customer Portal
No
For Casualty Insurance
No
For Health / Medical Insurance
No
For Life Insurance
No
For Personal Insurance
No
Multi-State
No
Multiple Line Rating
No