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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

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

An innovative approach to data aggregation that is agnostic to specific data sets. Noldor seamlessly collaborates with Managing General Agents (MGAs) across various technology platforms, thereby creating exceptional opportunities for MGAs, reinsurance brokers, and carriers or reinsurers. The platform establishes connections with top-tier carriers, Lloyd’s syndicates, and Bermuda reinsurers globally. Utilizing a continuous underwriting engine powered by AI and machine learning, Noldor provides consistent oversight of your business portfolio, revealing underlying factors that contribute to loss ratios. By automating bordereau reporting, contract management, and other data-related processes, you can significantly decrease back office costs. Advanced security measures, including bank-level encryption and API integrations, enhance cyber risk management and ensure compliance with regulations across multiple international jurisdictions. This level of security allows you to confidently delegate responsibilities. Additionally, with daily transparency into operations, program underwriters remain just a moment away. Furthermore, the ability to access program data through API facilitates growth for capital providers without significantly increasing their expenses.

API Access

Has API

API Access

Has API

Screenshots View All

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Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

$65/mo./user + cloud
Free Trial
Free Version

Pricing Details

No price information available.
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

Facio

Founded

1600

Country

United States

Website

www.facio.io

Vendor Details

Company Name

Noldor

Country

United States

Website

www.noldor.com/solutions

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