Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Practo Insura is an innovative modular platform for property and casualty insurance, designed to manage the entire policy, billing, and claims lifecycle for insurers, managing general agents, and reinsurers. By utilizing this platform, teams can expedite the launch of new insurance products, upgrade outdated processes, ensure compliance across different states, and minimize manual tasks while alleviating operational barriers.
Key functionalities of Practo Insura include:
• Comprehensive policy administration covering everything from issuance to renewal
• Efficient billing and payment processes, including premium billing and collections
• Integrated claims management that streamlines the entire process from first notice of loss to final settlement
• Advanced rating engine and quote management features
• User-friendly portal for insured individuals and a consumer point of sale interface
• A dedicated agent portal equipped with quote-to-bind functionalities
• Robust compliance and filing workflows to facilitate state expansion and governance of rates/forms
• Detailed reporting and operational analytics capabilities
This platform not only enhances operational efficiency but also empowers insurance professionals to focus on delivering exceptional customer service.
Description
Accurately estimating insurance losses necessitates a diverse array of skills, knowledge, tools, and access to relevant information. These components must harmoniously work together to generate precise, real-world evaluations, enabling both the insurance company and the policyholder to achieve a satisfactory resolution. The iScope® insurance claim software serves to integrate all these aspects into a user-friendly application, providing users with 30 days of complimentary access to the most current pricing data from the Company® database. Specifically created for public insurance adjusters by Texas public adjuster Stephen Hadhazi, iScope® is a free application that emerged from Hadhazi's own frustrations with existing software. Utilizing his software development expertise, Hadhazi crafted a more effective solution that resolved the limitations present in other programs. Recognizing he had effectively "built a better mousetrap," he meticulously refined the software and made it available to fellow insurance adjusters. By doing so, Hadhazi not only improved the user experience but also contributed to enhancing the overall efficiency of the insurance claims process.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
$50,000/year
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
Yes
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
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Practo Insura
Founded
2023
Country
Austin, Texas, USA
Website
practoinsura.com
Vendor Details
Company Name
iScope
Website
iscopesoftware.com/index.php
Product Features
P&C Insurance
Billing & Invoicing
Yes
Broker / Agent Portal
Yes
Claims Management
Yes
Commission Management
Yes
Customer Portal
Yes
Document Management
Yes
Insurance Rating
Yes
Marketing Automation
No
Policy Management
Yes
Quote Management
Yes
Reinsurance Administration
Yes
Underwriting Management
Yes
Product Features
Construction Estimating
Accounting Integration
Yes
Audit Trail
Yes
Bid Management
No
Billing & Invoicing
No
Building Product Database
No
Calculators
No
Change Orders
No
Contract Management
No
Cost Database
No
Customer Management
No
Customizable Templates
Yes
Electrical Estimating
Yes
HVAC Estimating
Yes
Historical Database
Yes
Job Costing
No
Plumbing Estimating
Yes
Price Data / Price Books
Yes
Project Management
No
Quote Management
No
Reporting/Analytics
Yes
Scheduling
No
Subcontractor Management
No
Takeoff
No
What-if Analysis
Yes