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Description
RenewalCompass serves as a specialized policy renewal pipeline designed specifically for independent insurance agencies with a team of one to ten producers. It bridges the gap between traditional spreadsheets and comprehensive agency management systems, providing agents and their teams with a unified, risk-assessed overview of all renewals in their portfolio.
Each policy within the renewal timeframe is automatically evaluated based on premium size, days until expiration, and recent engagement activity. This prioritization allows high-risk accounts to be easily identified, enabling producers to concentrate their efforts daily without the need to recreate a prioritization list.
The renewal pipeline is organized into five distinct stages: Upcoming, In Progress, Committed, Renewed, and Lapsed, featuring one-click transitions between stages and a complete contact history for every account. This collaborative approach ensures that the entire team operates from a single board, preventing any oversight during a producer's absence or during particularly busy periods for the agency, thereby enhancing overall efficiency. Moreover, this streamlined process fosters better communication and teamwork, ultimately leading to improved policy retention rates.
Description
SP Policy Management simplifies the entire lifecycle of policies and procedures, starting from their development to the electronic acknowledgment by employees or contractors. Leveraging SharePoint, Microsoft Teams, and the Power Platform, this user-friendly solution offers a seamless approach to ensuring compliance with various policies, including those related to HR, IT, Security, and Safety. Once policies receive approval, they can be published to the Policies Portal, allowing employees to access them while maintaining governance by their respective groups. This platform serves as a centralized hub where employees can search for, browse, and review the latest policies, along with their acknowledgment statuses. Additionally, it offers tools for managing and tracking policy expiration, renewal, and retention, while sending reminder notifications to policy owners. A policy calendar helps users stay informed about upcoming renewals, and there is a feature for emailing employee groups to confirm their understanding of the policies. Furthermore, the system allows for the scheduling and tracking of policy acknowledgment by various groups, ensuring that compliance is maintained across the organization. By providing these capabilities, SP Policy Management enhances overall organizational efficiency and accountability.
API Access
Has API
API Access
Has API
Integrations
Applied Epic
EZLynx
HawkSoft
Jenesis Agency Management
Microsoft 365
Microsoft Power Apps
Microsoft SharePoint
Microsoft Teams
NowCerts
QQCatalyst
Integrations
Applied Epic
EZLynx
HawkSoft
Jenesis Agency Management
Microsoft 365
Microsoft Power Apps
Microsoft SharePoint
Microsoft Teams
NowCerts
QQCatalyst
Pricing Details
$59/month/2 users
Free Trial
Free Version
Pricing Details
$15 per user per year
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
Regency Software LLC
Founded
2016
Country
United States
Website
renewalcompass.com
Vendor Details
Company Name
SP Marketplace
Founded
2012
Country
United States
Website
www.spmarketplace.com/sppolicymanagement.html
Product Features
Insurance Agency
Claims Management
Commission Management
Contact Management
Document Management
Insurance Rating
Life & Health
Policy Management
Property & Casualty
Quote Management
Product Features
Policy Management
Approval Process Control
Attestation
Audit Trails
Policy Creation
Policy Library
Policy Metadata Management
Policy Training
Reporting / Analytics
Version Control
Workflow Management