Best On-Premise P&C Insurance Software of 2024

Macaw AMS can be used to sell Insurance. Macaw AMS can be used by brokers, MGAs or MGUs, Program Managers, and Lloyds Coverholders to automate their operations. Macaw AMS was built with a customer-centric approach. It supports CRM, Sales and Underwriting. Customers, producers, and service providers can access self-service portals. Macaw AMS has built-in Document Management and Task Management capabilities. It is equipped with adaptors that allow for integrated and in-flow services such as eSignature, Payments, OFAC checks, Mass Emailing, Computer Telephony, and Mass Emailing, using 3rd Party Services. Macaw AMS is hosted on cloud and tested for cybersecurity. Technology-wise, the screens can be accessed from any device: web, mobile or tablet. The database is relational, and the core components of the Java-based application are written in Java. Macaw AMS is capable of processing 500-1000 policies per day at its peak. Macaw AMS is expected reduce per policy costs by 30%.

Claims and Litigation Management Software for Captive or Risk Retention Group property or casualty claims. Direct Claim Solution provides a complete system that manages vendor, claims, and policy management for Self-Insured programs, Captive programs, or Risk Pool programs. This tool provides industry-specific tools for analyzing and investigating law. Modules for litigation management, subrogation, loss recovery and document management are included. The Merge feature allows for easy email or letter creation. The robust report screen allows management to query multiple conditions of claims by date ranges, state of loss and exposure type. External service providers can access the system and populate the fields as required to speed up reporting and collaborative analysis. See our website at www.directclaimsolution.com

The Sapiens Platform to Property & Casualty offers a complete, end-to-end, cloud-based or on-premise suite of software products with advanced digital capabilities. It can be used as a pre-integrated platform or as a standalone system. It offers a variety of solutions that address all P&C carrier requirements, across all lines and distribution channels. Sapiens CoreSuite Property & Casualty consists of Sapiens PolicyPro Property & Casualty which manages all aspects of policy administration, including rating, rating, policy issuance, and claims payments. Sapiens BillingPro Property & Casualty ensures that premiums and claims payments are collected and processed accurately. Sapiens ClaimsPro Property & Casualty handles claims management and settlement. It also offers a reinsurance solution.