Insurance Software and Insurance Management Software Systems

Benefits
Features
Implementation
Product Comparison

	Increase profitability through the establishment of hands-off standardized business processes and operating procedures. Squeeze more from your thinner margin or volume business.
	Know exactly where your business stands at any time. Establish, measure and report on financial and operational metrics and standards, to reveal inadequacies, highlight successes and illuminate opportunities.
	Collaborate with your business partners in real-time, earning a go-to preference, and driving more revenue home.
	Increase productivity by deploying all the forms you need to efficiently and accurately transact business with your carriers; custom or standard, and serviceable within Nexsure.
	Drive effective collaborative executive and management decision making based on deep and granular financial reporting and accounting controls.
	Witness retention rates and revenue climb, as you build client and channel loyalty, in a market where service is a critical differentiator. Clients will reward you with more of their business and referrals from the higher levels of service and value provided.
	Operate combined wholesale and retail business from one system. Slash costs from multiple systems, reduce the learning curve and training costs, benefit from cross-sell, enjoy single entry, and eliminate systems integration projects!
	Offer a complete, secure and compelling web interface solution for engagement of your agents and insured’s for business submissions, self-service, quoting and access to client information any time of the day.

	Insurance Processing for MGA’s/GA’s, Program Managers/Administrators, Wholesalers and Brokers - Provides all the comprehensive and robust insurance processing features and workflows required for wholesale operations.
	Retail Agent Assignment – Assign or change retail agent to any policy within a client (insured’s) file, allowing for appropriate billing, management and reporting on retail agent’s activity. Once assigned, the policy or quote will also appear in the retail agent file, and be made available to the retail agent portal.
	Retail Agent File – Create unlimited retail agent files, contacts, locations, profiling information, actions, policies, quotes, attachments, commission structures, invoice posting rules and respective default values. View all quotes, policies and details in one place. Jump to any associated client file in one click for additional references.
	Gross or Net Billing to Retail Agent - Compensate your retail agent by commission, or allow them to pass along the net due, on a policy by policy basis.
	Flexible Compensation and Payment – Compensate multiple parties for business earned or repeat business. Assign commissions to multiple parties with rates defaulting, depending on the scenario (new, renew, rewrite). Easily accommodate the multitude of state and regulatory fees and taxes you must cope with.
	Policy Issuance – Build policy templates via Microsoft Office, by any line of business; package, custom or standard – however you like, and store within a library. When ready to issue, simply attach to your client file (data merge will be initiated) and then deliver. A time stamped record is kept of the delivery and the issued policy.
	Highly Configurable – Customize by adding solution options and lines of business, as needed, to fit your business practices and budget requirements.
		Custom Lines of Business - for expedited, pertinent, and serviceable quality operations.
		Retail Agent Portal and/or Client Access Portal - for collaborative and inclusive operations.
		SubmissionSuite – for a direct submission pipeline from your applicants or agents.
		Nexsure Underwriter – for your MGA, program operations, rating or quoting needs.

Nexsure\|express implementation consists of the following steps, guided by an expert XDimensional Professional Services Account Manager. Since Nexsure\|express is highly configurable, more or less time can be estimated depending upon the options elected. SubmissionSuite may be deployed within your respective Nexsure portals (client access or retail agent), within your access portal, or exposed directly from your website. Retail Agent or Client Access Portals may be deployed as part of your website, or as a separate branded site.
1.	Use analysis and organization hierarchy configuration
2.	Data Conversion (if moving from a prior system), Carrier Initial Loads, or both
3.	Accounting rules selection and setup
4.	Carrier setup and commission structures input
5.	Actions, Classifieds, and Template naming conventions
6.	Custom report definitions (if elected)
7.	Training (Nexsure, EAI, Data Warehouse) as elected
8.	Go-live and go-live support

	Nexsure express	Nexsure excite
Client Relationship Management
Client & Contact Management	√	√
Opportunity Management	√	√
Client Demographic	√	√
Campaign Management	√	√
Client/Policy Classification Management	√	√
Retail Agent Assignment	√	√
Delivery Engine (Fax/Email)	√	√
Policy Servicing
Quote/Marketing	√	√
Edits	√	√
Endorsements	√	√
Out of Sequence Endorsements		√
Audits	√	√
Claims	√	√
Renewals	√	√
Lines of Business
ACORD P&C	√	√
Carrier Specific	√	√
Custom	optional	optional
Accounting
General Ledger	√	√
Invoicing	√	√
Cash Receipts	√	√
Disbursements	√	√
Reconciliations (carrier, people, client)	√	√
Deposits	√	√
Journal Entries	√	√
Third Party Billing	√	√
Retail Agent Billing	√	√
Accounting - Advanced
Intra-Office Accounting		√
GL Allocations		√
Automated Lockbox Processing		√
Service Center
Global Accounting Processing		√
Microsoft Office Integration
Word	√	√
Excel	√	√
Outlook	√	√
Carrier Interface
IVANs Integration Downlink	√	√
IVANs Integration Uplink	√	√
Policy Downloads	√	√
Commission Downloads	√	√
Carrier Collaboration	√
Real-time Submission	√	√
eServices	√	√
Integration Features
Third-Party Rating	√	√
Enterprise Application Integration	optional	√
eLinks	optional	√
Reporting
Standard	√	√
Custom	optional	optional
Data Warehouse	optional	√
Portal
Client Access	optional	optional
Retail Agent Access	optional	optional
SubmissionSuite	optional	optional