Custom insurance software solutions, including automated quote-to-issuance Policy Management Systems (PMS), agency-wide administration, and dynamic insurance rate algorithms, with customizations for life, health, vehicle, property, and liability insurance, as well as reinsurance and bancassurance. We engineer agent portals and client-facing enrollment apps, programmed with authentication and fraud protection protocols.
We code insurance quoting software with custom underwriting algorithms for qualitative risk assessment and premiums calculation. We integrate with Insurance Services Office, Inc. (ISO) and Xactware technologies (including Xactimate and XactAnalysis) to leverage their statistical insurance data and specific policy information in order to provide the most accurate quotes.
We build cloud and SaaS-based insurance agency network architectures and Customer Relationship Management (CRM) systems with modules for leads generation, individual and group policy management, task management, and carrier information. We program custom systems to automate client communications, agent assignments, and marketing efforts.
Development of claims management systems for easy claims data collection, authentication, and submission to carriers, in accordance with Acord standards and using prepopulating Acord forms. Integration of iFrame widgets for client claims submissions, as well as modules for forecasting reserves and optimizing pricing.
Programming of regulatory intelligence engines that automate processes and prompt actionable requirements. We engineer modules for documenting behavior for audit trails and compliance exams, responding to client complaints, and ensuring proper reporting of incidents. We ensure insurance ERM systems comply with Own Risk and Solvency Assessment (ORSA) standards and Model Audit Rules.
We program Enterprise Risk Management (ERM) systems for insurance agencies that track Key Risk Indicators (KRI) in real time, including actuarial, credit, and catastrophic risks, and alert users of relevant preventative actions. We program insurance agency ERM software with customizable common risk libraries and criteria templates, what-if analysis tools, automated mitigation protocols, and dynamic heat maps.
We develop hybrid and cross-platform mobile apps for client self-service and claims submissions. We program claims adjuster field apps integrated with the Pruvan API for rule-based access, real-time agent tracking, customizable forms, attaching and cataloging photo evidence, and payment processing.
Custom document capture modules and policy form generation integrated to cloud-hosted Document Management Systems (DMS). Advanced, real-time search capabilities and document taxonomies for the seamless organization and database querying of contracts, policies, endorsements, licenses, and marketing materials.
Chetu's insurance software development experts comply with regulatory standards including specifications put forth by the Association for Cooperative Operations Research and Development (ACORD) and the National Association of Insurance Commissioners (NAIC).