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Showing posts from November, 2022

Centralize Client Information and Data Security with Insurance Agency Management Software

In today's era, managing insurance policies has become significantly more efficient compared to the past. Previously, insurance agencies had to store policy data in multiple locations, often relying on Excel sheets, which posed a high risk of data loss and lack of security, making sensitive information vulnerable to leaks. Recovering lost data was challenging, as there were no dedicated software solutions, leading to inefficient operations and excessive time consumption. Back then, insurance agencies primarily managed their work manually using paper-based records and spreadsheets, requiring significant manpower and time. However, with modern advancements, almost all insurance-related tasks are now handled through specialized software. These solutions streamline processes, reduce operational time, minimize errors, enhance data security, and significantly lower the risk of data loss, ultimately improving efficiency for insurance agencies. Several software solutions are available in...

Advantages of Owning a Reinsurance Broking Software

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Reinsurance brokers play an important role in the insurance broking market; they are one of the industry's main pillars. As the market recovers from the long-forgotten impact of Covid 19, the general public has become more aware of the benefits of owning reinsurance policies. This has resulted in increased demand and increased opportunities for the insurance intermediaries industry. The leader is the one who is technologically advanced. To meet the high demand in the market, it is strongly advised to use automated systems, which not only reduce workflow time but also make policy management and renewal more efficient and easier to track. Benefits of Owning a Reinsurance Software: Many brokers nowadays think that making a significant investment in reinsurance software is a complete waste of money. Small brokers, corporate agencies, and numerous IMF think that maintaining an excel spreadsheet is simpler and less expensive than owning an automated system; yet they are unaware of how th...

SAIBAOnline - Inspiring the Insurance Brokers Globally

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With time the competition in the international market for the leading insurance broker has been rising rapidly due to the high incremental demand for insurance buyers. To keep up with the rapid demand, its highly recommended to use automated systems which not only reduces the workflow time but also makes the policy management and renewal more efficient and easier to follow up with. By keeping the assorted activities and necessities of brokers in mind, Simson Softwares has developed an insurance broker software named SAIBAOnline to fulfil their business, operational and financial management needs. SAIBAOnline is a software for insurance broker that houses majority of the key features of the insurance broking. Our software is best known in the market for its Operational, Management and Audit capabilities. The insurance brokers software offers Integrated email, SMS and E-document management facilities to assist brokers in conducting their business. We also have website integration platf...