Innovative Health Insurance Solutions We Design
Years of experience have given the Devico team a clear understanding of the specificities and key challenges faced by insurance companies. We deliver smart solutions that make a real difference. Depending on our customers' needs, we develop comprehensive insurance software and highly specialized apps. Some of them include:
Insurance Client Portals
We develop client portals that enhance the overall client experience by providing 24/7 access to insurance information and the ability to manage policies and submit claims independently. Insurance client portals are also an excellent way to reduce administrative costs by automating tasks such as policy renewal and claim submission.
Agency portals are crucial for insurance companies that work closely with agencies for policy distribution. These portals assist in setting up and managing agents and facilitate real-time data exchange between brokers, agents, and other involved parties.
Claim Management Solutions
Claim processing is a key process within any insurance company. We build claim management software that automates this function. Typically, such solutions include features like automated claim document generation, fraud detection, claim status tracking, payment management, analytics, and report generation. Claim management software enhances the overall efficiency of insurance companies and reduces costs by minimizing errors and fraud.
Insurance Policy Management Software
This type of software is used to create, update, and cancel insurance policies. Additionally, it greatly simplifies the management of complex policies with multiple riders or endorsements. The key benefits of insurance policy management software are easy and quick access to policy information and related documents, streamlined communication with clients and agents, and automated policy management workflows.
Insurance Document Management Systems
Insurers deal with a vast number of documents daily, such as policy applications, customer proofs, contracts, policyholder agreements, and many others. All of these need to be safely stored and well-organized. To help insurance companies manage their documentation more effectively, we provide solutions that offer features like document scanning, indexing, version control, and role-based access.
Insurance Quoting Software
One of the most challenging aspects in the insurance business is personalized quoting for each client. We develop effective and reliable insurance quoting software powered by AI and data science. With its help, insurance companies can provide their leads with accurate quote estimates based on premium calculations, risk assessment, stats, and policies.
Enterprise Risk Management Solutions for Insurance Companies
To ensure profitability and efficiency, insurance companies must assess and track various risks, including market, credit, operational, and reputational risks. Devico develops solutions with embedded risk assessment, risk modeling, and analytics that help insurance companies stay ahead of all threats. Customizable reports, heatmaps, and dashboards allow insurers to clearly understand and effectively manage potential dangers.
CRM and Lead Management Software
We develop CRM and lead management systems tailored to the needs of insurance companies. Our CRM solutions not only help to improve customer relationships but also to manage teams, intermediaries, and insurance products. Our lead management systems assist in converting leads into loyal clients. They automate the lead generation process, enable lead sourcing from diverse channels, and assign leads to sales representatives.
Insurance Billing Solutions
Billing solutions are founded on three pillars: automated billing, payment processing, and invoice management. By adopting advanced insurance billing solutions, you will benefit from accurate and timely billing, secure payment processing, and automated payment reminders. It can also enable insurance providers to monitor the status of bills, payments, and claims, not to mention an improved customer experience.
Region-Based Payment Gateways
We scrutinize regional requirements and integrate the most suitable payment gateways to cater to your needs.