With the insurance industry hopping on the trend of digital innovation, choosing the right insurance broker software can seem like an overwhelming task, considering the multitude of providers in the market. Machine learning and predictive analytics have changed the game, so an insurance broker software makes interacting with brokers easier, helping them keep tabs on clients and up to date with carriers. To keep yourself afloat in the competition, here are four things a good insurance broker software should provide:
1. An Easy Interface
A good insurance broker software has to have the following: an interface that’s pleasing to the eye and comfortable to look at, extendable capabilities, and versatility to allow brokers to change the layout settings to what they prefer. Nobody appreciates a cluttered screen, so it’s best to opt for something simple and efficient.
2. A Personalized Experience
This is the key to user satisfaction. You should be able to provide personal and contextual experiences on-demand via its portal, giving the brokers access to vital data, such as contact and carrier information. This data should be available to the brokers anytime and in any manner they want.
3. Customizable Portals
Having customizable features lets brokers figure out their own style and explore the way they can work comfortably in. With respect to the organizational tools and methods you use to make you do your work better, a customize-your-own-portal feature will let you experience different operating systems and interfaces. This also cuts back the time spent on having to learn a new one-fits-all portal that a lot of older insurance broker software has.
4. An All-In-One Dashboard
Having to manually browse across different portals and software programs to access the information you need cuts back productivity and efficiency and often results in errors and mismatch of data. An insurance broker software should be able to solve that, first and foremost. A good insurance broker software will go beyond and should have a comprehensive dashboard to make access easier. It should compile and organize data across various sources and keeps the user in one place. The system should help users keep track of submissions, renewals, commissions, and premiums.