Why Apoorva for your Underwriting & Claims?
- Underwriting processes for Property & Casualty insurance change based on the risk profile of a carrier. Custom fitting the needs of a carrier by a Policy Administration System (PAS) using commercially available software is both highly expensive and tedious; more importantly, you have to wait till their consultants are available.
- Apoorva helps develop a custom Policy Administation System for a Carrier or an Managing General Agent (MGA) that caters to a group of carries that have customers with similar risk profile.
- Apoorva invests in developing your PAS in return for a transaction-based fee so that we grow together and continue to enhance the PAS.
- Apoorva is Cost-Effective with on-shore and off-shore resources.
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Custom Policy Administration System by Apoorva
Apoorva is a data-centric company. When it comes to implementing a custom Policy Administration System (PAS). Apoorva knows how to architect, read the manuals, create configurations, provide necessary endorsements dynamically, create Policy DECs, integrate with Payment Gateways to collect premiums (via both Credit Card and ACH) using recurring payments, and establish cancellations, reinstatements, amendments, and renewals.
Client Testimonials
The United Nations Association is a small nonprofit, and we are so grateful for connecting with the people at Apoorva! They helped our team connect with the greater community by getting our website connected and online. Without a working website, our small nonprofit cannot connect to our volunteers, other UNA Chapters across the nation, and our footprint here in Colorado had been erased.
APOORVA supported our work during a critical phase of our reporting requirements and data modeling. Their expertise & broad understanding of Enterprise I.T. Infrastructure and ITIL proved invaluable to our effort. I would work with Apoorva again any time.
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Blogs
Curious? Excited? Read our blogs on APOORVA
Maximizing Innovation: Integrating Insurtech with Policy Administration Systems
Introduction In the rapidly evolving landscape of the insurance industry,…
Enhancing Data Analytics with Policy Administration Systems in Insurance
Introduction: In the insurance industry as well as other modern…
Cybersecurity Considerations for Policy Administration Systems
Introduction: Policy Administration Systems have become widely used as a…
The Impact of Policy Administration Systems in Insurance Companies
Introduction: The foundation of success in the insurance sector is…
Navigating Efficiency: A Comprehensive Guide to Policy Administration Systems
Introduction: Policy Administration Systems (PAS) are becoming essential tools for…
Benefits of Insurance Software Solutions
Introduction Insurance software solutions have revolutionized the way insurance companies…
Artificial Intelligence in Insurance-Sector
Introduction Wireless mobiles, driverless cars, cashless transactions etc were un-imaginable…
Artificial Intelligence in Insurance claims
Introduction Insurance policies protect people and organisations from financial losses…
Navigating the insurtech wave
Introduction The insurance industry has been relatively slow to adopt…
Insurance Data ownership
Introduction Insurance data ownership is a complex and important issue…
ICM : On-Premise vs. Cloud-based
Introduction Insurance compliance management (ICM) is a crucial aspect of…
Why MGAs Should Check Producer Data proactively?
Introduction MGAs – Managing General Agents and other entities are…
7 Options To Modernize Legacy Systems
Introduction Legacy systems are functioning applications that are existing within…
Issues with Legacy Software and How to Repair Them
Introduction Legacy software technologies, applications and systems are developed using…
The need for Application modernization and Application modernization tools
Introduction Traditional software applications are quickly becoming obsolete in today’s…
Underwriting – Manual Vs Artificial Intelligence
Introduction Underwriting is the process of evaluating, accepting, or rejecting…
The Escalating Significance of Insurance Agent Portals
Introduction In the dynamic world of insurance, staying ahead of…
Enhancing Profitability and Reducing Property Insurance Premiums Through Technology
Introduction In a rapidly changing world, the property insurance industry…