Insurance suites offer functionality across multiple insurance software categories through a variety of modules. Insurance suites represent an all-in-one solution through which agents can manage all aspects of the insurance lifecycle. Organizations use insurance suites to manage all insurance functions, such as policy administration, client relationship management, billing, and insurance claims, within a centralized system that streamlines agency management and reporting. Insurance suites are commonly used by large insurance agencies with diversified service offerings and geographically dispersed operations. Due to their modular design, insurance suites can be customized according to agency needs. Insurance suites can be purchased as an integrated suite or as individual modules. Insurance suites commonly offer a combination of modules from insurance policy administration software, insurance billing software, claims management software, underwriting and rating software, and insurance agency management software.
To qualify for inclusion in the Insurance Suites category, a product must:
Offer a series of insurance-related software modules that can be purchased separately or as a unified system
Provide functionalities across more than one insurance software category distinction