• 2 + 2 =
+1 646 688 2821

OVERVIEW - INSURANCE AGENCY MANAGEMENT SERVICES

Quite a lot of challenges continue to blur the insurance landscape these days. On one hand, insurance agencies have to cope with excessive competition and strict rules. At the same time, they struggle with declining operational margins. Growing customer needs for best-in-class solutions make the marketplace a lot more difficult. Working in this kind of an environment is a challenging proposition. Simply cutting down the cost of operations is not going to get you quite far. You have to tactically evaluate your organizational assets and embrace an innovative approach. By doing this, you will not just strengthen business operations but additionally grow faster as compared to your competitors.

Historically, insurance agency management outsourcing continues to be regarded as a means to minimize operational expenses by leveraging the advantages of labor arbitrage. Outsourcing can entirely transform your insurance processes, presenting increased flexibility by freeing up useful assets. We at Cogneesol have substantial experience in insurance agency administration services since 2008. Our management solutions for insurance agencies empower and boost economical and effective business processes across the insurance lifecycle for all insurance groups – property and casualty, life and annuities as well as reinsurance.

OUR INSURANCE AGENCY MANAGEMENT SERVICES

NEW BUSINESS SERVICES

  • Receiving Accord Forms
  • Uploading of the documents
  • Application/Accord information data entry
  • Record Perils Insurance requirements
  • Requirement gathering from Insurance Companies
  • Insurance Quote Creations
  • Generating Proposals
  • Client Receipts, Certificates of Insurance
  • Policy Issuance Services
  • Record Payment details
  • Invoice Data Entry Services
  • Insurance Policy checking services
CLICK HERE TO READ MORE

POLICY MANAGEMENT SERVICES

  • Policy Renewal Services
  • Filings with the state government websites (e.g.: Stamping Office)
  • Order Loss Runs
  • Coordinate with finance companies on Premium Finance Agreements
  • Policy Issuance Services
  • Insurance Endorsements
  • Policy Maintenance and Administration Services
  • Policy Cancellation and Reinstatements Services
CLICK HERE TO READ MORE

COMMISSIONS MANAGEMENT SERVICES

  • Commissions Data Entry
  • Payable Commission for Producers
  • Commission Systems Enhancement and Maintenance of Applications
  • Commissions Accounting Services
CLICK HERE TO READ MORE

INSURANCE REPORTING

  • Agent Commission Detail Reports
  • Accounting and Finance Reports
  • Customized Reporting
  • Active Policy Listing
CLICK HERE TO READ MORE

INSURANCE CLAIMS DATA ENTRY

  • Mortgage Claim Data Entry Services
  • Life Insurance, Health Insurance or General Insurance Data Entry
  • Claims Adjuster Data Entry
  • Data Entry for Claims Settlement
  • Data Entry Service for Workers Compensation Insurance
CLICK HERE TO READ MORE

CLAIMS MANAGEMENT SERVICES

  • First Notice of Loss (FNOL) Management Services
  • Claims Verification and Validation
  • Claims Processing Services
  • Assessment — Desktop and Physical
  • Claims Adjudication Services
  • Subrogation
  • Maturities Processing
  • Early Retirement
  • Withdrawals
  • Reconciliations
  • File Closure & Portfolio Management
CLICK HERE TO READ MORE

INSURANCE ACCOUNTING

  • Billing of Premium Balance Services
  • Document (Invoice Cycle) Management
  • Accounts Payable Services
  • Accounts Receivable Services
CLICK HERE TO READ MORE

WE SUPPORT MULTIPLE INSURANCE SOFTWARE

  • VertaFore Software
  • NexSure Software
  • Aspire Software
  • Insurance Pro Software
  • HawkSoft Software
  • Agency Matrix Software
  • Applied Software
  • Newton Software
  • Agency Software Inc.
Software’s used by Insurance Back-Office Team at Cogneesol

Get in touch with us today to know more on how our insurance agency administration services can help you in minimizing expenses, maintaining accuracy and improving reliability.

Start your free trIAl
outsource insurance agency administration

For the past 8 years, we at Cogneesol have operated in tandem with worlds’ several established insurance agencies; we have assisted a large number of clients in distinct industries.

Cogneesol is reckoned by many industry experts, third-party consultants and insurance agencies themselves as being one of the major insurance outsourcing companies across the globe. Top insurers progressively outsource insurance agency administration to Cogneesol to help consolidate and simplify operations—not merely to keep costs down, but to increase agility and liberate resources in ways which help their companies yield new business opportunities.

REQUEST A FREE TRIAL

US: +1 646-688-2821 Canada: +1 905-487-8562 UK: +44 203-371-7486 Australia: +61 286-078-983

What People Are Saying About Cogneesol

Scroll To Top Scroll To Top