Welcome to Knowledge Base!

KB at your finger tips

This is one stop global knowledge base where you can learn about all the products, solutions and support features.

Categories
All

Products-Insurity

Empowering Marine Cargo Businesses with Insurity Platform

Insurity Platform for Marine Cargo Solution Overview

Insurity offers a purpose-built software for marine cargo that facilitates real-time collaboration among various stakeholders including insureds, logistics professionals, brokers, underwriters, agents, and claims settling agents through a centralized database. This platform enables marine cargo carriers to enhance efficiency and drive growth on a global scale. With over 4 million certificates issued annually from a network of more than 100,000 insurers, brokers, freight forwarders, and shippers worldwide, Insurity's solution brings automation and effectiveness to the marine cargo industry.

Provide Better Client Experiences

Insurity's software allows users to issue certificates, manage storage declarations, and report losses in a matter of minutes, streamlining administrative processes and enhancing client experiences. By automating tasks such as calculating and invoicing premiums accurately within policy limits and conditions, Insurity helps reduce administrative burdens and ensures compliance with regulatory requirements.

Automate Administrative Tasks

The platform facilitates the automation of administrative tasks, ensuring that premium calculations and invoicing are conducted accurately within policy limits and conditions. This automation not only reduces manual errors and inefficiencies but also enhances overall operational efficiency within marine cargo businesses.

Reduce Business Risk

Insurity's solution helps mitigate underwriting and operational risks by providing real-time reports and alerts, enabling proactive risk management. By leveraging data and insights generated by the platform, marine cargo carriers can make informed decisions to minimize risks, enhance security, and optimize business performance.

Partnership with Concirrus for Predictive Data Models

Insurity's collaboration with Concirrus aims to develop and deliver predictive data models for enhanced cargo risk management and pricing insights. This partnership empowers insurers to leverage data-driven approaches to streamline operations, reduce losses, and maximize profits, demonstrating Insurity's commitment to driving innovation and excellence within the marine cargo industry.

Empower Your Ecosystem with Insurity Connect: A Comprehensive Overview

Streamlining Integration with Low-Code Interface

Insurity Connect offers a low-code interface that allows users to easily build recipes containing APIs, connectors, and other components. This feature significantly simplifies the integration process, enabling users to create complex workflows without extensive technical knowledge. With the visual recipe editor, users can design workflows in seconds, making the creation of integrations fast and intuitive.

Read article

Empowering Specialty Insurers with Insurity's Configurable Suite

Adapt to Changes Easily

Insurity offers specialty insurers an innovative solution to easily respond to market changes and demands with their no-code tools. This empowers carriers to swiftly adapt to fluctuations in the industry, ensuring they stay competitive and agile in a dynamic market landscape. By utilizing Insurity's configurable suite, specialty insurers can streamline processes, make necessary adjustments, and pivot their strategies promptly.

Read article

Revolutionizing Claims Payments with Insurity

Streamlined Claims Payment Process

Insurity Claims Payments offers a comprehensive solution for streamlining the claims payment process. By managing payments in a single workflow from approval to issuance, this platform enables companies to pay claims in just 30 seconds. With integrated digital payment options, insurers can provide payees, claimants, and vendors with a variety of payment types, including check, ACH, virtual card, and real-time payments. The system eliminates manual processes with a single, integrated workflow and a configurable automatic 'fallback to check' option, reducing operational inefficiencies and ensuring timely payments.

Read article

Empower Underwriters with Insurity Geospatial Analytics

Comprehensive Risk Assessment

Insurity Geospatial offers a comprehensive view of risk by allowing users to explore correlations among exposures, modeled loss, hazards, claims experience, and third-party data. This capability enables insurance professionals to make informed decisions across the entire policy lifecycle.

Read article

Revolutionizing the Insurance Industry with Insurity’s Cloud-Native Solutions

Insurity's Growth and Market Position

Insurity, a prominent provider of cloud-based software solutions for insurance carriers, brokers, and MGAs, has recently seen a remarkable surge in revenue, exceeding $300 million in 2022. With a customer base exceeding 500, including major industry players like P&C carriers and MGAs, Insurity has solidified itself among the top 2 market leaders in the insurance software sector. The company's suite of products, ranging from policy to billing, claims, and analytics software, caters to all aspects of the policy lifecycle, demonstrating its comprehensive and robust offerings.

Read article