What Underwriters see is exactly what the Producers See
Underwriters & Producers Use the Same System
A very unique application design - The application that underwriters use is the exact same application that producers use, except what a producer can or cannot do is controlled by the admin user/underwriter using an easy-to-use role definition function.
An underwriter and a producer can collaborate online. Both can view the exact same policy on the same web pages and even exchange editing capabilities with both viewing changes in real time via the agent portal.
The workflow between Producers and Underwriters can be configured by LOB, including mandatory underwriter review required at any stage in the policy transaction cycle.
Automated Agency Commission Processing
Agency commission rates by LOB and State can be managed by the company’s Admin. Accrued Commissions are calculated and stored (and reported) when any policy transaction is issued, including on policy changes. Agency statements are generated and emailed to Agencies with no manual intervention.
The SimpleINSPIRE platform comes with several options for commission payments; on written premium, on paid premium and full on first insured payment, The platform also supports Agency Statement Billing and Payments.
The platform has the option for Insurance Brokers and Agencies to enroll in ACH Payment and receive commissions as direct deposits.
SimpleSolve’s ecosystem approach offers our clients 70+ game changing Insurtech products and services that provide unmatched ability to gain market leadership through innovative products thereby creating sustainable value.
