BrokerEdge

BrokerEdge

Damco Solutions
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About

BrokerEdge by Damco is a full-fledged, end-to-end insurance broker software. It helps brokers from all lines of insurance unlock the power and potential of automation and connectivity. Designed to help brokers work more efficiently, productivity, and accurately, BrokerEdge benefits customers, brokers, and insurance agencies- all at the same time. Brokers can leverage the centralized platform to automate and simplify day-to-day workflows like customer database maintenance, lead tracking, policy updating, and more. Apart from modules for automated marketing, lead management, commission tracking, and policy administration, the leading insurance broker software also boasts a cutting-edge customer service portal and mobile application to offer unmatched scalability and flexibility. The capabilities offered by BrokerEdge will not just drive the bottom line but also remove bottlenecks and ensure seamless workflows.

About

tigerlab makes cloud-native, API-first insurance software. The tigerlab Broker Management System (BMS) runs insurance brokerages, and the tiger suite (formerly i2go) gives insurers, MGAs and embedded insurance providers their core systems. The BMS keeps every client, policy, document and renewal in one record. It automates commission calculations, invoicing and reconciliation, runs compliance checks such as sanctions screening for each jurisdiction, and uses AI for document extraction and email summaries. It connects to BiPRO in Germany and EcoHub in Switzerland, and runs several countries and branches on one platform. The tiger suite has four systems that run alone or together: Policy Management, Billing, Claims Management and Distribution Management. tigerlab has SOC 2 Type II attestation and ISO 27001 certification, and supports GDPR and DORA. Both product lines deploy in the cloud or on-premises and connect through open APIs. Book a demo at tigerlab.com!

Platforms Supported

Windows Supported
Mac Supported
Linux Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Innovative Insurance Broker Software designed to empower brokers through automation.

Audience

Insurance brokerages that want one system for clients, policies and accounting, from retail and commercial to marine, specialty and multi-branch firms. Also insurers, MGAs and embedded insurance providers that need modern policy, billing, claims and distribution systems.

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Supported
Online Supported

API

Offers API Supported

API

Offers API Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

- One-time setup fee
- Monthly license fee
- Transaction fee
Free Version Not Supported
Free Trial Supported

Reviews/Ratings

Overall 4.2 / 5
ease 4.2 / 5
features 4.2 / 5
design 4.1 / 5
support 4.4 / 5

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Pros & Cons from Real Users

Pros

  • The user interface impresses with its intelligence and user-friendliness, offering remarkable functionality. Additionally, the customer support provided is excellent.
  • BrokerEdge makes it easy to track and manage customer information. It can also seamlessly automate most routine tasks.
  • If you want a cloud-based broker insurance software, this one is very powerful. It is easy to integrate, offers flexibility, and can be accessed on any device.
  • What I like the most about BrokerEdge is its flexible, modular design. It also offers a wide range of features and functionalities.
  • BrokerEdge offers efficient automation capabilities for policy-related processes. Compared to other insurance broker software solutions, the interface of BrokerEdge is very user-friendly and intuitive. It also offers strong integration capabilities.

Cons

  • The entire process, from initial implementation to final deployment, went incredibly smoothly. I have no complaints whatsoever.
  • Implementing the software required some initial adjustments.
  • There isn't much to dislike about BrokerEdge. Some features are advanced and may call for assistance, but otherwise, it's pretty easy to use.
  • The system did require an elaborate setup process, but the team helped us throughout it.
  • So far nothing.

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Supported

Company Information

Damco Solutions
Founded: 1996
United States
www.damcogroup.com/insurance/brokeredge-broker-management-software

Company Information

tigerlab
Founded: 2008
Switzerland
www.tigerlab.com/en

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Categories

Categories

Insurance Agency Management Features

Claims Management Supported
Commission Management Not Supported
Contact Management Supported
Document Management Supported
Insurance Rating Not Supported
Life & Health Supported
Policy Management Supported
Property & Casualty Not Supported
Quote Management Not Supported

Insurance Claims Management Features

Claims tracking Supported
CRM Supported
Customer portal Supported
Document management Not Supported
EDI data exchange integrations Not Supported
Electronic claims Not Supported
Fraud management Supported
Reporting Supported

Insurance Policy Features

Cancellation Tracking Not Supported
Claims Tracking Supported
Policy Generation Supported
Policy Issuance Supported
Policy Processing Supported
Quotes / Estimates Not Supported
Rating Engine Not Supported
Reinstatement Tracking Not Supported
Reinsurance Administration Supported
Renewal Management Not Supported
Underwriting Management Supported

Insurance Agency Management Features

Claims Management Supported
Commission Management Supported
Contact Management Supported
Document Management Supported
Insurance Rating Supported
Life & Health Not Supported
Policy Management Supported
Property & Casualty Supported
Quote Management Supported

Insurance Claims Management Features

Claims tracking Supported
CRM Supported
Customer portal Supported
Document management Supported
EDI data exchange integrations Supported
Electronic claims Supported
Fraud management Supported
Reporting Supported

Insurance Policy Features

Cancellation Tracking Supported
Claims Tracking Supported
Policy Generation Supported
Policy Issuance Supported
Policy Processing Supported
Quotes / Estimates Supported
Rating Engine Supported
Reinstatement Tracking Supported
Reinsurance Administration Supported
Renewal Management Supported
Underwriting Management Supported

Commercial Insurance Features

Billing & Invoicing Supported
Broker / Agent Portal Supported
Claims Management Supported
Commission Management Supported
Customer Portal Supported
Document Management Supported
Insurance Rating Supported
Policy Management Supported
Quote Management Supported
Reinsurance Administration Supported
Risk Assessment Supported
Underwriting Management Supported

Insurance Underwriting and Rating Features

Broker / Agent Portal Supported
Carrier Upload Supported
Commercial Lines Supported
Comparative Insurance Rating Supported
Customer Portal Supported
For Casualty Insurance Supported
For Health / Medical Insurance Not Supported
For Life Insurance Not Supported
For Personal Insurance Supported
Multi-State Supported
Multiple Line Rating Supported

P&C Insurance Features

Billing & Invoicing Supported
Broker / Agent Portal Supported
Claims Management Supported
Commission Management Supported
Customer Portal Supported
Document Management Supported
Insurance Rating Supported
Marketing Automation Supported
Policy Management Supported
Quote Management Supported
Reinsurance Administration Supported
Underwriting Management Supported

Integrations

AWS Cloud9 Not Supported
Damoov Not Supported
MongoDB Not Supported
Postman Not Supported
QuickBooks Accountants Not Supported
Sage 500 Not Supported
Salesforce Not Supported
Stripe Not Supported
Twilio Not Supported
Xero Not Supported
Zoho Analytics Not Supported

Integrations

AWS Cloud9 Supported
Damoov Supported
MongoDB Supported
Postman Supported
QuickBooks Accountants Supported
Sage 500 Supported
Salesforce Supported
Stripe Supported
Twilio Supported
Xero Supported
Zoho Analytics Supported
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