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About

You need them all in today's insurance market. Whether you're managing the full product life cycle, launching new products, or mining your commercial data, we have the management system to get you there, quickly, reliably and at a cost you can afford. Underwriting can be obvious or highly complex. Which risks would you rather have your insurance underwriters evaluate? With our policy admin platform, you can build virtually any type of insurance product using a rich library of bureau content as the starting point, and configuring your own custom rates, rules, and forms. It's a policy administration system that delivers on its promises: speed, reliability, and low entry cost. Instec provides a timely, accurate, and flexible insurance billing solution to support a wide variety of payment plans, billing types and commission options, and with easy access to commercial data you have all the information you need to effectively manage your cash flow.

About

Practo Insura is a modular P&C insurance platform that supports the full policy, billing and claims lifecycle for carriers, MGAs and reinsurers. The platform helps teams launch new products faster, modernize legacy processes and maintain state-by-state compliance while reducing manual work and operational friction. Core Features/Modules • Policy administration (full lifecycle from issuance to renewal) • Billing & payments (premium billing, collections – describe as implemented) • Claims management (FNOL to settlement in one system) • Rating engine & quote management • Insured / policyholder portal and consumer POS • Agent portal & quote-to-bind tools • Compliance & filing workflows (state expansion, rate/form governance) • Reporting & operational analytics

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

Platforms Supported

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

Audience

Insurance agencies searching for a solution to manage their operations

Audience

P&C insurance carriers, regional and specialty insurers, Managing General Agents (MGAs) and reinsurers that want to modernize policy, billing, claims and portals.

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported

Support

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

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

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

Pricing

$50,000/year
Free Version Not Supported
Free Trial Not Supported

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

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

Training

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

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported

Company Information

Intsec
United States
www.instec-corp.com/our-insurance-platform/

Company Information

Practo Insura
Founded: 2023
Austin, Texas, USA
practoinsura.com

Alternatives

BindExpress Suite

BindExpress Suite

SpeedBuilder Systems

Alternatives

Sapiens P&C

Sapiens P&C

Sapiens International
TIS

TIS

Comtec Global
InsureEdge

InsureEdge

Damco Solutions
IBSuite

IBSuite

Insurance Business Applications

Categories

Insurance Supported
Insurance Billing Supported
Insurance Policy Supported

Categories

P&C Insurance Supported

Insurance Policy Features

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

Integrations

No info available.

Integrations

No info available.
Claim Intsec and update features and information
Claim Intsec and update features and information
Claim Practo Insura and update features and information
Claim Practo Insura and update features and information