KoverUI

Hello Carriers, MGAs & Underwriting Agencies,

Are you tired of managing your insurance product on disparate legacy systems?
Here's a holistic digital platform that meets all your sales, underwriting & operation needs in one place.

Quote & Bind

Data Modelling

 Referral

Integration

Policy

Portals

NO-CODE 
Config

Mobile
Apps

Webform

Embedded
API

Rate

e-Documents

Claims

Finance &
Accounting

Reporting
Bordereaux

Endorse

Renewals

KoverUI is a no-code configurable solution which enables carriers, underwriting agencies, MGUs & MGAs to plan, administrate, build and implement any line of insurance product faster.

Why KoverUI?

Build any-line-of-product faster without coding.

Eliminate the need for accessing multiple systems

Manage all operational processes in a single system

Is KoverUI safe?

KoverUI offer the highest levels of security and privacy, including multi-layered authentication and authorisation, encryption and complete auditability.

Benefits of KoverUI

  • Speed to Market

  • Improve Process Efficiency

  • Easy to use Interfaces

  • Dynamic Reporting

  • Cost Effective

  • Time Saving

Before & After KoverUI

Usual

With KoverUI

Inundated with forms from brokers & continuous stream of data entry

Underwriters manually get renewals information, draft e-mails and send it to brokers. Underwriter has to manually renew on due date.

Rating via spreadsheets to calculate premiums
 

Multiple touch points with Pdfs, Word, Excel, Outlook for document management and communication

Unable to search policy history in real time

Accounts & finance managed separately and requires replicating data manually which is time consuming and error-prone

Brokers have to call and e-mail for quote, policy, renewals, endorsement details.
 

Brokers can only have support during office hours
 

Building a  new line of product can take months
 

Changes to risk questions, ratings, branding takes a long time to testing & implement

Data is stored in an unstructured manner in disparate systems making it very challenging to analyse for decision making or forecasting
 

Brokers enter risk information, get premiums, bind, print documents via Broker Portal

Automatic pre-renewals in advance & emailed to brokers. Can also be set to renew automatically if policy conditions remain unchanged

Configurable rating and business rules for premium calculation and referrals

All policy related information is consolidated &  managed  in place
 

One click for policy history

Generates real-time statement of accounts for receivables, payables, ledger and Trust Account 
 

All information is available through broker portal and all changes and comments are tracked within the policy saving time for underwriters 

After hours support is available through AI conversational  chatbot via chat, voice or phone

Configure an insurance product in weeks and start selling

Changes can be implemented and effected immediately or schedule for specific date & time

Data are stored in a structured, easy to use method for analytics, prediction, informed decision making and identify areas for process improvements and sales potential