BriteCore is a modular insurance software that offers tools for managing insurance policies, handling claims, and centralizing client databases. Deployed on Amazon Web Service (AWS), BriteCore is a cloud-based application that can be accessed on any device using a standard web-browser. The solution serves various businesses in the insurance industry including enterprise-level insurance carriers, P&Cs, MGAs, and startups.
BriteCore policy administration module provides interactive tools for managing the entire policy lifecycle including policy submission, endorsements, and final claim settlements. The solution offers an interactive interface called BriteQuote that helps agents quote and submit new applications. The system automatically reviews the applications submitted and approves them based on pre-defined criteria. The inbuilt billing module automatically processes payments, bills, commissions, mortgages, and account histories.
BriteCore's claims management module helps to record loss, process claims, and issue payments to the clients. The software offers a dedicated agent & client portal that allows users to submit claim applications for loss coverage. The solution maps the application against the submitted policy number and provides the approver the entire policy history on a single interface. The solution offers custom tools that help to define various claims components such as perils, groups, catastrophes, and reinsurance treaties. Users can also build their own coverage rules, rates, and forms using the solution.
BriteCore also provides adequate tools for analyzing business data and generating operational insights to fine-tune business processes. Every financial transaction is recorded in real-time and logged within a central database. Other features offered include automated quote builder, rule-based workflow management, document management, and automated reminders.
Software by Intuitive Web Solutionswww.britecore.com