Software, a important provider of software and services to the global insurance and reinsurance industries, today announced the immediate availability of AgencyPortal(R) 4.5, the latest version of its market-leading platform for insurance companies to offer self-service portals to their retail agents, brokers, MGAs and policyholders. Agencyport made the declaration at the 2012 ACORD-LOMA Insurance Systems Forum in Orlando, Florida.
Over thirty P&C insurance carriers currently use AgencyPortal(R) across personal, commercial, specialty and reinsurance lines of business in several countries including all 50 U.S. states. New usability features such as account management capabilities, predictive analytics and user history tracking are introduced in this release. Each feature is also configurable in the AgencyPortal(R) Toolkit.
AgencyPortal(R) 4.5 ships with an important new Account Management feature that carriers can enable in their agent portals for all lines of business. AgencyPortal(R) Account Management allows agents to quickly determine account eligibility for multiple lines of business based on the carrier appetite for the risk as well as whether or not a specific line is currently reserved.
Common information on the agents' accounts is used to pre-fill the quote data, saving keystrokes and time and incentivizing agents to quote multiple policies at a discounted premium. Account Management also allows carriers to respond to common agent requests for a single view of all in-force, quoted, and historical policies for all lines of business associated with a specific account.