RapidValue’s Insurance Solution Suite, InsurEdge offers a comprehensive solution platform to improve business processes across key areas such as claims, document management, reporting, policy issuance, partner onboarding etc. Powered by a sophisticated rules engine, customized workflows and cutting-edge technology, InsurEdge helps you improve efficiency, enhance customer experience and drive revenue growth.

Key Solutions Across Insurance Value Chain

Sales & Distribution

Leverage digital tools to compare products in real-time, assess benefits and streamline key processes across channels.

  • Automated tailored offerings
  • Product recommendations
  • Multi-channel distribution management solution
  • Web-based and mobile reporting
  • Real-time information & updates

Onboarding

Simplify and  streamline application processes resulting in increased sales volume while minimizing operational costs.

  • Self-service portal for partners & distributors
  • Bulk application processing
  • Issuance of insurance certificate
  • Real-time information & updates

Underwriting & Rating

Automate underwriting processes and eliminate manual work activities at an enterprise scale.

  • Quote Engine
  • Underwriting automation
  • Powerful analytics & rating engine
  • Integrated auditing & reporting 
  • Integration with policy/claims management
  • Fraud deduction & reduction
  • Compliance with underwriting policies and self-learning capabilities 

Policy Administration

Lower your per-policy service costs and raise service levels with our powerful processing and administration capabilities.

  • Processing  premium payment and lapses with great visibility
  • Predictive analytics for risk associated with incomes and claims
  • Transaction management

Claims Management

Automate claims management processes for increased efficiency and reduce operational costs.

  • Claims automation
  • Fraud management
  • Real-time data & advanced analytics
  • Sector-specific forms processing

Customer Service

Enhance customer service through productivity gains and build customer loyalty while driving efficiencies in your business.

  • Customer 360
  • Anytime, anywhere self-service
  • Chatbot for customer interaction

Key Segments

Life Insurance

Health Insurance

P&C - Personal & Commercial

Managing General Agent & Underwriter (MGA/MGU)

Brokers & Agents (Retail, Reinsurance, Surplus Line)

Independent Software Vendors (ISVs)

Aggregators, Distributors, Banks

Third-party Administrators

Solution Highlights

Ready-to-use modules with easy switchover.

Highly customizable solution to meet your business needs.

APIs to multiple partners & third-party systems.

Pre-built modules and in-built connectors.

User-friendly UI with easy-to-use drag & drop components.

Application deployed on cloud for higher scalability.

Services

Business Benefits

Achieve faster and accurate real-time decision making.

Reduce data processing time from weeks to few seconds.

Improve service delivery efficiency by 50%.

Achieve significant ROI in less than a year.

Quick go-to-market for new product launch through pre-built components.

Enhance customer satisfaction and workforce productivity.

Case Studies

Automated Underwriting Decisions in Seconds.

Customized Rule-based Underwriting Application.

How can we help you?