SaveMoney is an end-to-end solution that supports your business and IT teams through the insurance value chain, from product design and configuration to reinsurance. SaveMoney provides several business modules and tools covering all the value chain: Sales, Policiy management, Claims, Accounting, Billing & Collection, Reinsurance, Parties, Organisation, Recoveries, Commissions Coinsurance, Agent portal and predefined reporting. The operations teams will appreciate SaveMoney Studio, which allows easy configuration of products and processes and management of change of existing ones.
The underwriting process can be adjusted for each line of business and even for each product separately. The UW process is easily configurable by a set of Underwriting rules that support different levels of underwriting. Underwriting can be easily automated by using business rules, workflows, and 3rd party integration. Underwriters can also assign tasks and collaborate with agents via Video chat. SaveMoney is on the mission to support underwriters to focus on high-value activities and make better, faster, and more accurate decisions.
No additional integration is necessary; SaveMoney is an integrated system in which all business modules are integrated natively. The policy, claims, and reinsurance modules know how to “talk to each other” out of the box, ie. the Claims module can obtain all the necessary data to process the claim from other sources automatically.
The SaveMoney Agent Portal provides everything a sales agent needs in one place, from workflows for applications, quotes, policies, underwriting. It even includes custom dashboards providing features such as an overview of open invoices and commissions. The portal also enables the agent to collaborate with the team or clients with co-browsing and video functionality. The “mini CRM” functionality provides a 360 client view- overview of all the offers, policies, personal and billing information, even consensus, all in one place. The SaveMoney functionality is also available over API, which provides easy integration with B2C portals and apps and other external distribution systems.
The SaveMoney platform is designed to support no-code / low code principles. Most business functionality is implemented as configurations that allow the client’s IT and external professional service providers to develop new features and manage change easily without the vendor. An essential part of the platform is SaveMoney Studio, which provides operation teams control the whole insurance product life cycle, from configuration to deployment. It also makes managing all SaveMoney configurations easy.
Out of the box, SaveMOney supports the following lines: Motor liability and Casco, Property, General Liability, Accident, Travel. Out-of-the-box support includes the premium model, support for Quote, underwriting, policy management, Claims, and predefined forms and dashboards for B2B distribution channels (for example, Agent portal and out of the box API). New products can be easily designed and configured with the help of SaveMoney Studio, leveraging the vast library of predefined configurations and Wizards that will guide you through the process.
