BrokerEdge is a smart insurance brokerage software developed by Damco to help brokers manage their operations efficiently. It offers a unified platform for product and policy administration, client servicing, and claims processing across multiple lines of business.

Key Features

Comprehensive Broker Management BrokerEdge provides a single-view dashboard for managing individual and group policy journeys.

• End-to-end fronting and co-brokering accounting processes
• Opportunity management, underwriting, and quote processing

Digital Operations The software digitalizes broking operations with scalable and flexible modules.

• Quick quote creation and comparison
• Automated renewal notices and reminders
• Document management and paperless operations

Insurer Connectivity BrokerEdge facilitates seamless communication with insurance carriers.

• Ready APIs and EDI methods for real-time information exchange
• Improved operational efficiency and reduced redundancy

Benefits

Improved Efficiency BrokerEdge streamlines operations and enhances productivity.

• 30% improvement in operational productivity
• 27% improvement in conversion ratio
• 31% improvement in retention ratio

Enhanced Customer Experience The software enables better customer service and relationship management.

• 70%+ improvement in customer satisfaction
• Self-service options for policy management and claims
• Mobile app for customer convenience