Encore Insurance Builds Future-Forward, Digital-First Independent Agency with Novidea | Business

Michigan-dependent Agency Makes a Centralized Technique of Report to Boost Purchaser and Staff Expertise

LAS VEGAS, Sept. 21, 2022 /PRNewswire/ — InsureTech Link 2022 — Encore Insurance coverage, a electronic-indigenous unbiased insurance policies company specializing in particular lines, has picked Novidea ‘s cloud-native, info-driven agency management process (AMS) to scale and develop a much better buyer expertise. By putting real-time purchaser data at every single employee’s fingertip, regardless of the place they select to perform, Encore can now raise conversions, solve buyer disputes a lot more rapidly, and make superior-knowledgeable company choices.

“As a modern-day, electronic-to start with independent agency, we have a foreseeable future target to scale over and above Michigan and service purchasers across all 50 states. To accomplish this, we understood we wanted an agency management procedure that could assistance us as we expand,” reported Peter Vitale, Founder and CEO of Encore. “Novidea empowered us to revamp how we take care of and assign incoming organization opportunities and how brokers use knowledge to make a fantastic purchaser knowledge. For the very first time, we can examine our new enterprise closure amount and figure out whether we are paying out way too considerably on the prospects we receive. The solution’s API architecture enabled us to generate a singular, secure, and centralized procedure of history exactly where all our prospect and shopper details is available in genuine-time when agents need it most.”

Today’s unbiased brokers ought to present a seamless, digital-to start with customer knowledge or possibility getting rid of organization to far more tech-savvy rivals. Client anticipations have shifted in direction of serious-time, self-provider workflows throughout a number of channels nevertheless, agents ought to harmony this with aid from a human when clients require it. Only Novidea’s agency management system enables self-services consumer portals though supporting consumer make contact with agents who require instantaneous access to policy details. Unbiased agents, brokers, and MGAs can improve every phase of the coverage coverage distribution lifecycle, from quote to coverage binding and servicing to promises processing and renewals. All this would make Encore’s revenue workforce more efficient with just about every shopper interaction, ensuing in a a lot more satisfying get the job done expertise for personnel who experience empowered and supported.

“Encore understands that offering clients multichannel choices and a seamless practical experience is no for a longer period a ‘nice to have,’ but a signifies of fueling advancement and sustainability for unbiased agencies,” claimed Eric Ayala, Senior Vice President and Common Manager, North The usa for Novidea. “We are happy to associate with Encore as they attempt to establish out a shopper-focused digital agency of the long term. We are looking forward to supporting Encore as they obtain new techniques to leverage their configurable Novidea solution to resolve extra troubles and clear away extra boundaries in their quest to turn out to be a countrywide company.”

The Novidea system enabled Encore to unify its tech stack and create a really tailored, centralized program of record in which all consumer data resides. Developed on Salesforce Massive Technologies with an open up API architecture, Novidea’s configurable application produced it simple for Encore to combine its digital communications technology, third-party direct bidding, and consumer get in touch with facilities into the administration console. Novidea serves as the info collection and examination hub in which Peter and his staff can pull facts from related programs and create reviews on his income team’s purchaser call overall performance, prospect conversion prices, and considerably far more. Vitale and his staff can leverage the insights of the stop-to-end Novidea program to evaluate Encore’s return on financial commitment (ROI) on its small business growth expending. Novidea even gives a document of buyer interaction across channels, from e-mails to cellular phone phone calls and text messages, so brokers can refer to that heritage the subsequent time they speak with a customer.

Understand extra about the Novidea agency administration system stay at InsureTech Join 2022, September 20-22 at Mandalay Bay, Las Vegas – Booth #2422.

About Novidea

Novidea is a main service provider of the to start with born-in-the-cloud, info-pushed insurance platform that enables brokers, brokers, and MGAs to modernize and deal with the customer insurance policies journey conclude-to-stop and generate development throughout the whole insurance policies distribution lifecycle. The Novidea system, created to leverage the electric power of Salesforce’s Massive Engineering, supplies a entire ecosystem spanning just about every component of an insurance business enterprise. The platform’s know-how presents a 360-diploma view of the purchaser and all stakeholders, enabling total integration in between consumer-dealing with policy transactions and the middle and again office. Brokers, organizations, and MGAs extract extra price from consumer and coverage info with actionable intelligence from any product, wherever. Novidea turns details into insight at the position of require, enabling greater-informed decisions and offering greater consumer benefit by way of items and solutions personalized to personal needs. Novidea, a member of MGAA and an ACORD husband or wife, supports much more than 100 consumers, which includes agents, brokers, MGAs, and the London sector, taking care of tens of tens of millions of procedures across 22 nations around the world.

For additional information and facts, be sure to go to: www.novideasoft.com.

For more data contact

Michelle Barry

Chameleon Collective for Novidea U.S.

[email protected]

T: +1 (603) 809-2748

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