InsPro Technologies
Web-based policy administration platform for life, annuity, health, and voluntary insurance products.
Overview
InsPro Technologies provides InsPro Enterprise, an end-to-end, web-based policy administration system used by insurance carriers and third-party administrators. The platform manages group, voluntary, and individual life, annuity, health, and senior supplemental products, including term, whole life, long-term care, Medicare supplement, critical illness, disability, accident, specified illness, final expense, HIP/HAP, dental, vision, and hybrid products.
The system includes preconfigured, product-specific templates and handles billing and claims. Based near Philadelphia, Pennsylvania, the company was acquired by Majesco in January 2020 and continues to operate as part of the Majesco insurance technology portfolio under the InsPro name.
Key Features
- + End-to-end policy administration
- + Preconfigured product-specific templates
- + Billing and claims support
- + Group, voluntary and individual product lines
- + Agent and member servicing