Can I distribute my products to introducers/affiliates?
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Yes, using our introducer portal
Can I distribute my products as embedded insurance?
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Yes, using our API
Can I import my existing data?
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Yes, using our import functionality
Can I enrich my data using integrations?
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Yes, using whichever data enrichment provider you prefer
What payment methods does ParaCode support?
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ParaCode supports credit/debit cards, premium finance by Premium Credit and Close Brothers as well as internal direct debit schemes
Does ParaCode store documents?
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ParaCode stores documents against customers, policies and claims and can generate documents from templates
Does ParaCode include an email integration?
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ParaCode includes email functionality so that emails can be sent or received from within the system using templates that you can create yourself
Does ParaCode have a diary system?
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Yes, tasks can be assigned to departments or individuals with a “to do” date
Does ParaCode support my accounting needs?
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Yes, ParaCode includes functionality to support insurance accounting and can be integrated with specialist accounting software
Does ParaCode have a data warehouse?
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Yes, each customer has their own data warehouse
What reporting functionality does ParaCode include?
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ParaCode includes a set of generic reports, but we can also create custom reports to run on the reporting tools that sit on top of the data warehouse
What sanctions checks does ParaCode carry out?
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ParaCode uses Professional Office Sanctions Search for sanctions checking, this includes the UK, EU and US sanctions lists, sanctions checks can be configured to take place at multiple points in the client/policy journey
Do you provide training?
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Yes, training can be provided either remotely or onsite
Are there any hidden costs?
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No, we have a single transparent license to fee that covers onboarding, maintenance and ongoing support
What support does ParaCode offer its customers?
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As part of our license agreement with our customers, we provide support that includes service level agreements and response times, support time can be used to help you create new products, train users or create bespoke functionality
How often is ParaCode updated?
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ParaCode is regularly updated with new features, all our customers receive all updates at exactly the same time
Where is ParaCode hosted?
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ParaCode is hosted in the cloud on Microsoft Azure
What security is in place?
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ParaCode has numerous layers of security in place that protect all aspects of the infrastructure and is regularly penetration tested