ParaCode’s rich and configurable feature set allows your business to operate as you want it to and respond quickly to changing market conditions, without the need for developer support
Features,
Future-proofed
Intuitive features that delight your clients, employees and business partners
Key Features & Capabilities
Embrace change with our no code, no capex, no constraints solution
Policy management
Full cycle policy management from quote to bind, MTA, cancellation, renewal and reinstatement
Underwriting management
Manage your risks using a high touch or data driven approach and set referral and decline criteria so you only write the risks you want to
Claims management
Full cycle claims management from FNOL to assessment, loss adjustment and claims payment
Product builder
Create insurance products exactly as you need them using our innovative rating engine, form builder and document generator
Omni-channel distribution
Distribute your products directly to clients or via brokers, introducers or affiliates, using our customer portal, broker portal, introducer portal and API.
Marketplace
Manage your business and TOBA relationships using our marketplace that includes every FCA registered insurance business in the UK
Reporting
Build and run reports using our generic reporting functionality or custom build your own reports using our data warehouse and reporting tools
Dashboards
Get real time data using our customizable dashboards
Accounting
Manage your insurance accounting needs, debtors and creditors and bank account balances using our inbuild accounting functionality
Automation and Workflow management
Create automated workflows that match your processes and increase efficiency across your business
Customisable User Experience
Customise your user experience to increase conversion and retention
Integrations
ParaCode integrates into your existing ecosystem to support distribution, rating, underwriting and reporting
“
The launch of the masterplan binder on ParaCode has been a huge time saver for the department.
Because the system is user-friendly, training team members has also been an easy process ”
Because the system is user-friendly, training team members has also been an easy process ”
Kate Horne
Policy Administrator - KBIS
“
ParaCode is making a massive difference. I have managed to do half a month of renewals on my own in two days.
This was unheard of on the old system. We built an entire product in less than a day. ”
This was unheard of on the old system. We built an entire product in less than a day. ”
Keith Lovett
Managing Director & Yacht Manager - Stoneways Marine
“
ParaCode has been a game-changer.
I have said that multiple times and I will say it again. ”
I have said that multiple times and I will say it again. ”
Brendan Ryan
Equine Underwriting Manager - The Underwriting Exchange (Ireland)
