You Should Keep An Open Mind

Insurance software platforms: why you should be open minded about the offerings available – we aren’t all the same.

Every insurance company needs to record customer data—whether it’s for new business quotes, renewals, mid-term adjustments (MTAs), payments, or accounts reconciliation.

From web quote platforms to broker and customer portals, or claims handling systems, the requirements of customers and the offerings from software providers vary across the industry.

At ParaCode, we have developed an end-to-end software platform that is product-agnostic and adaptable to any sector within the insurance industry. Whether you’re an MGA, insurer, broker, or cover-holder, our system allows you to manage your entire business on a single platform.

Our platform is cloud-native and multi-tenant, ensuring all customers remain on the same codebase at all times. Developed by software engineers and insurance experts, it is hosted on Microsoft Azure, providing reliability and accessibility year-round.

The co-founders of ParaCode, having owned a niche MGA themselves, understood the limitations of traditional software solutions. They aimed to create a platform that empowers users to be more self-sufficient.

ParaCode is a true no-code solution designed to enhance your business model rather than hold it back, increasing efficiency saves both time and money. It enables companies to respond quickly and easily to market changes without needing external support. Key features include easy rate changes, question set updates, and the addition of new product lines. Our drag-and-drop form builder and document generation tools require no technical expertise to customize.

ParaCode officially launched at BIBA 2022, where we quickly became aware of the industry’s frustration with existing software providers. Issues like downtime, poor support, high costs, and subpar customer service were common complaints.

We recognize that every customer faces unique challenges due to differing requirements. By understanding your specific needs, we can determine if ParaCode is the right fit for your business.