INNOVATIVE TECHNOLOGY

Insurtech Service

Taurus Insurance products are cloud-based all-in-one solutions that support the P&C insurance lifecycle. The integrated design, out-of-the-box functionality, and guided approach enable rapid implementation and quick upgrades. Cloud-based delivery and ongoing operational support provide insurers the freedom to focus on innovation and respond rapidly to market demands, even when they have limited IT support. All functions are on the same system, enabling faster upgrades, testing, and training. Users have one set of tools, one user interface, and one place to make changes. The system automatically scales in response to business demands. Redundant production environments ensure business continuity to set your mind at ease and your business in motion

AGILE DEVELOPMENT AND DEPLOYMENT

FULLY INTEGRATED SOLUTIONS

CUSTOMER FOCUSED DEVELOPMENT APPROACH

HIGHLY CONFIGURABLE, USER-FRIENDLY AND SCALABLE SYSTEM

SOFTWARE SERVICE

Taurus Insurance Suite

As a leading provider in insurance software and services, Taurus has developed optimized tools to help your business become more efficient through automated policy and claims processing. Taurus Insurance Suite is a fully-integrated, cloud-based software solution designed to manage the needs of insurance carriers. It is configurable for multiple product offerings, currencies, states, and issue companies, which makes it an ideal tool for insurance carriers of any size. With the administration system, our users are able to:

Manage policies

Customize client services

Service claims

Identify producer information

Initiate & monitor accounting requests

Define investment details

Generate reports

Configure third party vendor programs

Policy Management

Agents can log into their secure portal 24/7 for quoting, policy servicing, and filing claims. Support resources are just a click or phone call away

Claim Servicing

Easily record, process, and manage claims Verify coverage, review documents, manage activities, and schedule inspections.

Producer Management

Maintain and manage producer records including licenses, appointments, line of business, authority level, agreements and contracts. Set up commission rates in a few clicks Upload and store important documents.

Accounting & Investment

Pay bills, manage vendors, pay commissions, as well as manage your insurance investment portfolio, and prepare your Schedule D, and performance reports all in the integrated investment module

Reports

The Report Module enables carriers to view performance trends, and better understand production by territory, agent, and product line. With better data, you can make better business decisions.

Client Services

Within the Client Services module, the unique client id assigned for each policyholder, agent, and mortgagee can be updated based on the carrier’s authority level guidelines.

Features

Quick, simple & intuitive

Day & night mode

Fully integrated Google mapping and look ups

Property data intelligence with prefill capabilities

Initiate & monitor accounting requests

Flexible digital payment processing – mortgage, credit card and e-check

Multi language capabilities

Carrier and agency branding awareness

Improve the customer experience

QUOTING SYSTEM

Customer Real - Time Quoting Capability

As a leading provider in insurance software and services, Taurus has developed optimized tools to help your business become more efficient through automated policy and claims processing. Taurus Insurance Suite is a fully-integrated, cloud-based software solution designed to manage the needs of insurance carriers. It is configurable for multiple product offerings, currencies, states, and issue companies, which makes it an ideal tool for insurance carriers of any size. With the administration system, our users are able to:

RISK RATING 2.0

Taurus Flood

In 2021, Taurus became one of six FEMA approved service providers. Taurus Flood can help WYO companies and their agents succeed in writing flood and growing revenues. With our auto-population and automation of complex flood processes, agents can write more flood policies and focus on servicing their customers. With Taurus Flood, intuitive quoting leads the agent/insured through the flood quote only asking questions that pertain to the risk being quoted. FEMA’s new Risk Rating 2.0 has new requirements for quotes and eliminates others required in the past. We have help for that! Guides and help text as well as trained staff to assist.

Fast and easy for agents to use, streamlining the purchasing experience

Fully Integrated system for ease of financial reconciliation

Full array of reports to better manage and grow your book of business

Client branding on all FEMA forms and Flood platform

Electronic signature and policy delivery

Our Core Insurance Services

Customer Service Contact Solution

 Customer care questions

 Billing support insurance

 Appointment setting & questions

Back-off Services

 Quality assurance review & reporting

 Generation of dashboards ad reports

 Data analytics

 Marketing services

Claim Servicing (non- licensed activities)

 First Notice of Loss

 Assignment to adjust & repair vendors

 Appointment setting & follow up call for policyholders & public adjust

Policy Administration & Retention Process

 Renewals

 Endorsements

 Cancellations

 Agent communication & support

EXCELLENCE, INNOVATION & RESPONSIBILITY

BPO Services

In the current marketplace, Insurance companies encounter many challenges: strict compliance requirements, increasing customer customization and diminishing margins. Adopting Insurance BPO is a way to develop a competitive advantage by transforming your business operations. Taurus BPO has experience in delivering high quality, cost effective and efficient services that will help your organization enhance profitability and promote customer satisfaction while ensuring compliance with insurance regulatory requirements.

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