Efficient Insurance Billing Solutions
You need accurate data in real time. Your policyholders want information at the press of a button. Insuresoft’s Diamond Billing solution has you covered on both counts. Built with insurers in mind, Diamond’s billing administration module provides up-to-the-minute self-service capabilities that lets agents run their business, and policyholders manage their coverage, all on their own schedule.
Automate and define the rules for routine tasks and ensure they are managed appropriately. As part of the Diamond Suite, Diamond Billing is flexible, to accommodate real-time pay plan changes across multiple payment options. Smooth, efficient execution of tasks, such as non-paid cancellations and reinstatements, optimizes service efforts, together with policyholder satisfaction. That’s the bottom line.
Diamond Billing Insurer Benefits
Increase Agent & Customer Satisfaction
Take advantage of a configurable design to satisfy your agents’ and policyholders’ distinct needs. Implement pay plans that work for your clients and allow them to make real-time pay plan changes mid-term to give them control of their payment options.
Provide User-friendly Payment Options
Offer your agents and policyholders a wide variety of options for paying their bills, from mobile to web, credit card or EFT, checks, or cash.
Drive Business Decisions with Real-time Information
Accurate and easy-to-access information on the current amount due and future bills provides the data your clients demand.
Diamond Billing Advanced Capabilities
- Adapt and define pay plans quickly and easily
- Improve Billing Department operations
- Employ lockbox, EFT, and credit card payment options
- Define payment plans with a rules-based configuration tool
- Adjust transactions and payment postings in real time
- Support agency bill and direct bill
- Provide unlimited pay plan options
- Automate policy cancellations and reinstatements
- Realize lower total cost of ownership (TCO).