PolicyFly

PolicyFly is a software platform for specialty insurers. It supports submission intake, underwriting and back-office work for insurance carriers and managing general agents.

What PolicyFly offers

• PolicyFly Capture: takes in submissions automatically from any source and format, without broker portals.
• Underwriting workbench: lets underwriters add third-party data, work with colleagues or partners, and produce quote options.
• Reporting suite: shows submission flow, bind rates and risk performance, so insurers can see which risks convert and where business is lost.
• Secure design: the vendor describes the platform as secure by design.

Who it serves

Specialty insurance carriers and managing general agents seeking to automate underwriting operations. A client quoted on the site says Capture cut submission handling from over twenty minutes to seconds.