(Image source: Synatic website.)
Synatic, a Newark, Del.-based provider of data integration and automation solutions, has announced the immediate availability of a new suite of solutions designed to streamline the cleansing and integration of critical client data necessary for the automation of policy downloads, commission management, generation of custom reports, and other assets.
“Traditionally, insurance administration processes and data entry have been mostly manual,” comments Jamie Peers, VP, business development and alliances, Synatic. “That kind of time-consuming work slows communication between carriers and agents and handicaps agents and brokers when it comes to new sales, renewals, and customer service. Synatic’s Solutions take the pain out of data for agents by integrating directly with every major AMS on the market today and automating common processes.”
Jamie Peers, VP, Business Development and Alliances, Synatic.
Synatic’s Solutions include:
AccuData Plus+: Streamlines the cleansing and consolidation of critical client data before integration into an agency management system (AMS);
Download MatchX: Automates policy downloads and integrates data while catching errors and reducing suspense entries for reconciliation;
AutoDB Commission: Simplifies commission management through automated calculations and carrier statement access, and integrates the data into the agency’s AMS;
Data Warehouse: Centralizes data, enriches it for accuracy, and generates reports for improved business metrics; and
CrossRev IQ: Identifies under-insured accounts as prospects for upsell or cross-sell while also providing new leads and improving overall customer service.
A Synatic statement notes that data from legacy systems and InsurTech partners can be difficult to integrate into a single data repository or an AMS. Synatic says that its solutions leverage pre-built data integrations with leading companies, such as HubSpot, Fenris Digital, Salesforce, Vertafore, Ferro, Hawksoft, Nexus, and ACORD, to streamline and automate data entry and insurance administration processes while simultaneously reinventing the way brokers, policyholders, and property/casualty insurers collaborate and connect.