Coordinate insurance carriers and customers faster with Catalytic.
Using Catalytic’s automation and AI platform, you can quote, underwrite and bind insurance policies faster than ever before.
Create more compelling and consistent customer experiences, adapt quickly to change and sustain continuous underwriting.
Our predictive analytics will make insurance risk calculation simple, increase accuracy and make your policy recommendations better.
Catalytic can automatically gather multiple insurance quotes, generate a customized proposal document with preliminary coverage and pricing recommendations, then deliver it to a customer. Use our platform to help you assess risk and recommend coverage based on past clients with similar profiles. With reduced turnaround time for insurance quotes, you can respond to customers more quickly and accurately.
Catalytic can organize collection and intake of key new business and individual customer data for underwriting. After policy approval and activation, use our platform to automatically generate and send custom welcome packets and issue certificates of insurance. With Catalytic, you’ll also be able to manage customer and insurance carrier communications in one place. With a shorter process, you can onboard significantly more customers.
Use Catalytic for all that happens after onboarding. Administer renewals and cancellations automatically. Keep up to date contact lists. Map payment reconciliation. Set regular alerts for policies projected to lapse or expire, then send notifications to customers to complete tasks like premium reminders. Automatically categorize and process claims. Orchestrate a quick fraud check and follow-up notices. And track billing and payments easier. With all of this automated with Catalytic, you can focus on better customer service.
In just one year, one insurance company automated its quote-to-proposal time by almost 5,000 hours and increased number of total proposals processed by using Catalytic.
Catalytic can integrate and automate any of the apps you currently use for your insurance processes.