Instec

Instec Insurance Platform

Composite Score

7.7 /10

CX Score

8.2 /10

6 Reviews Write a Review

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What is Instec Insurance Platform?

With Instec's insurance policy platform, you can capitalize on new opportunities before your competitors do, because our policy management system is built for speed and reliability.

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Instec Insurance Platform Ratings

Real user data aggregated to summarize the product performance and customer experience.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

88 Likeliness to Recommend

100 Plan to Renew

100 Satisfaction of Cost Relative to Value

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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+100 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Instec Insurance Platform?

0% Negative

3% Neutral

97% Positive

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Feature Ratings

Average 88

Policy Administration

Policy Management

Document Management

Legal Matter Management

Communication Management

Risk and Fraud Assessment

Dashboard

Workflow Management

Content Management

Compliance Management

Analytics and Reporting

Vendor Capability Ratings

Average 88

Ease of Implementation

Ease of IT Administration

Usability and Intuitiveness

Business Value Created

Quality of Features

Ease of Data Integration

Vendor Support

Ease of Customization

Availability and Quality of Training

Breadth of Features

Product Strategy and Rate of Improvement

Instec Insurance Platform Reviews

Dennis N.

Role: Finance
Industry: Manufacturing
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Jul 2022

Cost Affordable Solution for Risk Management

Likeliness to Recommend

9 /10

What differentiates Instec Insurance Platform from other similar products?

Instec Insurance includes all the insurance plans, where premiums and other extras are well included.

What is your favorite aspect of this product?

Instec Insurance has better mechanisms in controlling the risks, where it conducts extensive evaluation of the possible challenges. Further, developing premiums is made efficient by the tool.

What do you dislike most about this product?

Instec Insurance has controlled all the insurance demands, where business costs and sustainable structures are well deployed.

What recommendations would you give to someone considering this product?

Instec Insurance is a powerful insurance management platform, and this increases the risks control structures..

Pros

Helps Innovate
Performance Enhancing
Enables Productivity
Trustworthy

Instec Insurance Platform

What is Instec Insurance Platform?

Company Details

Book a Free Demo Today!

Instec Insurance Platform Ratings

88 Likeliness to Recommend

100 Plan to Renew

100 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

+100 Net Emotional Footprint

How much do users love Instec Insurance Platform?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Policy Administration Includes customer records, invoicing, billing, and claim settlements.

Policy Management Solution centralizes policies, standards, and procedures mapped to regulations or best-practices (PCI-DSS, ISO/IEC, HIPAA, etc.) with built-in templates.

Document Management Includes features such as check-in/check-out and versioning controls on documents and artifacts.

Legal Matter Management Includes conflict and ethics control, business intelligence, and marketing.

Communication Management Includes verbal and non-verbal information sharing, multiple languages, and a goal-oriented objective.

Risk and Fraud Assessment Includes the ability to document, mitigate, and respond to project risk conditions across the portfolio and detect instances of potential fraudulent claims.

Dashboard Includes alerts and notifications, KPIs, visual analytics, and interactive features.

Workflow Management Includes ability to support flexible and comprehensive workflow-based capabilities.

Content Management Includes collaboration, check-in/check-out, and version control.

Compliance Management Includes compliance controls, compliance rules engine, and compliance monitoring.

Analytics and Reporting Includes historical & real-time dashboard visualizations, detailed & summary reporting and easy data extraction for data analysis.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Instec Insurance Platform Reviews

Dennis N.

Cost Affordable Solution for Risk Management

Likeliness to Recommend

Pros

Feature Ratings

Policy Administration

Policy Management

Document Management

Legal Matter Management

Communication Management

Risk and Fraud Assessment

Dashboard

Workflow Management

Content Management

Compliance Management

Analytics and Reporting

Vendor Capability Ratings

Ease of Implementation

Ease of IT Administration

Usability and Intuitiveness

Business Value Created

Quality of Features

Ease of Data Integration

Vendor Support

Ease of Customization

Availability and Quality of Training

Breadth of Features

Product Strategy and Rate of Improvement