Copact is the Broker’s Competitive Advantage
Get the most from your staff, your technology and your agency with Copact’s insurance process support.
Insurance agencies today are struggling with the common problem of finding talent and retaining them. Due to the demand of higher wages, more benefits, and flexible schedules, agencies now have to spend more cash to find the right people and to meet the demands.
How do you keep your spending under your control and grow your business? We have a better solution to this situation for agencies to enhance their revenue growing ability and yet keeping the cash flow planned.
Copact provides insurance agencies and brokers solutions that are perfect your business needs. Our solutions are tailor made that are focused to reduce the extra expense and increase revenue.
CUSTOMIZED INSURANCE SOLUTIONS
Understanding Your Business Needs
Our model is very carefully designed to Reduce Operational Inefficiencies.
This well-structured process will have the flexibility to meet all your business needs.
Certificate Services
Copact’s COI issuance tools let your agency deliver accurate and timely certificates without adding workload to your staff.
Policy Services
Copact provides comprehensive policy checking services in a timely & error-free, ensuring excellent accuracy.
Accounting Services
Copact helps you get paid faster. Our team will manage billing and invoicing transactions and deliver timely updates to your agency management system, allowing your billing process to be more efficient.
Document Retreivel and Indexing
Inbound email is tedious and time-consuming for your account managers. Copact acts as a virtual assistant, trained to review, triage and index documents from carriers, customers and prospects into your AMS.
Loss Runs and Summaries
Streamline your renewals and new business process by allowing Copact to provide loss data to your producers and staff.
Date Entry Services
Insurance runs on data and Copact Data Services helps agencies transition between AMS, update new business/producer data and more.
Implementation Roadmap
The Copact Process
Step 1 - Understanding
Copact initiates the implementation by working to understand your current processes. We will take time to understand your business goals and how your account staff works to better assess your needs and deliver the right process solutions.
Step 2 - Documentation
Copact will work closely with your management and staff to develop and document step-to-step business process manuals which will be used during training and implementation.
Step 3 - Testing
To ensure a smooth roll-out of services, all process procedures and manuals are tested thoroughly and approved by the agency to ensure the business processes are efficient and nothing no details are missed.
Step 4 - Going Live
Once the agency feels comfortable with our testing results, it’s time to go-live. The agency will be assigned a relationship manager that will monitor all processes and provide frequent updates to agency management.