Why AMS360 Software is Ideal for Your Insurance Agency?

Last updated: 11 Jul, 2024 By | 6 Minutes Read


From balancing administrative work with sales, finding new leads to getting renewals, and keeping up with technology —managing your insurance agency’s operations can be daunting. This is where AMS360 insurance agency management software comes into play.

AMS360 is one of the popular insurance agency management software that can help you improve your agency’s processes, streamline operations, and drive business growth.

According to a report, 890 insurance agencies are leveraging AMS360 software for their day-to-day operations. It is an ideal solution for independent agency owners like you, allowing you to focus on what matters for your business.

Why AMS360 Insurance Software is an Ideal Solution?

AMS360 insurance software is a powerhouse tool for insurance agents, and the reasons are many. Some of these are as follows:

  • Centralize record of policies, policy changes, notes, and other documents for E&O and servicing needs
  • Process commissions to insurance brokers and agents
  • Manage tasks, policy accounts, and contacts of customers and agents
  • Access ACORD forms for submitting applications of claims and policies
  • Need to create, deliver, and document the COI and auto ID cards for holders
  • Automates daily repetitive tasks
  • Reduce data inaccuracies and errors quickly
  • Gain real-time visibility into the agency’s operations
  • Simplify logistical concerns and administrative tasks

What are the Benefits of AMS360?

1. Get a 360° view of client information

As an insurance agency, you will have to monitor multiple policies of customers. Nobody wants to browse through Excel sheets to retrieve the information of that one policyholder. This is where AMS360 insurance software can help you. Its built-in feature provides quick access to all the data and gives a comprehensive view of everything you need. Ultimately, in a few clicks, your work is done.

2. Up-to-date accounts of insurance

Insurance agents usually maintain accounts of their customers to maintain a proper workflow. With AMS360, you can keep all the tabs up-to-date and gain real-time insights into any account. This will enable you to make policy changes or process renewal requests easily.

3. Retain customers with quick renewals

Every customer has its own set of unique requirements, especially when it comes to policy renewals. Moreover, you will not chase every customer or remind them of renewals, eventually losing you one policy.

That’s why AMS360 notifies you in advance of maturing policies. It will help you inform your customers about maturity and renew as per their needs. It is the most appropriate way to retain policyholders because they would love your personalized approach related to their insurance maturity every year.

4. Collaborate with carriers efficiently

As an insurance agent, keeping open communication with insurance carriers is crucial. It will help you deliver your customers with personalized policies by ensuring collaboration with underwriters. You can integrate AMS360 into agency-carrier workflow with TransactNOW and keep track of every new policy released.

5. Improve your teams’ productivity

AMS360 insurance software works for the core of your agency. It ensures that your teams focus on revenue-generating tasks like finding new leads, retaining customers, and binding policies. It takes care of all the repetitive tasks by automating the processes. The software allows you team to bring out their best and add value to your business success.

Top Features of AMS360 Insurance Agency Management Software

The software offers multiple features that you should explore to leverage the platform to the fullest:

  • Multi-office customization
  • Premium Finance Center
  • Automated Reporting
  • Policy Management
  • Claims Management
  • Sweep Tracking and Reconciliation
  • Telephony Integration
  • ACORD forms
  • Accounting tools, including billing
  • Commission Management

Bottom Line

AMS360 software has an easy learning curve. Whether your agency is undergoing complex processes or simply wants to centralize policyholders’ information, AMS360 is all that you need. However investing in software is one thing, but training your team on the same is another additional expense. This is where insurance back-office support services can help you.

At Insurance Support World, our dedicated team has years of experience running your agency management software. We have the expertise, knowledge, and skills to do the job for you at an affordable cost, optimizing your processes and boosting efficiency.

To learn how our team can support you, please get in touch with us. Please give us a call at +1 646 688 2821 or send an email to [email protected].

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