Insurance

BONSURE

Low Code App Suite For Insurance Companies

Underwriting

Underwriting

Deploy & iterate your Underwriter Workbench Template as fast as your organization demands.

Claims

Claims

Kickstart your Project with the Claims Portal Template and leverage the seamless integration options.

Agents

Agents

Improve Broker Satisfaction, Retain and Attract Customers with our White Label Broker Portal.

Quote & Buy

Quote & Buy

Accelerate your Quote & Buy capabilities and connect to your core insurance applications.
WHAT WE DO

Supercharge Your Insurance Business

Your customers, agents, brokers and employees need new solutions in all areas, such as underwriting, claim handling, and quote and buy. Bonjoy provides Insurance Solution Templates and key digital capabilities to your organizations.

  • Prioritize the features your customers need
  • Align everyone around the roadmap
  • Define your product vision with customer feedback
BONSURE

Business Drivers

  • Premium Growth

  • Increase Policy Profitability

    How is your insurance company handling the pressure to find new customers or create innovative products and services to offset the high costs of natural disasters and underwhelming financial performance?
    Many insurers are now forced to rethink their business models and how they can lead with a digital- first strategy to drive new areas of growth and improve overall profitability.

    Bonjoy provides a suite of insurance templates, allowing your enterprise to rapidly deliver next-generation digital engagement solutions across mobile, web and your call center to your agents, brokers, and customers. Engage customers on their own terms at the right time and in the right place to vastly increase your ability to up-sell and cross-sell, as well as deliver a seamless user experience. Along with creating new sources of revenue and increasing average policies per customer, these innovations can dramatically improve agent share of wallet and customer satisfaction scores.

  • Regulations

  • Respond to State and Federal Regulations

    Many insurance carriers operate in multiple states or even in multiple countries. Adjusting your policies and procedures to adhere quickly to new state or federal regulations is critical to achieving compliance.

    Bonjoy will help you to customize your workflows, business rules, and application UI in a matter of hours—not months—allowing you to become compliant with state and federal regulations overnight. With our insurance templates, you can configure additional security, risk management, and monitoring in place to meet IT compliance standards. A highly flexible and scalable platform approach to software development enables our solution to grow and change with your business so you can focus more on the ever-changing needs of your customers and less on regulatory updates.

  • Combined Ratio

  • Decrease the Cost of Underwriting and Claims

    With increased pressure to reduce costs stemming from slowed revenue growth, streamlined operations are a must. According to Forrester, reducing operating costs is a top priority for 40% of insurers. One contributing factor to high back-office costs is that many organizations still rely on manual tasks and resource-intensive processes to transact business or service their customers and agents.

    Bonjoy gives you the tools for digitizing and optimizing operations. By connecting disparate systems of data, applying data standards, and automating manual processes, you can speed up processing times, thereby reducing support costs. Using our industry templates, your organization can rapidly build its way to a “zero-touch” state for quoting, underwriting, policy issuance, billing, claim submission, and more. Such process efficiency helps drive revenue because your teams can get more work done faster.

  • Reduce IT Debt

  • Reduce Your Legacy IT Debt

    According to Gartner’s 2017 insurance CIO survey, 66 percent of IT budgets are spent just keeping the lights on. It’s no secret that legacy environments are costlier to maintain and operate than modern systems. But, for many, migration or updating them seems out of reach. Decades of legacy system accumulation has created a tangled web of interdependencies that can make data standardization and migration difficult, labor-intensive, and expensive.

    Bonjoy offers you a simpler way. With our full-stack visual development tools, your teams can redesign and modernize 10 times faster than with traditional development methods. To reduce the risk of failure, migration can be done in phases and at your own pace, using a modular approach. A second path to modernization is using our solutions as a digital front-end wrapper to existing legacy systems. With an open API framework, your IT organization can consolidate multiple core systems and data sources, improving data transparency and allowing employees to respond more quickly to customer needs.

Increase Policy Profitability

How is your insurance company handling the pressure to find new customers or create innovative products and services to offset the high costs of natural disasters and underwhelming financial performance?
Many insurers are now forced to rethink their business models and how they can lead with a digital- first strategy to drive new areas of growth and improve overall profitability.

Bonjoy provides a suite of insurance templates, allowing your enterprise to rapidly deliver next-generation digital engagement solutions across mobile, web and your call center to your agents, brokers, and customers. Engage customers on their own terms at the right time and in the right place to vastly increase your ability to up-sell and cross-sell, as well as deliver a seamless user experience. Along with creating new sources of revenue and increasing average policies per customer, these innovations can dramatically improve agent share of wallet and customer satisfaction scores.

Respond to State and Federal Regulations

Many insurance carriers operate in multiple states or even in multiple countries. Adjusting your policies and procedures to adhere quickly to new state or federal regulations is critical to achieving compliance.

Bonjoy will help you to customize your workflows, business rules, and application UI in a matter of hours—not months—allowing you to become compliant with state and federal regulations overnight. With our insurance templates, you can configure additional security, risk management, and monitoring in place to meet IT compliance standards. A highly flexible and scalable platform approach to software development enables our solution to grow and change with your business so you can focus more on the ever-changing needs of your customers and less on regulatory updates.

Decrease the Cost of Underwriting and Claims

With increased pressure to reduce costs stemming from slowed revenue growth, streamlined operations are a must. According to Forrester, reducing operating costs is a top priority for 40% of insurers. One contributing factor to high back-office costs is that many organizations still rely on manual tasks and resource-intensive processes to transact business or service their customers and agents.

Bonjoy gives you the tools for digitizing and optimizing operations. By connecting disparate systems of data, applying data standards, and automating manual processes, you can speed up processing times, thereby reducing support costs. Using our industry templates, your organization can rapidly build its way to a “zero-touch” state for quoting, underwriting, policy issuance, billing, claim submission, and more. Such process efficiency helps drive revenue because your teams can get more work done faster.

Reduce Your Legacy IT Debt

According to Gartner’s 2017 insurance CIO survey, 66 percent of IT budgets are spent just keeping the lights on. It’s no secret that legacy environments are costlier to maintain and operate than modern systems. But, for many, migration or updating them seems out of reach. Decades of legacy system accumulation has created a tangled web of interdependencies that can make data standardization and migration difficult, labor-intensive, and expensive.

Bonjoy offers you a simpler way. With our full-stack visual development tools, your teams can redesign and modernize 10 times faster than with traditional development methods. To reduce the risk of failure, migration can be done in phases and at your own pace, using a modular approach. A second path to modernization is using our solutions as a digital front-end wrapper to existing legacy systems. With an open API framework, your IT organization can consolidate multiple core systems and data sources, improving data transparency and allowing employees to respond more quickly to customer needs.

Underwriting
Workbench

How Bonjoy solutions for insurance enable carriers
to break through their core challenges.

Claim Portal

How Bonjoy Solutions for Insurance enable Your Clients

to easily submit their Claim Information and receive responses in Real Time.

Agent Portal

How Bonjoy Solutions for Insurance enable Brokers with an Instant Underwriting Process

and an easy Claims Management Portal. 

Quote & Buy Portal

How Bonjoy solutions for insurance improve the digital customer experience.