Aggregators and online portals
Aggregator and online-portal channels as part of the same broking workflow.
PraktoraWeb · Business process and workflow system for insurance broking
Do less, sell more. Broking, run as one workflow.
PraktoraWeb is the cloud workflow system for insurance brokers: sales, placements, finance, reconciliation, claims and the operating procedures regulators expect, in one browser-based system. Represented in the Gulf by Logos Technologies LLC, Dubai, and built by BLS Software from twenty years of working with brokers.
- Working with brokers20+ years
- DeploymentCloud, in the browser
- Represented inUAE · Gulf · India
- ProceduresRegulator and FTA aligned
Business we cover
Eight kinds of insurance business. One system.
PraktoraWeb is configured to the way each business places, services and settles.
General insurance, retail broking
The retail broking business workflow across motor, medical, marine, home, travel and yacht.
General insurance, large corporate brokers and MNCs
Corporate broking workflow from proposal to policy issuance, with group policies and claims linked to accounts.
Individual life insurance and investment
Individual policies and the workflow around them.
Re-insurance broking
Facultative and treaty business.
Insurance consulting
A consulting revenue model, with the same documents, procedures and workflow.
Corporate customer portfolio management
Managing a corporate customer's insurance portfolio, with the customer's own access.
Individual sales agents' portfolios
Portfolio management for individual sales agents, with agent access and commission procedures.
Why PraktoraWeb
The insurance market has changed more in a few years than in the twenty before.
Those changes put new demands on the broking business: regulator procedures, VAT, customer access, faster turnaround. PraktoraWeb was developed to meet them. It is focused on automation, data flow and workflow efficiency, so the team re-keys less and the numbers stay right from enquiry to claim.
- Cloud-hosted, browser interface, responsive to any desktop size.
- Built-in workflow procedures, including KYC and other compliance steps.
- Multiple workflows for large retail business and for corporate, SME and MNC business.
- A strong finance system, including VAT accounting and insurer reconciliation.
Features and modules
Ten areas, one digital platform for the broking business.
CRM
Leads, prospects, opportunities, renewals and cross-selling, with customer, agent and insurer records in one place.
Aggregators
Aggregator and online-portal channels.
Email & Documents
Email generated and managed inside the application; documents bound to the policy, claim or invoice.
Broking & Placements
Retail, SME and corporate workflows; group and individual policies.
Finance & Accounting
Core finance with VAT accounting, billing, reconciliation, commission or consulting models.
Operation Procedures
Built-in procedures, including KYC and compliance, for how the business runs.
Connectivity
Access for corporate customers, individual customers, management and sales agents.
Alerts & Approvals
Alerts, approvals and turnaround times along the workflow.
Claims
Motor, medical, general and life claims from intimation to settlement, linked to accounts.
Regulators
Procedures aligned to UAE insurance-regulator and Federal Tax Authority requirements.
Clients
Brokers across the Gulf run on PraktoraWeb.
Retail brokers, corporate brokers and the regional offices of international groups, from Dubai and Abu Dhabi across the GCC.
What customers say
In their words.
We have been using PraktoraWeb for the last two years. It is the only insurance-broking-specialised software in the market. It is reliable and user-friendly. The vendor regularly updates the software with new features, reports and shortcuts, and customer support is strong, with a very quick turnaround time.
Accelerator, that's what we call Praktora! A great tool to streamline the processes and promote efficiency on all levels.
Where to find us
Dubai for the Gulf. Bangalore for the product.
PraktoraWeb is represented in the Gulf by Logos Technologies LLC and built by BLS Software Pvt Ltd, a Bangalore software company that has worked with insurance brokers for twenty years.
01
Gulf: Logos Technologies LLC
1208, B2B Towers, Marasi Drive, Business Bay, Dubai, UAE. sales@praktora.com
02
India: BLS Software Pvt Ltd
Sakti Statesman Building, #710, 7th Floor, 34/1, 7th Main, Iblur, Outer Ring Road, Bangalore 560103. sales@blssoft.in
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