API for insurance company integration
Exchange business with insurance companies through the API.
Features
Automation, data flow and workflow efficiency.
PraktoraWeb is an advanced cloud-based system deployed to industry security standards. It addresses every aspect of managing an insurance broking business, and it is fully focused on automation, data flow and workflow efficiency.
- Cloud hosted
- Browser interface
- Responsive
- Workflow management
- KYC & compliance
- Customer access
- VAT accounting
Why PraktoraWeb
Built to meet the market's new demands.
Major changes in the insurance markets over the past few years have put unprecedented demands on the broking business. PraktoraWeb was developed to address them: the business process runs in the system, so the team re-keys less and the data stays accurate from enquiry to claim.
General features
What every PraktoraWeb customer gets.
Cloud hosted, browser interface
Responsive design that scales to any desktop size.
Easy to use
User-friendly interfaces, built on best practice in the broking industry.
Quick implementation
An effective and quick implementation process.
Inbuilt workflow process management
The business process runs in the system, with turnaround times for every procedure.
Built-in operational procedures
Including KYC and other compliance procedures.
Multiple workflows
For large retail business and for corporate, SME and MNC business.
Proposal forms and broking slips
All modules come pre-built with their proposal forms and broking slips.
Email inside the application
Emails are generated and managed within the workflow, with a dynamic communication process.
Approvals and notifications
Alerts and notifications, and approvals where the decision is needed.
Proactive management reporting
Reports and dashboards in every module.
Document management system
Scan, barcode and bind each document to its policy, claim or invoice.
Strong finance system
Including VAT accounting, closings and statements.
Connectivity
Access for everyone who touches the business.
Corporate customer access
Corporate customers see their portfolio, policies and claims.
Individual customer access
Individual customers see their own policies.
Management access
Dashboards, approvals and reporting.
Salesperson and agent access
Sales staff and agents on their own portfolios.
Integration
Connected to insurers, payments and the tools you already use.
Payment gateway and third-party APIs
Payment gateway integrations, and an API for third-party software integration.
Email with Gmail and Office 365
Mail flows in and out of the workflow with the mailbox you already use.
Compliance
Regulator and tax procedures, built in.
UAE insurance-regulator requirements
The built-in workflow procedures follow the standard procedures the regulator requires.
Federal Tax Authority requirements
VAT accounting and the finance procedures the FTA expects.
Questions
Common questions.
Is PraktoraWeb cloud-based?
Yes. It is cloud-hosted and used from the browser, with a responsive interface that scales to any desktop size.
Which kinds of broking does it cover?
Retail and SME broking, corporate broking for large brokers and MNCs, individual life and investment, re-insurance broking (facultative and treaty), insurance consulting, aggregator and online-portal channels, and portfolio management for corporate customers and individual sales agents.
Does it handle UAE VAT?
Yes. The finance system includes VAT accounting, and the procedures follow Federal Tax Authority requirements.
Can our customers and agents log in?
Yes. There are separate access modules for corporate customers, individual customers, management users and salespeople or agents.
Is there a demo video?
Yes, on the PraktoraWeb product site. A live demo on your own lines of business goes further: request one here.
Who supports us in the Gulf?
Logos Technologies LLC in Dubai represents PraktoraWeb in the Gulf. BLS Software in Bangalore builds and supports the product.
See it on your own book of business