Insurance CRM Featurelist

Insurance CRM Featurelist

 

Scenario of the Insurance industry & CRM for Insurance business

The Insurance industry is where businesses converge be it banks, NBFCs like brokerage firms, loan / service companies, Insurance companies, etc. Money flows through the market in the form of stocks, bonds, mutual funds, debentures, etc. Every Insurance business primarily focuses on growing their money at a macro level.  Executing sales flawlessly can be a mammoth task when there’s a lot at stake while managing money for individuals and corporates. Bad sales can give you a bottleneck and drain business down a drain.

CRM can help improve conversions by providing a highly equipped sales management, regulate follow-up activities & squeeze insights from real time numbers. Many Insurance enterprises & other Insurance businesses in Australia, U.S.A, UK, Africa, Singapore, etc. use crms. This trend has moved to India and as per the KPMG-CII report the Insurance sector in India will boom till 2020. This also assures that Insurance crm solutions will help businesses make smart moves for at least the next 3-7 years.

Know the 100+ things that you can do with a Insurance CRM in this comprehensive feature list.

 

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Modules of Insurance Services CRM:

1. Sales Target Module

This module helps you:

– Freeze, track and monitor sales targets for your Insurance business and sales teams respectively.

– Minutely observe your financial progress.

– Monitor & administer the sales activities of your business and sales team members.

 

2. Lead Management Module

This module lets you:

– Add numerous leads.

– View the status of every lead follow-up and prioritize prospective clients to sell more Insurances.

– Categorize and allot leads according to your choice.

– Get sales forecasts to predict your business’ revenue expansion.

 

3. Follow-up Modules: Call, Email, SMS & Meeting Modules

These modules help you:

– Follow-up with leads via calls, emails, sms and meetings.

– Streamline follow-up calls, emails, sms and meetings with potential clients.

– Set reminders for follow-ups, calls and meetings.

 

4. Insurance Module

This module lets you:

– Add, organize and manage different insurance details.

– View and upgrade the status and take relative steps like follow-ups, etc.

 

5. Agents Module

This module helps you:

– Include and manage multiple agents’ details.

– Know commission details, pay dates and status.

 

6. Incentives / Commission Module

This module lets you:

– Add and oversee incentive particulars and payments of sales people / Insurance agents.

 

7. Payment Module

This module lets you:

– Add and manage incentive and commission payments via NEFT, cheques, etc.

 

8. Payment Collection Module

This module lets you:

– Stay informed about client’s payments; cheque & courier details.

– Convey sms & email alerts to clients.

 

9. Client Module

This module lets you:

– You can add contact details of clients.

– Assign, categorize, and communicate seamlessly with your clients via calls, emails and sms.

 

10. Calendar Module

This module lets you:

– Serves as a calendar.

– Let’s you mark important dates relevant to your business, employees, leads and clients.

 

11. Import Data Module

This module lets you:

– Pull-in data of your existing clients, contacts, policies, renewals, etc.

– Know the details of data importing.

– Avoid data duplication.

 

12. Tags Module

This module lets you:

– Create & customize tags.

 

13. Announcement Module

This module lets you:

– Make and streamline announcements for internal employees of your firm and CRM software.

 

14. Company Module

This module lets you:

– Add and manage specifics of your firm and branch; save and get basic contact details.

– Add, modify and trash contact details & designations of sales people & agents according to departments.

 

15. Tasks Module

This module lets you:

– Type-in different tasks with descriptions.

– View the completion status, priority and finish date of every task.

 

16. Pending Data Module

This module lets you:

– Know exactly what data is pending throughout your leads, clients and contacts.

 

17. Newsletter Greeting Module

This module lets you:

– Convey mass emails to existing & potential clients.

– Execute email marketing campaigns.

 

18. Birthday & Anniversary Module

This module lets you:

– Wish Clients via emails & sms.

– Set reminders for the same.

 

19. Reports Module

This module gives you:

– Access to updated & intelligent reports for better clarity about your business, sales & employees.

 

20. User Module

This module lets you:

– Add new users in the CRM.

– Describe and know their roles & titles.

– Provide access permissions to various modules of the Insurance CRM.

– Group users as per their departments, branches and designations.

 

21. Contacts Module

This module lets you:

– Compile, modify and delete clients’ contact details.

– Save important dates regarding the insurance policies purchased.

– Set prompts for payments, etc.

 

Conclusion:

We hope our humble effort to provide Insurance businesses with the maximum information for selecting a Insurance crm has been helpful.

 

Try a bootleg version of our Insurance CRM here.

Read more informative posts: Insurance CRM

 

Resources & sign-up:

 

Booklet on 110 Plus Features of Insurance CRM

Booklet on 110 Plus Features of Insurance CRM

Infographic on Features & Functionalities of Insurance CRM

Infographic on Features & Functionalities of Insurance CRM

How Insurance CRM increases Profits & Performance

How Insurance CRM increases Profits & Performance

Factsheet on CRM for Insurance Business

Factsheet on CRM for Insurance Business

Checklist for Buying Insurance CRM Software

Checklist for Buying Insurance CRM Software

Buyers Guide for Insurance CRM software

Buyers Guide for Insurance CRM software

Booklet on Insurance CRM for Sales Target management

Booklet on Insurance CRM for Sales Target management

Booklet on Insurance CRM for Lead Management

Booklet on Insurance CRM for Lead Management

5 Key CRM Reports Insurance Business

5 Key CRM Reports Insurance Business

Top Features Insurance CRM software

Top Features Insurance CRM software

 

 

 

 

 

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