We are a Baltic software engineering company building, implementing, and maintaining state-of-the-art core software and creating viable tech solutions for the insurance industry for over 15 years.
Long-term partnerships with international insurers such as Vienna Insurance Group, ERGO, and Gjensidige led us to develop a comprehensive, robust, and highly adaptable software solution for core operations of the insurance business that allows to fully meet local business needs whilst satisfying the group’s strategic demands.
Our profound industry knowledge, cost-efficient solutions, and technically adept and experienced team enable both industry leaders and high-growth businesses to improve operational efficiency and boost performance. Focusing on our clients’ success, we passionately help accelerate their digital transformation and develop their unique strategic advantages in the competitive landscape.
ProofIT comes with a comprehensive set of business functionality built with all and every team in mind - including Sales, Underwriting, Policy Management, Claims, Accounting, and even Reinsurance teams.
01 Brokers & Agents Management
02 Accounting & Billing
03 Invoicing & Payment Collection
04 Taxes
05 Recourse Collection
06 Reinsurance
07 Litigations
08 Reporting
01
Efficiently manage your network of brokers and agents with our comprehensive Brokers & Agents Management module. Track performance metrics, automate commission calculations, and streamline communication to enhance productivity and transparency. This module supports detailed profiling of agents, performance tracking through KPIs, and automated reporting to ensure optimal management of your distribution channels
Key Features
• Detailed agent and broker profiles
• Automated commission calculations
• Performance tracking and reporting
• Streamlined communication tools
02
Automate your financial processes with our robust Accounting & Billing module. Handle all aspects of financial management, including accounts payable and receivable, ensuring accurate and timely financial reporting. This module integrates seamlessly with your existing financial systems to provide real-time financial data
and insights.
Key Features
• Comprehensive financial management
• Accounts payable and receivable automation
• Real-time financial reporting
• Seamless integration with financial systems
03
Simplify your invoicing and payment collection processes with our intuitive module. Generate and send invoices automatically, track payment statuses, and streamline
the collection process to improve cash flow management. This module supports multiple payment methods and currencies, ensuring flexibility and convenience
for your clients.
Key Features
• Automated invoice generation and delivery
• Payment tracking and status updates
• Multiple payment methods and currency support
• Integrated reminders for overdue payments
04
Ensure compliance with tax regulations using our tax module. Automatically calculate taxes, generate necessary reports, and stay updated with the latest tax laws to avoid penalties and improve accuracy. This module supports various tax scenarios and jurisdictions, making it suitable for global operations.
Key Features
• Automatic tax calculation
• Comprehensive tax reporting
• Support for multiple jurisdictions
• Real-time tax law updates
05
Manage recourse collections effectively with our dedicated module. Track overdue payments, automate reminders, and take necessary actions to recover outstanding amounts, improving your financial health and reducing bad debts. This module integrates with your financial systems to provide a holistic view of your receivables.
Key Features
• Overdue payment tracking
• Automated reminder system
• Integration with financial systems
• Detailed collection reports
06
Optimize your reinsurance processes with our reinsurance module. Handle all aspects of reinsurance contracts, from placement to claims management, ensuring comprehensive coverage and risk management. This module supports various reinsurance types, including treaty and facultative, and provides detailed analytics for informed decision-making.
Key Features
• Reinsurance contract management
• Claims management and tracking
• Support for multiple reinsurance types
• Detailed analytics and reporting
07
Streamline your litigation management with our comprehensive module. Track and manage legal cases, store relevant documents, and monitor case progress to ensure timely and efficient resolution of legal matters. This module provides a centralized repository for all litigation-related information, improving accessibility and collaboration.
Key Features
• Legal case tracking and management
• Document storage and retrieval
• Case progress monitoring
• Centralized litigation repository
08
Generate detailed reports and gain insights into your business performance with our powerful reporting module. Customize reports to meet your specific needs, and use data analytics to make informed decisions and improve operational efficiency. This module supports real-time data integration and visualization for comprehensive business intelligence.
Key Features
• Customizable reporting templates
• Real-time data integration
• Advanced data analytics
• Interactive data visualization
09
Customize your system to meet your unique business needs with our configurations module. Define workflows, set user permissions, and configure system settings to optimize performance and enhance user experience. This module supports extensive customization options, ensuring your system adapts to your evolving business requirements.
Key Features
• Workflow definition and management
• User permission settings
• System configuration options
• Support for extensive customization
10
Maintain control over your system with our comprehensive system administration module. Manage user accounts, monitor system performance, and ensure data security and integrity with ease. This module provides tools for proactive system maintenance and troubleshooting, enhancing overall system reliability.
Key Features
• User account management
• System performance monitoring
• Data security and integrity
• Proactive system maintenance
11
Seamlessly integrate with third-party systems and applications using our integrations module. This module supports a wide range of APIs, allowing you to connect with external platforms and streamline your operations. It ensures smooth data flow and interoperability, enhancing overall efficiency.
Key Features
• Extensive API support
• Seamless third-party integrations
• Smooth data flow and interoperability
• Enhanced operational efficiency
12
Enhance customer relationships with our CRM module. Track customer interactions, manage leads and opportunities, and use customer data to provide personalized service and improve customer satisfaction. This module supports sales and marketing automation, helping you nurture and grow your customer base.
Key Features
• Customer interaction tracking
• Lead and opportunity management
• Sales and marketing automation
• Personalized customer service
13
Manage the entire policy lifecycle from issuance to renewal with our policy and sales module. Streamline sales processes, automate policy administration, and improve customer service. This module supports multi-channel sales and real-time policy management, ensuring efficiency and accuracy.
Key Features
• Policy issuance and renewal management
• Sales process automation
• Multi-channel sales support
• Real-time policy management
14
Easily create and manage insurance products with our product building and administration module. Define product features, set pricing, and manage product lifecycles, ensuring flexibility and innovation. This module supports rapid product development and deployment, keeping you ahead of the competition.
Key Features
• Product feature definition
• Pricing and lifecycle management
• Rapid product development
• Flexible and innovative product design
15
Automate and streamline your claims processes with our claims management module. Manage claim intakes, assessments, and settlements efficiently, reducing turnaround times and improving customer satisfaction. This module supports straight-through processing and integrates with other systems for comprehensive claims management.
Key Features
• Claim intake and assessment automation
• Efficient claims settlement
• Straight-through processing
• Comprehensive claims management integration
16
Facilitate seamless communication within your organization and with clients using our communications module. Send automated notifications, manage email campaigns, and ensure timely responses to inquiries. This module supports multi-channel communication, enhancing engagement and responsiveness.
Key Features
• Automated notifications
• Email campaign management
• Multi-channel communication support
• Enhanced engagement and responsiveness
17
Stay organized and on top of your tasks with our tasks and reminders module. Set task priorities, assign responsibilities, and receive reminders to ensure that nothing falls through the cracks. This module integrates with your calendar and project management tools, improving overall productivity.
Key Features
• Task prioritization and assignment
• Automated reminders
• Calendar and project management integration
• Improved productivity
Our company highly appreciates and values the trust that our clients place in us
The Claims functionality provides end-to-end support to insurers’ claims department needs, allowing claim teams to manage everything from claim registration and handling