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Insurance Companies
Insurance businesses protect themselves by using Sage Software products
This industry includes insurance carriers, underwriters, agents, and brokers providing personal, group, and business insurance services. Operation Details: Sales, underwriting, and claims adjusting are common activities of businesses in this industry.
Insurance companies and agencies provide bonding and a host of financial planning and investment services, and/or engage in real estate sales as well. |
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These operations involve the adjusting of claims for insurance companies. Examples would be automobile, contract violation, or medical malpractice claims.
About 150,000 insurance agency and broker offices in the US generate annual revenues of $93 billion. Large companies include Aon, Marsh & McLennan, Arthur J Gallagher, and the North American operations of Willis Group. Despite the prominence of large companies in the commercial segment, the industry remains highly fragmented: the largest 50 firms only hold 20 percent of the total market. The average independent agent office has three employees and generates less than $1 million dollars in annual revenue. Many companies that primarily offer insurance products to businesses function mainly as brokers. Captive agencies operate as a sales agent for a single insurer, working on its behalf; independent brokers sell products from several providers.
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Insurance Companies using Sage Software: |
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Sage MAS 500: |
| Sage MAS 500 ERP is a highly reliable, robust, and integrated series of business applications delivering a complete business management solution that’s flexible, scalable and fullfeatured— offering key business insights to make your company more productive and profitable. Read more about Sage MAS 500 » |
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| Delta Dental Of Arizona (dental insurance) |
| Blue Cross of Northeastern Pennsylvania (medical insurance) |
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Sage MAS 90 and MAS 200 |
| When you choose a Sage MAS 90 or Sage MAS 200 ERP system, you gain the accounting and business management tools and the insights to propel your company to a more productive and profitable future. Select from more than 25 modules and hundreds of industry-specific add-ons to tailor a Sage MAS 90 or 200 system to meet your business needs. And as you grow, you can expand the system to accommodate your company’s requirements long into the future. Read more about Sage MAS 90 and MAS 200 » |
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| Gotham Sales Company (extended warranties) |
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SalesLogix CRM |
| Sage SalesLogix, an award-winning Customer Relationship Management (CRM) solution, provides a complete view of customer interactions across your entire organization—from sales and marketing to customer service and support. Whether your employees are conducting an in-person sales call, creating a marketing campaign, responding to a billing inquiry, or resolving service issues, they’ll always have the information they need to perform their jobs effectively and deliver outstanding customer experiences. Sage SalesLogix CRM » |
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| Blue Cross - Blue Shield of Tennessee (health insurance) |
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Abra HRMS (human resources and payroll) |
Sage Abra HRMS is the market leader in Human Resource and Payroll solutions. Sage Abra provides a comprehensive, robust and intuitive set of tools to streamline your HR and Payroll administrative and management processes.
Sage Abra HRMS » |
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| AAA Southern New England (automotive insurance) |
| Asurion (specialty insurance and marketing services) |
| The Mattei Companies LLC
(commercial insurance underwriting) |
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