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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.

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.
 

Insurance Companies using Sage Software:

Sage 500 ERP

Sage 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 500 »
 
Sage 500 ERP—Just What the Doctor Ordered (health insurance)
 
 

Sage 100 (formerly Sage MAS 90 and MAS 200)

When you choose a Sage 100 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 100 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 100 »
 
Armed Services Mutual Benefit Association (Insurance)
 

Saleslogix CRM

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.  Saleslogix CRM »
 
 
 
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