Full-Cycle Insurance

Core Insurance Product

Offers full-cycle insurance coverage with custom-designed certificates and fraud protection.

New Business

Mid-Term Adjustments (MTAs)

Lapses

Cancellations

We provide everything required for a robust insurance system

At CoverKraft, we understand the complexities of managing insurance operations throughout the entire lifecycle. Our full-cycle insurance solutions provide comprehensive coverage from new business to mid-term adjustments, renewals, lapses, and cancellations. Streamline your processes and enhance efficiency with our powerful platform.

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New Business

Streamlined Onboarding: Effortlessly onboard new clients and policies with our intuitive platform.
Policy Issuance: Generate and issue policies seamlessly, ensuring accurate coverage details and documentation.
Underwriting Support: Access robust underwriting tools and data to make informed decisions quickly.
Automated Quoting: Generate accurate quotes based on client information and coverage requirements.
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Mid-Term Adjustments (MTAs)

Policy Modifications: Easily make changes to policies, such as adjusting coverage limits or adding additional insured parties.
Endorsements and Add-ons: Efficiently process endorsements and offer add-on coverage options to meet evolving client needs.
Documentation Updates: Automatically update policy documentation to reflect mid-term changes and ensure accuracy.
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Renewals

Automated Renewal Reminders: Never miss a policy renewal with our automated reminder system, keeping you and your clients informed.
Seamless Renewal Process: Streamline the renewal process, enabling clients to continue coverage seamlessly.
Pricing and Rating Updates: Easily update pricing and rating information for renewals based on market trends and policy history.
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Lapses

Policy Monitoring: Proactively track policy status to identify potential lapses and take appropriate actions.
Policy Reinstatement: Streamline the reinstatement process for lapsed policies, ensuring uninterrupted coverage for clients.
Lapse Notifications: Receive alerts and notifications to take prompt action in case of potential policy lapses.
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Cancellations

Cancellation Requests: Process cancellation requests smoothly, ensuring compliance with policy terms and regulations.
Refund Calculations: Automatically calculate refunds based on cancellation date and policy terms.
Documentation and Reporting: Generate cancellation documentation and reports for accurate record-keeping.

Comprehesive Full-Cycle Insurance

CoverKraft's full-cycle insurance solutions provide a comprehensive and seamless experience for insurance operations. From new business acquisition to mid-term adjustments, renewals, lapses, and cancellations, our platform empowers you to streamline processes, enhance efficiency, and deliver exceptional service to your clients.

Insurance Renewal

Embrace the power of low-code technology

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Blog

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All Features

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Full Cycle Insurance

Core Insurance
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Master Administration Site

Administration
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WhatsApp Integration

Marketing
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Business Rules Engine

Core Insurance
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Fully Localizable

Core Insurance
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Public Website

Marketing
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Diary Management

Administration
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White-labeled site

Administration
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Integrated Chat

Marketing
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Document Generation

Core Insurance
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Document Management

Core Insurance
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Marketing Automation

Marketing
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Email Campaigns

Marketing
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Fraud Protection

Payments
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Payment Gateway

Payments
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Consumption-based Insurance

Payments

Don't get left behind! 

Your competitors are already embracing the power of low-code technology.

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