BLACKSHIELD
BLACKSHIELD
Take Control of Your Insurance Program
Why Blackshield?
A Better Way
to Manage
Blackshield works with brokers, carriers, reinsurers and intermediaries who want to be at the forefront of technology and reduce operating expenses. With Blackshield's industry leading features, each implementation is unique to meet your needs. If this is YOUR objective, reach out to us and let us collaborate to determine the right solution for you.
Now is the time!
A Revolutionary Way to Underwrite, Manage and Distribute Insurance Programs
Simple Features Creating Unlimited Opportunities
-
Cloud based Quote - Rate - Bind System with full suite of analytics.
-
Customized levels of underwriting authority
-
Dynamic Notifications
-
Manage levels of authority
-
Underwriting robotics to improve efficiency and reduce costs.
-
B2B and Direct to Consumer sales
-
Unique user action tracking
-
Fully mobile: Access from anywhere.
-
Robust API's work in conjunction with 3rd party systems.
-
Increased speed to market
-
Expand distribution
-
Policy Issuance and Accounting
-
Claims Analytics
-
Electronic Payments, Premium Finance and Installments
Fast & Secure real time data
Blackshield enables full transparency in a secure environment. More than just a means of collecting application information and underwriting, Blackshield's process, underwriting and custom claims analytics can be viewed anytime from anywhere. It is a complete insurance program management solution that is revolutionizing the industry.
Increased efficiency in the overall process, from end to end
Brains, Power... and Beauty
Real time data assures risk, exposures and accounting are always up to date for everyone. Every submission, approval, change, deletion and premium calculations are tracked to each risk and each individual user in real time.
Eliminate audits and spending hours reporting and reconciling schedules
Email and text alerts sent to users to notify of submissions, actions and requests. Underwriters view with one click and Blackshield will also notify agents and insureds when there are any questions or follow ups. Imagine reviewing an entire risk at the click of button and having access to all data at your fingertips.
No more searching through emails and waiting on endorsements
Powerful real time analytics tools to evaluate, model rate exposures. Heat maps and other graphical tools show concentrations of risks, values and exposures by geographic territory, by size, or by risk type. This allows underwriters and brokers to view all details with the click of a button... and react quickly!
Stop spending hours analyzing exposure schedules and performing mindless tasks
Beautifully designed pages and templates combined with a future forward user interface creates a dynamic user experience while reducing the time it takes to launch new programs. The elegant design and ease of use merges quality and efficiency.
Don't settle for less. Your system is your identity. It should signify quality from the moment a user arrives.
A Better Way for Retail and Wholesale Brokers
Increase revenue and reach more insureds through our dynamic, multi-channel distribution platform while reducing the amount of time you spend managing accounts. Mindless time consuming tasks are virtually eliminated along with E&O exposures and accounting discrepancies.
Eliminate master policy and individual policy reporting issues. Every schedule can be customized to include a wide array of rating parameters approved by the underwriter. Pro rata premiums, written premiums, earned premiums and any custom surcharges are automatically calculated.
Customized Electronic payments provide a variety of options for online checkout for efficient quote/bind/pay processing.
A Better Way for Underwriters
Blackshield provides customized control and governance that has historically been unavailable to most carriers. Underwriters maintain control over authority levels, bound risks and pricing. Even better, exposures can be reviewed anytime from anywhere. The platform alerts the underwriters of referrals, adds, deletions, changes, claims or simply the submission of a new risk to review.
Blackshield increases your speed to launch new products, while allowing you to reach more retail brokers, wholesalers and even write direct to insureds.
The Blackshield "Risk Spotlight" is an industry game changer. Imagine having a full time underwriting assistant work 24/7 approving, reviewing and preparing data so that you can underwrite a risk from one single page in minutes... even from your cell phone.
-
Benchmark Rates, Deductibles, Pricing across thousands of risk
​
-
Analyze TIV, wind exposures, fleets, locations, flood, construction types...
​
-
Analyze Trucking and Auto risks in detail for rate, experience, history and deep exposure data
​
-
Electronic Payments
​
-
Book of business portfolio analysis for more effective broking to underwriters
A Better Way for Insureds
If desired, insureds can be given direct limited access to their own exposures to view covered exposures. Or, if assigned a higher level authority, they may make adds, elections and changes on a direct basis.
The platform may also allow insureds or program managers to manage their risks knowing what is covered and what is not.
A truly unique and enjoyable user experience. Customized application process designed with efficiency in mind can allow for instant or referred quotes along with the ability to bind and pay online.
​
​
​