- SAIBA is an ERP for insurance brokers which covers almost all aspects of insurance broking industry.
- Already used by more than 350+ brokers across various countries.
- End to end solution from CRM to balance sheet.
- Easily Customizable: according to needs.
- User Friendly: very user friendly, minimal training required.
- SMS & Emails: supports both text and uni-code formats.
- Printing: print policies, cover notes, stickers, broker slips risk notes, debit notes, credit notes, receipts etc. in your own formats.
- Renewal Tracking: state of the art renewal management system through notices, email and SMS.
- Regulatory Reports: get regulatory reports exactly in the formats required by your regulator, customization free of cost till SLA is in force.
- Service & Support: state of the art support service with no hidden cost and active remote support available to the customers during the office hours.
SAIBAOnline
For Insurance Brokers
Benefits of Using Insurance Broker Management Software
By keeping the various activities and requirements of an insurance brokers in mind, we have developed a leading insurance broker management software, named “SAIBA” to fulfill their business management as well as financial management needs.
Our Software for insurance brokers - “SAIBA” is a first of its kind insurance broking management software worldwide that covers almost all the aspects of insurance broking industry. The vision of SAIBA software is to provide assistance to insurance brokers in marketing as well as back-office management.
Through SAIBA, the leading insurance broker management system, one can consolidate all the activities of an insurance broker, which helps in both retaining and gaining new business by providing handful information and various analysis support.
This software offers a unified view of customers, efficiently managing their activities and opportunities. SAIBAOnline - supports a wide array of insurance products, including Motor, Health, Property, Engineering, Travel, Home, and Life Insurance. Our insurance broker management software provides comprehensive support for all sales channels, encompassing brokers, Point of Sales, Agents, Call Centers, and Direct Employees.
With our insurance broking management software, direct insurance brokers experience improved operational processes, enhanced management information, and an efficient audit trail system. We offer integrated email, SMS, and electronic document management features to boost brokers' day-to-day business and improve overall efficiency. Simson's advanced insurance brokerage management software is designed to simplify every aspect of insurance broking, including CRM, policy management, claims, accounting, and compliance.
The insurance broker management software seamlessly integrates with Online Platforms, enabling Quote Management and Policy Management tracking with automated workflows. Additionally, insurance brokers can easily integrate with Login on Customer Websites, empowering brokers with a self-service web-based platform to manage relationships with insurance brokers, agents, and customers effectively.
At Simson Softwares, we have proudly served esteemed clients such as Marsh, Willis, Howden, Mahindra, Toyota, Anvity, Bonanza, EF, JB Boda, SMC, Salsar, ALasar, SREI, Unison, Prudent, KM Dastur, Premier, BBM, New Age, UIB, R2S, FISCO, Savington, Canopy, and Turtle, among others.
Our Solutions
SAIBAOnline Indian Edition
For Indian insurance brokers and corporate agents
Salient Features
Modules & Sections
- CARM: inbuilt CARM which includes integrated management of tele-calling, marketing activities, daily diary entry and appointment scheduling etc.
- Get daily appointment and renewal due list in your mailbox
- Comprehensive management of prospective business
- Travel expense billing and reimbursement system
- QMS: comprehensive quotation management system starts from receiving enquiry to placement of business
- Generate broker slips and quote comparatives in your own format through templates design by yourself
- Quote request through email to insurer directly from system.
- Cover Note & Motor Sticker Management : comprehensive management of motor stickers and cover note.
- Policy Management: end to end management of life and general insurance policies which includes:
- Printing of risk notes, welcome letter, debit notes, credit notes, & receipts, in your own format.
- Printing of policies, if applicable
- Endorsement Management
- Premium management and ageing analysis
- Managing dispatches and policy status tracking.
- Various business analysis reports detailed, summary and graphical.
- Renewal Management: SAIBA has a very strong renewal management system with SMS, notices and email reminders. renewal reports based on various custom filters and formats like RM wise, reference wise and policy department wise
- Claims Management: SAIBA has full featured claim management system for motor, health and other non-health policies.
- Claim tracking, detailed claim analysis and claim ratio analysis customer wise and insurer wise
- Outstanding claim reports and claim ageing analysis
- Claim status tracking can be enabled for customers through website on request.
- Document Management: comprehensive management of electronic documents and policies (moving towards paperless office).
- CRS: A system to manage cash/cheques received in organization.
- Fee: generate and track invoices to customers in lieu of various services rendered, manage receipt & balance tracking.
- Business Intelligence: generate reports of your own choice in your own format. consolidated reporting for life, general, pension and funeral insurance. various graphical business reports.
- SiFAMs: our own multi-currency financial accounting system. some of the key features of SiFAMs are:
- Comprehensive management of general and life insurance premium,
- Various outstanding ageing analysis.
- General ledger.
- Budget verses actual analysis and variance report.
- Various books like day book, bank book, cash book etc.
- Trail balance, P&L statement and balance sheet.
- Cash flow and other financial reports.
- Customer as well RM wise business income analysis.
Technologies
- SAIBAOnline Indian Edition is built using Microsoft .NET Framework 4.7 technologies, leveraging C# for backend development, AngularJS and jQuery for the frontend, and .NET Core API for web services.
- Microsoft SQL Server 2022 is being used as database in all of our applications, which is one of the most trusted database in the world.
- Dynamic HTML Reports, PDF Reports, Excel Reports, SAP Crystal Reports.
SAIBAOnline Global Edition
For overseas brokers and corporate agents
Salient Features
- SAIBA is an ERP for insurance brokers which covers almost all aspects of insurance broking industry.
- Already used by more than 350+ brokers across various countries.
- End to end solution from CRM to balance sheet.
- Easily customizable: according to needs
- User friendly: very user friendly, minimal training required.
- SMS & Emails: supports both text and uni-code formats.
- Printing: print policies, cover notes, stickers, broker slips risk notes, debit notes, credit notes, receipts etc. in your own formats.
- Renewal Tracking: state of the art renewal management system through notices, email and SMS.
- Regulatory Reports: get regulatory reports exactly in the formats required by your regulator, customization free of cost till SLA is in force.
- Service & Support: state of the art service, available 365 days a year for the office hours of the clients.
- No hidden cost, state of the art remote support service
- CARM: inbuilt CARM which includes integrated management of tele-calling, marketing activities, daily diary entry and appointment scheduling etc.
- Get daily appointment and renewal due list in your mailbox
- Comprehensive management of prospective business
- Travel expense billing and reimbursement system
- QMS: Comprehensive quotation management system starts from receiving enquiry to placement of business
- Generate broker slips and quote comparatives in your own format through templates design by yourself
- Quote request through email to insurer directly from system.
- Cover Note & Motor Sticker Management: comprehensive management of motor stickers and cover note.
- Policy Management: end to end management of life and general insurance policies which includes:
- Printing of risk notes, welcome letter, debit notes, credit notes, & receipts, in your own format.
- Printing of policies if applicable
- Endorsement Management
- Premium management and ageing analysis
- Managing dispatches and policy status tracking,
- Various business analysis reports detailed, summary and graphical.
- Renewal Management: SAIBA has a very strong renewal management system with automated SMS, Notices and email reminders. renewal reports based on various custom filters and formats like RM wise, reference wise and policy department wise
- Claims Management: SAIBA has full featured claim management system for motor, health and other non-health policies.
- Claim tracking, detailed claim analysis and claim ratio analysis customer wise and insurer wise
- Outstanding claim reports and claim ageing analysis
- Claim status tracking can be enabled for customers through website on request.
- Document Management: comprehensive management of electronic documents and policies (Moving towards paperless office).
- CRS: A system to manage cash/cheques received in organization.
- Fee: generate and track invoices to customers in lieu of various services rendered. manage receipt & balance tracking.
- Business Intelligence: generate reports of your own choice in your own format. consolidated reporting for life, general, pension and funeral insurance. various graphical business reports.
- SiFAMs: Our own multi-currency financial accounting system. Some of the key features of SiFAMs are:
- Comprehensive management of general and life insurance premium,
- Various outstanding ageing analysis.
- General ledger.
- Budget verses actual analysis and variance report.
- Various books like day book, bank book, cash book etc.
- Trail balance, P&L statement and balance sheet.
- Cash flow and other financial reports.
- Customer as well RM wise business income analysis.
Modules & Sections
- CARM: inbuilt CARM which includes integrated management of tele-calling, marketing activities, daily diary entry and appointment scheduling etc.
- Get daily appointment and renewal due list in your mailbox
- Comprehensive management of prospective business
- Travel expense billing and reimbursement system
- QMS: comprehensive quotation management system starts from receiving enquiry to placement of business
- Generate broker slips and quote comparatives in your own format through templates design by yourself
- Quote request through email to insurer directly from system.
- Cover note & Motor Sticker Management: comprehensive management of motor stickers and cover note.
- Policy Management: end to end management of life and general insurance policies which includes:
- Printing of risk notes, welcome letter, debit notes, credit notes, & receipts, in your own format.
- Printing of policies if applicable.
- Endorsement Management.
- Premium management and ageing analysis.
- Managing dispatches and policy status tracking.
- Various business analysis reports detailed, summary and graphical.
- SAIBA has been build using Microsoft dotNet Framework 4.5 technologies using C#
- Renewal Management: SAIBA has a very strong renewal management system with automated SMS, notices and email reminders. renewal reports based on various custom filters and formats like RM wise, reference wise and policy department wise
- Claims Management : SAIBA has full featured claim management system for motor, health and other non-health policies.
- Claim tracking, detailed claim analysis and claim ratio analysis customer wise and insurer wise.
- Outstanding claim reports and claim aging analysis.
- Claim status tracking can be enabled for customers through website on request.
- Document Management: Comprehensive management of electronic documents and policies (moving towards paperless office)
- CRS : A system to manage cash/cheques received in organization.
- Fee: Generate and track invoices to customers in lieu of various services rendered. manage receipt & balance tracking.
- Business Intelligence: Generate reports of your own choice in your own format. consolidated reporting for life, general, pension and funeral insurance. Various graphical business reports
- SiFAMs: Our own multi-currency financial accounting system some of the key features of SiFAMs are:
- Comprehensive management of general and life insurance premium.
- Various outstanding ageing analysis.
- General ledger.
- Budget verses actual analysis and variance report.
- Various books like day book, bank book, cash book etc.
- Trail balance, P&L statement and balance sheet.
- Cash flow and other financial reports.
- Customer as well RM wise business income analysis.
Technologies
- SAIBAOnline Global Edition is built using .NET Core 8 technologies, leveraging C# for backend development, Angular 18 for the frontend, and .NET Core API for web services.
- Microsoft SQL Server 2022 is being used as database in all of our applications, which is one of the most trusted database in the world.
- Dynamic HTML Reports, PDF Reports, Excel Reports.
SAIBAOnline Corporate Edition
For corporates to manage their insurance portfolio
SAIBA Corporate : Salient Features
- SAIBA Corporate is a comprehensive insurance portfolio management software for corporate houses & industries, which covers almost all aspects of insurance management.
- Derived from the 12 year old tested product, which is already being used by 150+ brokers in various countries.
- Easily customizable: according to needs.
- User friendly: very user friendly, minimal training required.
- SMS & Emails: integrated email & SMS management.
- Printing: print quotation slips, risk notes, debit notes, credit notes, receipts, renewal notices etc. in your own formats.
- Renewal Tracking: state of the art renewal management system through renewal notices, email and SMS.
- Analysis & Reports: get various analysis based on class of insurance, group companies, locations, cash flow, assets, employees, endorsements, claims ratio and sum insured utilization.
- Service & Support: state of the art service, available 365 days a year for the office hours of the clients.
- No hidden cost, state of the art remote support service.
- SMS & Emails: integrated email & SMS management.
Modules & Sections
- CARM: inbuilt CARM which includes integrated management of daily activities, task scheduling, appointment scheduling and customer etc.
- Get daily appointment and renewal due list in your mailbox.
- Comprehensive management of group companies, factories, offices or branch across universe.
- Travel expense billing and reimbursement process.
- Available on mobile also.
- QMS: Comprehensive quotation management system starts from receiving request from any department, office, factory branch, store or repository.
- Generate broker quote slips based on predefined templates for each class and sub class of business and send those to various insurers and brokers by mail directly from system.
- Receiving quote and prepare comparatives in your own format through templates design by yourself.
- On finalization of quote, generate mandate letter to brokers, insurers
- Generate placement slip for insurer and send directly to broker/insurer by mail from system.
- Policy Management: comprehensive management of general insurance & group life policies which includes:
- Printing of risk notes, placement slip, welcome letter, debit notes, credit notes, & receipts, in your own format.
- Endorsement Management.
- Premium management and ageing analysis.
- Support multi-currency.
- Managing dispatches and policy status tracking,
- Various business analysis reports detailed, summary and graphical.
- Renewal Management: SAIBA has a very strong renewal management system with automated SMS, notices and email reminders. renewal reports based on various custom filters and formats like RM wise, reference wise and policy department wise.
- Claims Management: SAIBA has full featured claim management system for motor, health and other non-health policies.
- Claim tracking, detailed claim analysis and claim ratio analysis customer wise and insurer wise.
- Outstanding claim reports and claim aging analysis.
- Claim status tracking can be enabled for customers through website on request.
- Document Management: Comprehensive management of electronic documents and policies (moving towards paperless office).
- Business Intelligence: generate reports of your own choice in your own format. consolidated reporting for life, general, pension and funeral insurance. Various graphical business reports.
- SiFAMs: Our own multi-currency financial accounting system. some of the key features of SiFAMs are:
- Comprehensive management of general and life insurance premium.
- Various outstanding ageing analysis.
- General ledger
- Budget verses actual analysis and variance report.
- Various books like day book, bank book, cash book etc.
- Trail balance, P&L statement and balance sheet.
- Cash flow and other financial reports.
- Customer as well RM wise business income analysis.
Technologies
- SAIBA Corporate is built using .NET Core 8 technologies, leveraging C# for backend development, Angular 18 for the frontend, and .NET Core API for web services.
- Microsoft SQL Server 2022 is being used as database in all of our applications, which is one of the most trusted database in the world.
- Dynamic HTML Reports, PDF Reports, Excel Reports.
FAQ’s
Frequently Asked Questions
Insurance brokers software in India offers multiple different modules like CARM, QMS, CRS, GI Operations, LI Operations, Billing and Receipts, Claims, SiFAMs, Grievance, Office Management.
Yes, few software for insurance brokers in India, offer features for reminders of daily and follow-up tasks. SAIBAOnline includes task management modules that allow brokers to schedule and receive notifications for important activities, ensuring timely follow-ups and efficient management of their workload.
Yes, SAIBAOnline software facilitates various automated reminders to client/customers i.e., policy renewal reminder, marine declarations and fire stock declarations reminders, float balance intimation etc.
Yes, SAIBAOnline , can send daily, monthly, financial yearly business and brokerage reports to management as per scheduled.
Simson’s insurance broker software in India can be integrated with customer websites. This integration allows brokers to provide an experience for their clients by enabling features such as customer self-service portals, online policy management, quote requests, and claim submissions directly through the website.
Insurance broker software solutions in India are typically developed in compliance with the norms and regulations set by the Insurance Regulatory and Development Authority of India (IRDAI). It also generates various compliance reports to submit to regulatory bodies required time to time.
Insurance broking software in India can be installed on both an on-premises server and on a cloud server. All Simson Softwares can be accessed from anywhere as they are web-based ERP softwares. This typically involves configuring secure remote connections, such as through a VPN or remote desktop services, to ensure that brokers can access the software securely from different locations.