SUCCESS STORIES
We work with you in joint team to implement Macaw Products & Components for your success
Macaw Agency Management System addresses the complete value chain of Insurance Brokers, MGAs and Underwriting Managers from CRM to Accounting.
Macaw CRM is an Insurer's CRM, it is a point solution for Insurers with existing legacy back-office system to facilitate consolidation and self-service.
Macaw Explorer offers powerful data visualization with pre-defined dashboards, allowing users to easily upload datasets and view dynamic charts for multi-dimensional insights.
Macaw Operations is a traditional back-office for P&C Insurers covering sales to reinsurance.
Nest believes in delivering through joint teams with customer organization participating in transformation.
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Nest has many years of experience in implementing technology solutions for Insurance industry. The time-tested methodology focuses on delivery of portions of the full workflow in an iterative, controlled, predictable manner, where the solutioning for customer's process improvements are addressed.
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Customer organization is expected to bring in the experience around its products and unique processes into play, along with potential improvements that are envisioned.
Nest is proud to present some of the success stories of its Products and Solutions being implemented to solve specific needs of Insurers.
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In one instance, the Customer organization executed a complete transformation of all its functions and work-arounds across many systems resulting into a virtual office with improved service levels.
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In another instance, the Customer organization could digitize all its specialized products, consolidate and streamline its processes into an integrated, connected and customer facing operating model resulting in better efficiency and time to market.
Wide functional coverage:
Facilitates end to end business functions from customer relationship management, opportunity management, quotation processing, automated underwriting and rating, policy issuance and policy document creation, policy servicing functions like endorsements, cancellations and reinstatements, claims intimation and recording, and accounting functions. The add-on product facilitates reporting, statistics and charts from the operational data; with this facility the MGA can track the KPIs and observe the trends.
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Superior technical architecture:
Open-source platform layer components, cloud-based deployment and open APIs across products and components facilitate easy integration with in-house systems and with in-flow external systems. Anytime anywhere any-device ability, combined with straight through processes can facilitate the MGAs / Brokers to have an omni-channel experience .
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Anytime Anywhere Self-service:​
Ability to self-serve is built into the products, assets and solutions: self-service is not limited to the customers and producers but is also extended to the carrier partners and the service providers providing ancillary services.
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Extended Configurability:​
The users are not dependent upon Nest to change their business processes: they can themselves define the data to be captured, the underwriting criteria, the rates, the customer facing documents and the email templates.
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No-loss Data Migration:​
Close to 100% data can be migrated using Nest's migration workbench components. Nest uses robotic process automation tools in order to go through the migration cycle, resulting into easier reconciliation of data after migration.
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24X7 production support:
The MGAs / Brokers may not have people with extensive experience of maintaining a technology platform. To address this, Nest’s solutions are built in a way where the operational support comes along with commitments to high availability, compliance to information security practices and compliance to data privacy requirements.
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Outcome based cost model:
Nest's engagement model is flexible. With innovative and flexible pricing models that are sometimes based on the outcome of the transformation exercise and results obtained, Nest makes the Digital Transformation affordable for smaller agencies with limited resources.
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