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Broker Solutions

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We understand your challenges

Today's brokerage environment is highly competitive.  Brokers are called on to do more with less.  Reducing the amount of time and expense associated with bringing on new business and issuing endorsements is critical.  Unfortunately, antiquated manual processes utilize an immense amount of human involvement across multiple systems that can triple or quadruple the time it takes to process transactions.  This leads to increased headcount, increased expenses and a sizeable E&O exposure.

 

Blackshield is modular, customizable and built to perform a broad array of tasks.  Every action is documented to the specific user and email chains are virtually eliminated to reduce reporting errors and omissions.
 

Blackshield connects everyone and eliminates the need to run multiple systems and duplicate entries when managing programs.  

Powerful Robotics to Automate Repetitive Tasks:
 

  • Flood Zone data

  • MVR requests

  • Accounting reconciliation

  • Online Quoting

  • Premium Finance processes

  • Benchmarking

  • Reporting

  • Updating schedules

  • COI Requests

  • Any process...

The Solution

How does Blackshield help

  • 3rd Party API integration

  • Manage changes to schedules made by broker or client

  • Ability to provide direct client access

  • Manage the aggregation of programs written on individual policies

  • Automated Flood Zone Data

  • Accounting reconciliation

  • Eliminate Audits

  • Monitor and analyze aggregation

  • Online checkout and automated billing to reduce expenses

  • Automated MVR Requests

  • Verify property values

  • Loss Run repository

  • Reduces E&O exposure

  • Track loss performance

  • Benchmarking

  • Identifies underwriting issues before they become a problem

When to Use Blackshield

  • Online Quote-Rate-Bind Solutions

  • Real Estate Portfolios and Programs

  • Transportation and fleet programs 

  • Captives

  • Risk Retention Groups

  • Risk Purchasing Groups

  • When giving client direct access

  • Customized client portals

  • ​​Large "Master Policies" or programs issuing a large number of individual policies

  • Property & Equipment Schedules

  • Captives and Risk Retention Groups

  • Risk Purchasing Groups

  • Energy and Marine schedules

  • Specialty, "niche" programs

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