Premium Audit Management Technology & Software is the Future of Premium Audits

Matt Hickman, Director Business Development

September 20th 2024

Premium audits are an important yet often complex and time-consuming aspect of the insurance industry. Juggling data, tracking progress, and ensuring security can feel overwhelming for clients and auditors. But what if there was a way to make that whole process easier and less daunting, making everything more efficient, transparent, and secure? Our premium audit software resolves these valid pain points. 

This premium audit management system is cutting-edge software designed to revolutionize the premium audit experience. Developed by Insurity and licensed by Davies, this system effortlessly manages and retrieves audit data for clients and internal teams.  This software offers our clients a strategic, state-of-the-art advantage and enhances the entire audit process. 

Innovative Features

We recognize that traditional audit management methods were often cumbersome and time-consuming and lacked the transparency that clients craved. The software is designed to focus on three main factors: improved efficiency, access to real-time updates, and protection of sensitive data. The intuitive navigation and user-friendly design allow users to spend less time searching for information and more on analysis and decision-making. 

Let’s take a closer look at the software’s game-changing features: 

  • Intuitive Navigation. The interface offers a clean, organized layout with information in an easy-to-find format that gives insurance carriers and underwriters exactly what they need without a maze of menus and submenus. The dashboard is customizable, and the robust search function lets anyone quickly locate specific documents, reports, or data points. 
  • Progress Tracking. The software offers real-time updates for users to track audits and view key metrics, such as the number of jobs in progress, late jobs, and jobs in billing. This feature gives clients the freedom to track their audits at their discretion without needing to ask for periodic updates.  
  • Multi-Factor Authentication. Data security is a top priority for Davies. Our premium audit software incorporates multi-factor authentication (MFA) to add an extra layer of protection against unauthorized access. MFA requires users to provide a second form of verification, such as a code sent to their phone or email, to keep sensitive audit data safe against potential cyberattacks. 

Revolutionizing Premium Audits 

This tool is a testament to Davies’ forward-thinking approach to premium audits. For Davies’ clients, it means greater accuracy, faster decision-making, data security, and real-time information. This software solution delivers tangible benefits aimed at improving your team’s premium audit management. 

Want to learn more? Contact Matt Hickman at Matt.Hickman@us.davies-group.com today for a demo and see firsthand how our premium audit software transforms the premium audit process and the insurance industry. 

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