at Financial Technnology Year
This content is provided by FinTechBenchmarker.com who are responsible for the content. Please contact them if you have any questions.
PreciseFP from PreciseFP
Offers detailed insurance-focused data gathering forms, integration with financial planning software, and efficient client onboarding for insurance needs analysis. Enables secure collection of health and financial information necessary for comprehensive insurance planning.
Product analysis by function
Insurance Needs Analysis Software for Financial Planning
Applications that help advisors quantify clients' life, disability, long-term care, and property/casualty insurance needs based on their financial situation and goals.
More Insurance Needs Analysis Software
More Financial Planning ...
Client Data Input & Management
(0 Yes /0 Known /10 Possible features)
|
Comprehensive Client Profile Ability to gather detailed demographic, financial, health, and lifestyle data for individuals and households. |
. | No information available |
|
Customizable Data Fields Option to add or modify input fields to suit unique client circumstances or firm preferences. |
. | No information available |
|
Pre-population of Data Features to auto-fill information from CRM or other integrated systems. |
. | No information available |
|
Family Members Management Capability to add, view, and assess insurance needs for multiple family members. |
. | No information available |
|
Bulk Import/Export Ability to upload/download client data in batches. |
. | No information available |
|
Data History/Versioning Track and restore previous versions of client data. |
. | No information available |
|
Document Upload Upload and store relevant documents such as policies, statements, and personal records. |
. | No information available |
|
Data Validation Built-in checks for data accuracy and completeness. |
. | No information available |
|
Multi-currency Support Support for multiple currencies for international clients. |
. | No information available |
|
Maximum Profiles Supported The number of client profiles that can be stored per user/account. |
. | No information available |
Needs Analysis & Calculation Engine
(0 Yes /0 Known /10 Possible features)
|
Life Insurance Need Calculator Calculates the amount of life insurance required to protect beneficiaries’ financial future. |
. | No information available |
|
Disability Insurance Need Calculator Estimates replacement income required in the event of disability. |
. | No information available |
|
Long-Term Care Insurance Need Calculator Projects funding required for extended care (nursing home, assisted living, home health). |
. | No information available |
|
Property & Casualty Insurance Gap Analysis Assesses adequacy of auto, home, liability, and other coverage types. |
. | No information available |
|
Goal-Based Scenarios Ability to model insurance needs for specific goals (education, retirement, debt repayment, etc.). |
. | No information available |
|
Customizable Assumptions Advisors can modify inflation rates, investment returns, and expense growth rates. |
. | No information available |
|
Multi-scenario Analysis Support for running and comparing multiple need scenarios side-by-side. |
. | No information available |
|
Real-Time Calculation Speed Typical time to compute results after data entry. |
. | No information available |
|
Monte Carlo Simulation Models insurance needs under stochastic assumptions for more robust planning. |
. | No information available |
|
Coverage Overlap Detection Identifies areas where multiple policies provide redundant coverage. |
. | No information available |
Integrations & Data Connectivity
(0 Yes /0 Known /10 Possible features)
|
CRM Integration Connects directly to major client relationship management platforms. |
. | No information available |
|
Financial Planning Software Integration Compatibility with broad financial planning systems (e.g., eMoney, MoneyGuidePro, RightCapital). |
. | No information available |
|
Insurance Carrier Data Feeds Import real-time or static product data from insurance carriers. |
. | No information available |
|
API Access Availability of API endpoints for custom integrations. |
. | No information available |
|
Data Synchronization Frequency How often data is automatically synchronized with integrated systems. |
. | No information available |
|
Open Data Standards Support Compatibility with industry data standards (e.g., ACORD, FpML). |
. | No information available |
|
Single Sign-On (SSO) Allows seamless login across integrated platforms. |
. | No information available |
|
Cloud Storage Integration Links with cloud document storage services (e.g., Dropbox, OneDrive). |
. | No information available |
|
Direct Client Portal Access Clients can log in and input or review data themselves. |
. | No information available |
|
Data Import Formats Supported Number of supported data import/export file formats (e.g., CSV, XLSX, JSON, XML). |
. | No information available |
Reporting & Presentation Tools
(0 Yes /0 Known /10 Possible features)
|
Customizable Reports Ability to create branded, tailored reports for clients. |
. | No information available |
|
Dynamic Visualization Tools Interactive graphs and charts for displaying analysis results. |
. | No information available |
|
Export to PDF/Word/Excel Option to export reports in various file formats. |
. | No information available |
|
Side-by-Side Policy Comparison Compare multiple insurance solutions or providers at a glance. |
. | No information available |
|
Presentation Mode Display analysis results in an advisor-client meeting format. |
. | No information available |
|
On-demand Reporting Time Time to generate a complete client report after analysis. |
. | No information available |
|
Needs Summary Dashboard High-level overview panel showing outstanding needs and coverage. |
. | No information available |
|
Client/Advisor Comments Section Built-in fields for notes, action items, and recommendations. |
. | No information available |
|
Automated Recommendations System suggests coverage amount/types based on analysis results. |
. | No information available |
|
Bilingual/Multilingual Reporting Generate reports in multiple languages. |
. | No information available |
Compliance & Regulatory Features
(0 Yes /0 Known /10 Possible features)
|
Regulatory Needs Analysis Modules Compliance checks based on country/state-specific insurance rules. |
. | No information available |
|
Audit Trail Records every data change, user access, and decision made in the system. |
. | No information available |
|
e-Signature Integration Support for digital signatures to confirm recommendations. |
. | No information available |
|
Consent Management Track and manage client consent for data storage and processing. |
. | No information available |
|
Compliance Check Automation Real-time alerts for non-compliance with insurance sales regulations. |
. | No information available |
|
Data Retention Policy Management Controls for setting and automating data retention/deletion periods. |
. | No information available |
|
FINRA/SEC Compliance Tools Features specifically designed for broker-dealer or advisory firm oversight. |
. | No information available |
|
User Role Permissions Granular control over who can access or modify sensitive data. |
. | No information available |
|
Encryption at Rest and in Transit Advanced encryption ensures data security. |
. | No information available |
|
Compliance Dashboard Real-time monitoring of all compliance-related activities. |
. | No information available |
User Experience & Accessibility
(0 Yes /0 Known /10 Possible features)
|
Intuitive User Interface Clean, guided workflows that minimize learning curve. |
. | No information available |
|
Mobile Compatibility Fully accessible from mobile devices and tablets. |
. | No information available |
|
Accessibility Compliance (WCAG/ADA) Meets web accessibility standards to serve users with disabilities. |
. | No information available |
|
Notification & Alert System Timely reminders for missing information or follow-ups. |
. | No information available |
|
Navigation Speed Average time to load a new screen or section. |
. | No information available |
|
Customizable Themes/Branding Change color, logo, and style to align with firm branding. |
. | No information available |
|
Language Localization Translate UI elements for non-English speakers. |
. | No information available |
|
Inline Help and Tutorials Step-by-step guides or tooltips built into the interface. |
. | No information available |
|
Multi-user Collaboration Allows multiple advisors or team members to work on a case together. |
. | No information available |
|
Session Timeout Duration Maximum period of inactivity before session automatically logs out. |
. | No information available |
Product Selection & Recommendation Tools
(0 Yes /0 Known /10 Possible features)
|
Integrated Product Databases Access up-to-date information on available insurance products. |
. | No information available |
|
Product Filtering and Sorting Filter by type, cost, carrier, features, ratings, etc. |
. | No information available |
|
Quotation Engine Instant quotes from multiple insurers. |
. | No information available |
|
Illustration Tools Visualize premium, benefit, and cash flow projections over time. |
. | No information available |
|
Carrier Financial Strength Display Show AM Best, S&P, Moody’s, and other carrier ratings. |
. | No information available |
|
Recommendation Wizard Step-by-step assistant for narrowing down choices. |
. | No information available |
|
Product Comparison Table Side-by-side features, pricing, and rider options. |
. | No information available |
|
Client Suitability Assessment Evaluates which products meet client objectives, risk tolerance, and budget. |
. | No information available |
|
Rider/Endorsement Configurator Add, remove, or customize policy riders as part of the selection process. |
. | No information available |
|
Number of Supported Carriers Benchmarks the breadth of carrier options within the database. |
. | No information available |
Security & Privacy
(0 Yes /0 Known /10 Possible features)
|
Multi-factor Authentication Adds a second or third layer of user verification. |
. | No information available |
|
User Activity Monitoring Logs and reviews all system access and actions. |
. | No information available |
|
GDPR/CCPA Support Built-in controls for privacy compliance with global regulations. |
. | No information available |
|
Data Encryption Level Specifies standard (e.g., AES-256) for encryption of stored data. |
. | No information available |
|
Secure Data Centers Location and certification level of hosting infrastructure (e.g., ISO 27001). |
. | No information available |
|
Operation Time Between Backups The maximum allowed time between full system back-ups. |
. | No information available |
|
Automatic Logout Automatically logs users out after inactivity. |
. | No information available |
|
Access Logs Retention Period How long user and system activity logs are stored. |
. | No information available |
|
Customizable Data Access Permissions Firm-defined controls for restricting visibility/edit rights. |
. | No information available |
|
Penetration Testing Frequency Scheduled third-party security testing frequency. |
. | No information available |
Client Engagement Features
(0 Yes /0 Known /10 Possible features)
|
Client Portal Access Clients access their own dashboard, documents, and recommendations. |
. | No information available |
|
Progress Tracking Visual tools to monitor how much of the planning process is complete. |
. | No information available |
|
Automated Email/SMS Notifications Clients receive reminders, updates, or requests for input. |
. | No information available |
|
Online Form Completion Clients can complete questionnaires or provide additional information online. |
. | No information available |
|
E-signature for Approvals Clients can securely sign recommendations or disclosures. |
. | No information available |
|
Client Education Material Library Repository of articles, videos, and guides for insurance education. |
. | No information available |
|
Two-way Messaging Secure chat or message system between advisor and client. |
. | No information available |
|
Schedule Appointments Online Clients can book meetings directly through the portal. |
. | No information available |
|
Client Feedback Collection Surveys or forms to capture client satisfaction or suggestions. |
. | No information available |
|
Co-browsing with Advisor Clients and advisors can view and work in the platform together in real time. |
. | No information available |
Training, Support & Onboarding
(0 Yes /0 Known /10 Possible features)
|
Guided Onboarding Process Step-by-step setup instructions and initial walkthrough. |
. | No information available |
|
Knowledge Base Access Extensive searchable documentation and FAQs. |
. | No information available |
|
Live Chat Support Direct, on-demand chat access to support representatives. |
. | No information available |
|
Phone/Email Support Availability Ability to reach support via phone and/or email during business hours. |
. | No information available |
|
In-Platform Training Modules Self-paced, interactive training within the software. |
. | No information available |
|
Certification/Accreditation Programs Official training for users to become certified experts. |
. | No information available |
|
Community Forums User-led discussions and peer support. |
. | No information available |
|
Implementation Support Team Dedicated team for initial setup and integration. |
. | No information available |
|
Average Support Response Time Average time to initial response during business hours. |
. | No information available |
|
Feature Request Tracking Channel to propose and track enhancements to the platform. |
. | No information available |
Scalability & System Performance
(0 Yes /0 Known /10 Possible features)
|
Concurrent User Capacity Maximum number of advisors that can simultaneously use the system without degradation. |
. | No information available |
|
System Uptime Guarantee Percentage of time the system is operational and available. |
. | No information available |
|
Database Size Support Maximum stored data volume without performance slowdown. |
. | No information available |
|
Latency for Key Operations Time it takes to save, update, or retrieve key information. |
. | No information available |
|
Peak Load Handling System's ability to operate efficiently at maximum expected usage. |
. | No information available |
|
Automatic Scaling Dynamically expands resources as user or data volume increases. |
. | No information available |
|
Scheduled Maintenance Warning Pre-notifies users of upcoming maintenance windows. |
. | No information available |
|
Service Level Agreement (SLA) Formal guarantee of hosted system availability. |
. | No information available |
|
Performance Monitoring Dashboard Real-time monitoring of resource usage and performance. |
. | No information available |
|
Disaster Recovery/Failover Capacity Automatic switchover and data protection in case of system outage. |
. | No information available |
This data was generated by an AI system. Please check
with the supplier. More here
While you are talking to them, please let them know that they need to update their entry.