The Ultimate Tool for Insurance Agents: Canopy's Insurance Data Intake Platform

TL;DR:

• Canopy Connect introduces Insurance Data Intake Platform for insurance agencies
• New platform combines verification, forms, document upload, and data enrichment
• Solves issues with traditional quoting process and streamlines data collection
• Over 1.9 million insurance policies securely shared through platform

We at Canopy Connect are excited to announce a revolutionary leap forward in insurance data intake for agencies. We've been at the forefront of consumer-permissioned verification technology, and now we're introducing our Insurance Data Intake Platform.

This platform goes beyond just verification. It combines our core technology with forms, document upload, and data enrichment functionalities. This means agencies can collect everything they need to consult with clients and build quotes, all in one place. Streamline your quoting process and eliminate the hassle of juggling multiple tools with Canopy Connect.

The Problem with Traditional Insurance Quoting Process

Many insurance agencies lack a standard intake process to properly advise their clients. They rely on antiquated intake forms, having their client fill out dozens of fields on their own, or they collect the information over the phone. The data is unverified and is often incorrect.

“The intake step of the insurance quoting process is cobbled together, lacks consistency, and is operationally ill-defined. With verified data coming in directly from the carrier, you know it’s accurate, whereas a typical intake form or phone call is limited to a client’s understanding—or misunderstanding—of their policy.”
Ray Huang, Head of Marketing at Canopy Connect

Larger insurance agencies depend on rigid processes to get the information needed to advise and quote a new client. They understand that a declarations page has most of the factual policy information, however, the effort it takes a client to search for and send the documents is often underestimated. Agencies will hire teams of people just to handle the process of gathering the data, then deal with double-entry to input that into their other systems. This takes massive amounts of valuable time and resources, and tends to still lead to frequent errors.

The Solution: Canopy Connect's Insurance Data Intake Platform

Empowering insurance agencies? We're used to it—over 1.9 million insurance policies have now been securely shared through our platform, powered by consumer permission.

This incredible achievement reflects the trust both consumers and insurance agencies have placed in Canopy Connect. We're proud to empower a seamless and secure data exchange that streamlines the insurance experience for everyone.

But the good news doesn't stop there!

We've recently introduced even more powerful features in our insurance data intake platform:

• Customizable Forms: Tailor data collection to your specific needs, ensuring you capture the most relevant information.
• Document Uploads: Streamline the process by allowing clients to securely upload additional documents directly through Canopy Connect.
• Data Enrichment Options: Gain a more comprehensive view of your clients with enriched data insights.

These enhancements further solidify Canopy Connect as the complete insurance data intake solution for our growing network of over 3,000 insurance agency customers.

“Canopy Connect has been an extremely helpful tool for our office, making it so easy for my clients to share their insurance information. Adding these additional options to collect the information I need addresses any of my prospects’ previous objections to using it and really completes my intake process.”
Alex Meincken, Partner at Clear Choice Insurance

So, how does the Insurance Data Intake Platform work?

Insurance agents can easily send a custom link to a prospective client to start sharing their personal or commercial insurance information. This can be sent manually, but more often is triggered via an automation following a quote request.

Prospects simply select their insurance carrier and sign in with their carrier credentials to share their verified insurance information with their agent. Prospects can now alternatively upload their declarations page and other documents. Canopy Connect's new DecSight™ accurately extracts the underlying information in a declarations page and structures it into usable data.

After the initial submission, prospects can now be presented with a customized form to verify or gather additional information that you wouldn't get from the carrier. 

In seconds, insurance agents will have a comprehensive view of a prospect’s insurance profile—including policy data, declarations pages, and other documents, contact information, drivers, vehicles, enriched property and building data, claims history, commercial loss runs, and more.

Agents can further enrich the profile with household information, driver’s license numbers, and driving records.

Canopy Connect’s insurance data intake platform is integrated into the most popular comparative raters, agency management systems, and CRM systems.

To learn more about Canopy Connect’s insurance data intake platform, visit: https://www.usecanopy.com/insurance-data-intake.