Transactor
About Transactor
Transactor is a cloud-based insurance software for SMBs and enterprises located in the U.K. and Europe. The product offers a wide range of features including underwriting, document management, reporting and accounts management.
Transactor provides an underwriting solution that allows insurance businesses to deploy their own schemes. The company also provides technical underwriters for the purpose of programming and updating the client when a new scheme is built. The front end applications of Transactor continuously interact with the back-end office databases to keep all information up to date, and enhance productivity across the organization.
Transactor offers website development features that support the entire policy processing for B2B and B2C distribution methods. The websites can be customized and branded to meet the exact needs of the insurance companies. Administrators are authorized to control the website and make changes through a web based CMS, reducing development time.
Transactor's document management features allow users to fully archive all documents sent to customers. Transactor also provides MI Cube, a tool that enables offline reporting and the analysis of raw data in order to generate useful business insights. The solution integrates with multiple third party providers including Bankval, Verifone, Sage, LexisNexis, CarweB and Winn Assist, among others. Third party partnerships with payment processing service providers enable clients to accept multiple payment methodologies.
Key benefits of Transactor
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- Industry: Information Technology & Services
- Company size: 5,001–10,000 Employees
- Used Daily for 1-5 months
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Review Source
Overall rating
- Ease of Use
- Customer Support
- Likelihood to recommend 7.0 /10
Transactor
Reviewed on 26/02/2023
Pros
Transactor allows you to create customized screens to collect relevant data using the Screenbuilder tool. I like the dashboard feature again, which provides a great overview. With optional configurations and settings, we can add scripts to help employees assign different permission levels. A big advantage is that Transactor has partnership and collaboration agreements, also an open API to integrate with almost any third party application, ensuring secure connection and document transfer. Various policy documents can be created and edited for print, email, SMS delivery or online document manager access. With additional tools, we can setup full claims processing, including the ability to record payments and collections from customers or third parties.
Cons
I recommend taking full advantage of optional support applications such as Document Manager to use the full potential of the application. If we use without it, it loses its meaning. The application is user friendly, the integration via API with the client suited me, I have nothing to complain about.
Transactor FAQs
Below are some frequently asked questions for Transactor.Q. What type of pricing plans does Transactor offer?
Transactor offers the following pricing plans:
- Starting from: USD 50,000.00/one-time
- Free Trial: Not Available
Contact Transactor Global Solutions for pricing details.
Q. Who are the typical users of Transactor?
Transactor has the following typical customers:
Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000
Q. What languages does Transactor support?
Transactor supports the following languages:
English, Polish
Q. Does Transactor support mobile devices?
Transactor supports the following devices:
Q. What other apps does Transactor integrate with?
We do not have any information about what integrations Transactor has
Q. What level of support does Transactor offer?
Transactor offers the following support options:
Email/Help Desk, Phone Support, Chat
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