ParaCode

4.8 (10)
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Straightforward insurance technology from straight talking

About ParaCode

The ParaCode platform aims to reduce the time-to-market through its easy-to-use implementation capability, as well as the ability to react to new opportunities or changes in the market. New products can be built in hours rather than weeks, whilst product updates can happen in minutes rather than days.

ParaCode achieve this with our no-code insurable definition capability, flexible and powerful rating engine, drag and drop screen form builder, templated document generator and report generator.

ParaCode offers an end-to-end client journey from quotation through to purchase, subjectivity management, MTA, claims and renewal.

The platform incorporates powerful tools for managing communications via email, SMS, telephone and surface mail.
You can sell more through your channels with customisable out of the box portals for agents and web customers.

Hosting and technology base
ParaCode is a cloud-native platform, hosted in Microsoft Azure and built using the latest versions of Microsoft .Net Core and Entity Framework Core.

This provides a scalable, robust and secure platform from the outset.

All data is backed up automatically throughout the day, with replication to a second data centre.


Key benefits of ParaCode

Self-serve product builder
rate table builder
form builder
document generator
Quote creation
Policy management suite
Claims management suite
Report writer
Data warehouse
Payment integrations
Sanctions integrations
Data enrichment integrations
Customer portal
Broker portal


Images

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Reviews

Overall rating

4.8 /5
(10)
Value for Money
4.8/5
Features
4.6/5
Ease of Use
4.7/5
Customer Support
5/5

Already have ParaCode?

Software buyers need your help! Product reviews help the rest of us make great decisions.

Showing 5 reviews of 10
Donny
Donny
Overall rating
  • Industry: Financial Services
  • Company size: 51–200 Employees
  • Used Monthly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Excellent Company

Reviewed on 2024/06/21

Pros

Very helpful staff
Comprehensive Product

Cons

I wouldn't think of any clear con about the software or business

Stewart
Overall rating
  • Industry: Insurance
  • Company size: 2–10 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

Streamlined Success with Paracode: A Partner in Business Growth

Reviewed on 2024/11/20

Our overall experience with Paracode has been excellent. Their team has been incredibly supportive...

Our overall experience with Paracode has been excellent. Their team has been incredibly supportive and helpful, playing a pivotal role in getting our business operational and trading in a remarkably short timeframe. Their expertise, responsiveness, and commitment to understanding our needs have been instrumental in our success.

Pros

Paracode is an exceptionally versatile underwriting and policy administration system that has enabled our business to efficiently deliver complex commercial products in a remarkably short timeframe. The team supporting Paracode is highly experienced, knowledgeable, and always approachable, ensuring seamless implementation and ongoing support. Their expertise and commitment have been invaluable to our operations.

Cons

Overall, the system meets our needs effectively. However, like any system, there are a few areas for improvement. One notable area is the ability to generate and build custom reports directly within the platform, which would enhance functionality and user experience. That said, the Paracode team is highly responsive to feedback and proactive in addressing future developments, with many of these enhancements already in the pipeline.

Kelly
Overall rating
  • Industry: Insurance
  • Company size: 2–10 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 6.0 /10

Paracode underwriting system

Reviewed on 2024/06/25

Friendly, helpful team, responsive with any questions or querys.

Friendly, helpful team, responsive with any questions or querys.

Pros

Layout
Fast document production
Responsive development team
Speed of system

Cons

Some areas havent been as flexible as we would like.
A few teething problems but as you would expect from a new system and the team have been great helping us get them resolved.

Keith
Overall rating
  • Industry: Insurance
  • Company size: 2–10 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Paracode changed the way we work ....for the better !

Reviewed on 2024/06/26

Very good, a game changer for our day to day operations, hugely efficient.

Very good, a game changer for our day to day operations, hugely efficient.

Pros

Paracode has proven to be a robust, flexible and much needed operating system for our business, streamlining much of what we do and proving efficiencies that we never imagined

Cons

Changing any operations system is always difficult. Whilst those at Paracode with an IT background, often use a different language and perhaps just how IT illiterate we perhaps are, fortunately their in-depth understanding our Industry proved very useful.

Levi
Overall rating
  • Industry: Insurance
  • Company size: 2–10 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

ParaCode Super Software

Reviewed on 2024/05/29

Our over all experience has been amazing, the ParaCode team have been easy to communicate with and...

Our over all experience has been amazing, the ParaCode team have been easy to communicate with and always provides us with any support we need.

Pros

The best thing about ParaCode, is the flexibility, the system is able to adapt to our needs, allowing us to effectively and productively get the job done.

Cons

I would say the thing we like the least is how we currently file documents, as we cannot put these into folders, however we have been informed this will be changed soon.

Showing 5 reviews of 10 Read all reviews

ParaCode FAQs

Below are some frequently asked questions for ParaCode.

ParaCode has the following typical customers:

Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000

ParaCode supports the following languages:

English

ParaCode supports the following devices:

We do not have any information about what integrations ParaCode has

ParaCode offers the following support options:

Email/Help Desk, Phone Support

Related categories

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