Salesforce.com Inc

Vlocity Insurance

7.1 /10

What is Vlocity Insurance?

Successful Insurance organizations understand their clients and their constantly changing needs. They efficiently provide them with the right products, and efficiently administer and service their policies / products at the right times. You need insurance-specific capabilities, and you need all the benefits of the cloud. Now you can have both with Vlocity.

Company Details

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Vlocity Insurance Ratings

Real user data aggregated to summarize the product performance and customer experience.

83 Likeliness to Recommend

100 Plan to Renew

80 Satisfaction of Cost Relative to Value

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Emotional Footprint Overview

+90 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Vlocity Insurance?

1% Negative

12% Neutral

87% Positive

Pros

Helps Innovate
Trustworthy
Unique Features
Effective Service

Feature Ratings

Average 70

Workflow Management

Policy Management

Content Management

Risk and Fraud Assessment

Communication Management

Policy Administration

Document Management

Analytics and Reporting

Legal Matter Management

Dashboard

Compliance Management

Vendor Capability Ratings

Average 74

Availability and Quality of Training

Ease of Implementation

Ease of Customization

Business Value Created

Ease of IT Administration

Usability and Intuitiveness

Breadth of Features

Quality of Features

Product Strategy and Rate of Improvement

Ease of Data Integration

Vendor Support

Also Featured in...

Insurance Management

Score 7.8

View Vlocity Insurance in this category (opens in a new tab)

Vlocity Insurance Reviews

Purvi C.

Role: Operations
Industry: Education
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Jun 2024

Easy to use interface, Provides transparency

Likeliness to Recommend

9 /10

What differentiates Vlocity Insurance from other similar products?

It is very easy to use and easy to adapt product. Digitalized procedure of claims is very smooth along with the support to customer readily available.

What is your favorite aspect of this product?

I Like how transparent it is. It shows the various stages a claim is currently under.

What do you dislike most about this product?

It is costly as compared to other products available in the market. It shows' the current status of the entire organization via an excel report rather an a dashboard available to all.

What recommendations would you give to someone considering this product?

Just go for it. It will transform your operations lifecycle in a very effective and efficient way.

Pros

Helps Innovate
Trustworthy
Unique Features
Inspires Innovation

Sahil C.

Role: Operations
Industry: Education
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted May 2024

Robust platform tailored to Insurance Sector

Likeliness to Recommend

9 /10

What differentiates Vlocity Insurance from other similar products?

1. It provides industry specific solutions 2. It easily integrates with other softwares roviding robust growth 3. The experience with this product has been very good so far

What is your favorite aspect of this product?

1. It has got a list of comprehensive features 2. The UI is very simple and easy to understand 3. Easy training for the product

What do you dislike most about this product?

1. It is complex to initially install 2. The cost factor is not favourable. 3. there are some IT challanges with the product

What recommendations would you give to someone considering this product?

If you are a peer in the insurance industry then you should totally go for it

Pros

Trustworthy
Unique Features
Altruistic
Client's Interest First

Cons

Less Respectful
Wastes Time

Yaswanth G.

Role: Information Technology
Industry: Technology
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Feb 2024

Likeliness to Recommend

8 /10

Pros

Client Friendly Policies
Acts with Integrity
Reliable
Enables Productivity

Vlocity Insurance

What is Vlocity Insurance?

Company Details

Need Assistance?

Vlocity Insurance Ratings

83 Likeliness to Recommend

100 Plan to Renew

80 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

+90 Net Emotional Footprint

How much do users love Vlocity Insurance?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Workflow Management Includes ability to support flexible and comprehensive workflow-based capabilities.

Policy Management Solution centralizes policies, standards, and procedures mapped to regulations or best-practices (PCI-DSS, ISO/IEC, HIPAA, etc.) with built-in templates.

Content Management Includes collaboration, check-in/check-out, and version control.

Risk and Fraud Assessment Includes the ability to document, mitigate, and respond to project risk conditions across the portfolio and detect instances of potential fraudulent claims.

Communication Management Includes verbal and non-verbal information sharing, multiple languages, and a goal-oriented objective.

Policy Administration Includes customer records, invoicing, billing, and claim settlements.

Document Management Includes features such as check-in/check-out and versioning controls on documents and artifacts.

Analytics and Reporting Includes historical & real-time dashboard visualizations, detailed & summary reporting and easy data extraction for data analysis.

Legal Matter Management Includes conflict and ethics control, business intelligence, and marketing.

Dashboard Includes alerts and notifications, KPIs, visual analytics, and interactive features.

Compliance Management Includes compliance controls, compliance rules engine, and compliance monitoring.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Also Featured in...

Insurance Management

Vlocity Insurance Reviews

Purvi C.

Easy to use interface, Provides transparency

Likeliness to Recommend

Pros

Sahil C.

Robust platform tailored to Insurance Sector

Likeliness to Recommend

Pros

Cons

Yaswanth G.

Likeliness to Recommend

Pros

Feature Ratings

Workflow Management

Policy Management

Content Management

Risk and Fraud Assessment

Communication Management

Policy Administration

Document Management

Analytics and Reporting

Legal Matter Management

Dashboard

Compliance Management

Vendor Capability Ratings

Availability and Quality of Training

Ease of Implementation

Ease of Customization

Business Value Created

Ease of IT Administration

Usability and Intuitiveness

Breadth of Features

Quality of Features

Product Strategy and Rate of Improvement

Ease of Data Integration

Vendor Support