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At Globalteckz we have been working with an insurance management firm based in UK for Insurance software. Our team configured, customized and crafted the insurance software modules to ensure that we can offer independent insurance agency software to insurance companies where this system can ensure powerful business processes with their Insurance brokers or agents . This proposed solution for insurance software has been developed the latest version of Odoo to ensure other ERP features can be used as per the requirements. Apart from being client management software it also handles insurance policies, reinsurance, policies time, date of expiry, company details you can also use multiple odoo modules such as Human resource, Accounting, services management, CRM and so on

Below are the list of features we tried to capture from our Insurance software module of Odoo – There are other features also which we are developing and improvising for our other clients that will be updated soon.

Further this module is very flexible to customized or integrate as per your business requirements. Beneficial for Insurance Companies who would like to manage their agents in different location or good for insurance agents who are tie up with various Insurance companies.

Insurance software Module Functionality at a glance:

Insurance software module Overview from Menu View
Insurance Branch  Details
Policy Schemes  Details
Agent Details
Customer Details
Policy Register Details
Print Report
Invoice Details
Send Email
Auto Generate Invoice and send email with invoice attachments.
More Reports (soon added)
Dashboards (soon added)
Send Payment Due Email (soon added)

1 Insurance software module Overview from Menu View:

After installation,  You will find the menu as following:

Insurance Management -> Policy -> Policy Quotation (Where you can prepare quotation for particular policy to your customer)

Insurance Management -> Policy -> Customer Details (All the information about the customer)

Insurance Management -> Configuration -> Insurance Company (This is nothing but the company who is offering the Insurance )

2 Adding of Insurance Company or Branch :

Insurance company menu which is a part of configuration you can add the insurance company name from where you are allocating the insurance

Here is the view of adding up of Branch registration or adding of insurance company

Adding up of Branch form view

Branch Registration menu which is a part of configuration you can add the your company’s branch or sub-branch.

Currency Configurations

List of all Companies and Details : 

As an agent or Insurance company you can view all the list of insurance company where you have tie up with you can also see details such as address, contact numbers and so on . . . This part helps you to understand the list quickly from which companies you can offer the insurance schemes to your customer.

4 Adding Policy Type :

As an insurance company we sold different-different type policy like Personal Insurance , Health Insurance, etc.

An Example of adding Policy type and details

List of all policies

5 Add Policy Schemes :

In policy schemes form we can configure insurance policy structure. In schemes form we add schemes details like policy name, type, minimum duration maximum duration, minimum amount, maximum amount, etc..

Below is the form for adding schemes

Product Name
Policy type
Policy Code
Minimum duration of the policy
Maximum duration for which the policy can be taken
Minimum Amount
Maximum amount which the policy can be taken
Tax in case any

Interest rate
Adding of Agent
Save the scheme.

List Of All Added Schemes :

6 Agent Details :

Agent Detail is another menu which offers you to create new agent and fill agent details

Agent Form view

List of all your Agents

4 Customer Details :

Customer Detail is another menu which offers you to create new customer, their policies details, the policy number, expiry dates and so on . .

Customer Form : As you can see we have different fields available here in the customer form where you can enter the details such as address, phone number, tags, multiple contacts, notes, policy details and so on . .

The number of fields can be added based on the requirements

View Customer Policy in Policy Details Tab:

In the policy detail tab you can easily identify the number of policies taken by the customer with details such as policy number, insurer name, end date, renewal date and so on . . .

The best thing about this tab is that a single customer may taken different policies from one company or different insurance company which can be easily find out

List of all your customers in one view

You can directly send email from policy registration functionality.

Send emails directly from the system

Put Policy in done stage directly to get the easy monthly installments with due dates.

Here is an example of getting policy number and the Easy monthly installments including the invoices attached

Till the final number of EMI’s with due dates EMI amount.

Automated emails – Run scheduler – Every Day automatically run scheduler and generate policy EMI invoice and send email to customer with invoice attachment.

Policy Quotation :

In policy quotation menu we can create policy as well as send email to customer and create policy Invoice Directly.

Policy quotation helps you in preparing quotation for your customers who are seeking out for insurance policies

You can directly send email from policy quotation functionality

To prepare an insurance policy quotation to your customer you can simply enter all the details

you can also set up the payment method as monthly, quarterly and so on . .

and after all the details you can save policy directly or for confirmation you can email the quotation directly.

Send email to customer and view all invoice button as well as print report.

On click confirm button the Policy detail line will be generated base on number of duration and amount.

View policy quotation log:

There are chances where you have sent multiple quotation to the client with the logs you can easily check which quotation has been sent on which date with the attachment.

6 Invoice Details:

On click view all invoice button we are navigate to invoice form where all policy quotation invoice already created.

You can see the invoice detail easily with the stages. This give you a facility when you go with list view – you can see all the pending invoices, open and paid invoices clearly

Our team have also worked on the user roles, rights, and hierarchy in an organisation. This system can be integrated with VOIP where you can create different leads via telephonic calls or field sales. In built with other powerful features of an ERP software this Agency management software helps you with many more features you want to add as per your business workflows and processes.

At Globalteckz : 

At GlobalTeckz we specialise in providing ERP implementation using the best of industry methodology that ensures successful ERP implementation. Be it manufacturing trading or eCommerce industry our resource thrive to make every project success for our clients. Globalteckz is an official partner of one of the leading open source erp solution named as Odoo and have completed more than 50+ implementation across the globe.

If you feel that this software (insurance software) can be helpful for your business feel free to email us on because It is clients who gives the best idea for developing a good tool

Agency ERP software, software for insurance agents, insurance agent software, erp software for insurance agents, insurance policy management software

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