Insurance brokers — portfolio, quotation, accounting
Multi-insurer quotation, mandate management, IVASS-compliant broker accounting, client e-signature, end-customer portal.
The 5 headaches of the Italian insurance broker
Manual multi-insurer quotation
4 different systems (one per insurer), 4 logins, 4 forms filled with the same customer data. Average time to provide a quote: 45 minutes.
Broker accounting on Excel
200-row monthly commission sheet, manual transfer reconciliation, errors that surface only at year-end IVASS declaration.
Customer asks for an old policy certificate
Search across old emails + shared folder + phone call to insurer. Time: 1-2 days when the customer needs it NOW.
Policy expiries scattered across 4 calendars
An Excel calendar, an Outlook, a CRM, and memory. Missed renewal = lost customer and complaint.
Mandates: who has an active mandate for what?
Without systematic tracking, you may issue a policy for an insurer that revoked the mandate 6 months earlier.
More time selling, less reconciling
| Activity | Status quo | With NewPicass 14.Net |
|---|---|---|
| Multi-insurer quote | 45 min, 4 different systems | 5 min, one form, N quotes in parallel |
| Broker accounting | Excel + Outlook reminders | Automatic camt.053 reconciliation + IVASS-ready reporting |
| Customer policy search | 1-2 days email + insurer | 3 seconds in the portal |
| Expiry management | 4 calendars + memory | Central dashboard + automatic reminders 90/60/30 days |
| Mandate tracking | Drive folders + hope | Mandate master data with expiries and products |
| End-customer portal | Don't have one | Available, white-label on broker domain |
How the platform fits your role
Insurance-broker regulations
On a mid-size insurance broker
Frequently asked questions from brokers
How does a broker differ from a coverholder?
An insurance broker acts on behalf of the customer (independent intermediary), seeking the best offer among multiple insurers they have a mandate with. The coverholder acts on behalf of one or more delegating insurers, issuing policies in their name under binding authority. Operationally: the broker shows quotes to the customer; the coverholder directly issues the policy. Some entities are both (a broker with binding authority on some lines).
Does the platform do automatic multi-insurer quotation?
Yes, with a caveat. The back-office module lets you maintain multiple tariffs (one per delegating insurer), parameterised by line and product. Once the risk is entered (e.g. CIG surety bond 500k 24 months), the system shows quotes from each of the N insurers the broker has an active mandate with. Caveat: tariffs must be configured and kept updated by the insurer or broker — the system doesn't auto-derive them.
Is broker accounting IVASS-compliant?
Yes. Compliance with IVASS Reg. 40/2018 on distribution: accounting separation premiums vs commissions, mandate master ledger, commission scheduler, separate account management. The Insurance Payments module automatically handles periodic commission payouts from the insurer, internal allocation to broker/sub-agent, accounting registration. IVASS-ready year-end fiscal reporting.
Can I provide a portal to my end customers?
Yes. White-label customer portal accessible via the broker's domain (e.g. policies.broker.com). The customer sees their own policies, expiries, downloadable PDF certificates, can open FNOL for claims. Login with email + 2FA or SPID. The broker keeps full data control: the customer doesn't know NewPicass 14.Net is behind it.
How do I manage mandates with N different insurers?
Every mandate is an entity in the system: delegating-insurer master data, contract date, term, covered products, base commissions, bonus/malus. The platform automatically tracks mandate expiry, insurer-required production SLAs, revocations. Quarterly reporting for per-mandate profitability check.
Can I also operate as a coverholder if I have binding authority?
Yes. NewPicass 14.Net is multi-role by default. The same broker user operating traditional intermediation on some lines can have binding authority on others (e.g. surety bonds). The system handles the two modes separately: delegated issuance + BDX on some products, quotation + placement on others. Typical for surety-specialised brokers.
See NewPicass 14.Net as it would work for a broker
45 minutes with one of our engineers. We show you concretely how the platform fits the specific workflows of your role — not a generic product demo.