iBroka logo

iBroka

by Wragby Business Solutions & Technologies Limited
No reviews yet
Active1+ countriesCloud
Quick facts
VendorWragby Business Solutions & Technologies Limited
Year launched
StatusActive
Location21, Olubunmi Rotimi Street, Nigeria
Countries served1+
Languages1
Integrations
Free tier
Free trialYES
Contact sales

About iBroka

IBroka is an insurance brokerage solution from Wragby Business Solutions & Technologies Limited designed to help businesses achieve their goals. It combines features such as a trial period, a single user option, and a clear value proposition so businesses can assess its effectiveness before full implementation. iBroka supports various insurance brokerage processes, allowing companies to simplify operations and make informed decisions. The software also provides insights into benefits and promises a comprehensive understanding of brokerage requirements. Key capabilities: trial period single user option clear value proposition brokerage process support operational simplification Best for: insurance brokers that need a reliable solution for managing and improving their brokerage activities.

iBroka is a comprehensive cloud-based insurance brokerage management platform designed to streamline operations, improve efficiency, and enhance client service for insurance brokers. The platform integrates core functions such as client and lead management, policy administration, claims processing, invoicing, payments, and reporting into a single, intuitive interface, allowing brokers to manage their business end-to-end without juggling multiple systems. Its client and lead management module enables brokers to capture detailed client information, track sales opportunities, and maintain a clear view of all active and prospective policies, while the policy and claims modules automate renewals, risk assessments, and claims handling, reducing manual work and minimizing errors. Integrated invoicing and payment tracking simplify financial operations, and built-in reporting tools provide actionable insights for better decision-making and strategic planning. Built on Microsoft Azure, iBroka offers reliable cloud performance and remote accessibility, enabling brokers to manage their operations from anywhere while maintaining data security and compliance with regulatory requirements. Its scalable subscription model makes it suitable for small and growing brokerages, reducing upfront IT costs and infrastructure investments.

Pros & Cons

What users like
  • +Specifically tailored for insurance brokerage operations, making it relevant to industry workflows.
  • +Offers end‑to‑end features that reduce dependency on multiple disconnected tools.
  • +Subscription‑based delivery removes the need for large upfront hardware investment.
  • +Improves process efficiency through automation of routine tasks like renewals and reporting.
  • +Intuitive reporting supports brokers to make better informed business decisions.
What users flag
  • Requires reliable internet connectivity because it is a cloud‑oriented platform.
  • Some brokers may need time to transition from manual or spreadsheet‑based workflows.
  • Advanced customisation or integration with other systems may require technical support.
  • Full value depends on organisation‑wide adoption and consistent use of the platform.
  • Reporting depth may vary depending on subscription tier selected by the broker.

Features

Key features

All‑in‑One Insurance Brokerage Platform
Provides a fully integrated system to manage core brokerage operations end‑to‑end for insurance brokers.
Client Management
Captures and maintains client policy details and supports sales activity focus for every insurance product.
Leads Management
Lets brokers update and manage lead information individually or via bulk uploads with defined process flows.
Policies Management
Helps organise policy classes and rates, and supports automatic renewal notifications and risk note generation.
Claims Management
Automates claims‑related tasks to reduce processing time and costs.
Payments and Invoicing
Tracks client payments, generates invoices, and handles invoice actions like creation or voiding.
Intuitive Reporting
Offers reports that provide insights for proactive decision making and business performance monitoring.

Additional features

Centralised Client Portfolio
Maintains a comprehensive database of clients and their insurance engagements.
Lead Capture and Tracking Tools
Ensures leads are recorded promptly and managed through structured sales flows.
Policy Lifecycle Support
Organises and manages policies from issuance through renewals and adjustments.
Automated Claims Tracking
Streamlines the processing of claims and related administrative tasks.
Billing and Receivables Module
Automates invoicing and payment tracking to maintain accurate financial records.
Operational Reporting Suite
Provides brokers with insights into sales, renewals, claims and financial metrics.
User‑Friendly Interface
Designed to be easy to set up and manage without requiring extensive IT support.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

1
Countries served
1
Interface languages
1
Billing currencies

Available in

Nigeria

Interface languages

English

Billing currencies

🇳🇬NGN

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