Welcome to Thyme, the first collaboration and workflow enhancement software developed specifically to address the challenges of the medical and professional insurance industries. With Thyme, incomplete applications, missed application deadlines and lengthy renewal processes are a thing of the past: thanks to our innovative, team-focused approach.
Thyme is the answer to the question of: “How do I maximize the likelihood of an insurance application being successfully completed?” This challenge is all too familiar to insurance professionals who, when surveyed, estimated that they lose up to 40% of new business development opportunities to incomplete or abandoned applications. Interestingly, the same challenges face brokers and agents when clients are up for renewal, when time is of the essence to insure no lapse in coverage.
Imagine how much different your book – and your bottom line – would look if you were able to successfully convert a higher percentage of your new business calls to actual clients? Likewise, think of the impact on your retention of existing clients if you were able to simplify, or obviate the need for, their filling out of a new application during the renewal period?
Thyme leverages a value that your client already has surrounding them: their internal staff, external resources, family members, etc. In fact, there is no real limit to the number or type of individuals that can contribute to the process. By distributing the work to a group, Thyme allows for collaboration and contribution through teamwork – thus reducing any one person’s need to spend time on the application and maximizing the likelihood that the application is completed.
What’s more, the Thyme software platform allows for contributors to be invited via email or text message and can then accept input from any web-enabled device: Desktop, Laptop, Tablet or Mobile Phone. Additionally, the system monitors the progress of the application in the background and sends helpful reminders and requests to the team until the application is completed.
Thyme makes it simple for you to create new Applications, invite clients to participate and keep track of progress; all from one simple interface accessible on the cloud. Your personal dashboard gives you real-time feedback on every client’s application and where it stands, including the ability to “nudge” that team via prompts and/or reminders. When applications are completed and ready to be moved to the carrier for underwriting, Thyme makes it as simple as a few clicks – say goodbye to paper applications for good.
Your dashboard also allows you to look at your entire book of business to see how you are trending and what your results are in whatever historic time increments you choose, giving you a level of insight and control of your sales and renewal efforts that didn’t exist until now. And as your book grows, Thyme will be growing along with you: offering advanced features like API uploads to carrier underwriting and tailored applications for other business lines.
Billed Per Usage
If you are just getting started, we offer simple, per-use pricing
Billed Monthly
This plan offers you up to 100 Applications every month
Contact us for pricing tailored to your enterprise needs.
Interested in speaking with a team member to learn more about how THYME can be used in your business development and client retention efforts? We’d love to hear from you and discuss the opportunities!
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