Insurance Underwriting Software: Policy Issuance

Insurance Underwriting Software

Eliminate manual intervention and ensure zero underwriting errors with the auto underwriting rule engine. Meet regulatory requirements and adapt to dynamic business needs with our configurable solution. Automate end-to-end policy issuance process, deliver superior user experience, and ensure a shorter prospect to customer lifecycle.

Policy Elements and Underwriting Analysis

Configurable user interface to define data elements per specific requirements
Sophisticated dashboards for in-depth data analysis and report generation

Underwriting Checks and Validations

Verification and validation, including duplicity checks, anti-money laundering, fraud, blacklisting, etc.
360-degree visibility to reduce risk

Core Underwriting Engine

Dynamic rules to facilitate straight-through processing of low complexity submissions and automate key underwriting tasks
Abstract underwriting rules and complex logic are configured into the system
Flexibility to change rules according to dynamic business requirements

Underwriting Evaluation

Automatic policy evaluation to maximize the percentage of straight-through pass cases for quick policy issuance
Auto-classification of non-straight-through cases and routing of cases to underwriters based on the authority limit

Additional Information Capture

Access to comprehensive case details to ensure informed decision-making
Request capabilities for additional documents and information, based on medical or non-medical parameters

Integration and Personalization Capabilities

Seamless integration with third-party and legacy applications, such as policy administration, CRM, etc.
Omnichannel, personalized engagement across all channels, including mobile, web, in-person, chatbox, social, and bots

Solutions for Insurance Firms

Policy Issuance and Underwriting

Issue policies instantly and accurately using an...

Policy Administration and Servicing

Improve customer experience and retention by streamlining...

Claims Processing

Streamline the claims lifecycle for fast, accurate, and...

Point of Sales and Service

Empower your agents and customers with intuitive mobile...

Success Stories

Accelerated digital
transformation of Processes