Insurance - Sales and Underwriting

Sales processes have to accommodate change.  New products are introduced and existing products need modification.  Regulations mandate business changes.  Business policies regarding underwriting decisions are in constant need of refinement.  The pace of change and the competitive pressures continue to escalate.  It can be overwhelming.
Business Rules automate key processes with extreme agility so you can master change, drive down customer acquisition costs and make the right decisions.
Business Rules for Insurance Sales and Underwriting

  • Quoting
    • Drive intelligent interactions within portals that serve brokers, agents and consumers
    • Guide a personalized user experience
    • Manage multi-state regulations and changes with robust versioning capabilities
  • Automated Underwriting
    • Automate key operational decisions without programming
    • Automate access to enterprise data such as risk factors and scoring tables
    • Reduce apply-to-decision times from weeks to minutes
  • Manual Underwriting
    • Reduce manual decision times by automatically identifying exceptions
    • Employ specialized online forms to gather detailed information from each applicant
  • Policy Issuance
    • Trigger notifications when applicant and 3rd-party data are not in sync
    • Update enrollment and policy management databases directly
  • Document Generation
    • Generate custom automated documents, one at a time
    • Handle state- and policy-specific overrides with ease

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