Drive at the Speed of Need

Accelerated Underwriting  

Reduce underwriting cycle time & increase insurer placement ratio

Automation of underwriting decisions reduces cycle times and increases win ratios, as today’s consumer demands on-the-spot buying decisions and sees traditional underwriting practices as obstacles to buying.  

Ramp up your growth strategy

Consolidation of data from multiple sources combined with cutting-edge predictive modeling drives insights that are actionable to ensure your growth strategy remains on track.  

Increase productivity & capacity to process new business

Free up valuable resources and increase your capacity to process new business by automating standard underwriting decisions.  

Human-Centered Design Is the Evolution of Life Insurance

At its foundation, everything about the life insurance industry is driven by humans – real people. While technological advances in policy administration systems, underwriting workbenches, actuarial models, and claims systems are critical to operational efficiencies and risk management, it is people who are at the heart of this industry.

Redesigning the Life Insurance Journey

Human-centered design is a problem-solving process that allows organizations to identify, analyze, and solve challenges in an uncertain and volatile operational environment. This report, prepared by advisory firm Aite-Novarica Group, discusses the challenges and opportunities in the three phases of human-centered design and how insurers can use this problem-solving methodology to tackle complex challenges. 

Why Accelerated Underwriting is Critical to Life Insurance Success

Some of the primary drivers for Life insurers to implement an accelerated underwriting process are to improve customer satisfaction to meet customers’ digital expectations and to reduce the time it takes to underwrite business. To be successful and remain competitive, accelerated underwriting is absolutely critical.