Improve Agent Loyalty
Process Applications Faster
Quickly and accurately assess risk so you can issue policies faster.
Our Life Underwriting Solution extends your underwriting engines with cognitive capture, business rules, analytics and predictive modeling to streamline underwriting operations. Our software helps underwriters efficiency obtain the correct information to review and process applicants to make consistent and accurate ratings ultimately reducing costs.
Life insurance software that decreases the amount of time reviewing applicant information.
Attending physician statements (APSs) are a major obstacle in the underwriting process. They are expensive (averaging $86), take anywhere from 10-30 days to receive, can range from 50 pages to upwards of 11,000, and demand days to manually review.
Our Life Underwriting Solution provides cognitive insights that lower the need for and dependency on APSs in the underwriting process.
Our models demonstrate that between 70% and 80% of all cases do not need APSs for accurate processing.
Your Underwriter’s Workbench
The user interface organizes an applicant’s information and data into an Underwriter’s Workbench that contains a variety of tools:
Applicant Ailment Storyline
The storyline is a graphical depiction of overlapping diagnoses, treatments and prescriptions plotted over the applicant’s life. It allows underwriters to spend more time reviewing important facts and making correlations, and less time manually jumping between applications searching for information.
Every piece of content related to an applicant resides in a folder for easy finding. Each folder has a priority rating so you know what to focus on first. They also have forecasted estimate-to-complete (ETC) dates so you can keep your client up-to-date on when you expect to reach a decision.
Diagnosis Search Interface
The comprehensive search capability looks for key medical terms such as references to cancer or prescription drugs no matter which repository the document is in.
Our high-speed viewer loads any APS (even an 11,000-page one) as quickly as it downloads. Packed with capabilities, users can create bookmarks, split a document into two documents, merge two documents together, or place tags on documents.
Additional Features & Benefits
Deploy as You Wish
Deploy as a managed service (cloud), on-premise solution or a hybrid of both options.
Improve Customer Experience
Attract and retain loyal customers by delivering a high-caliber customer experience.
Integrates with your existing life underwriting and content management system.
Workflows automate structured and unstructured processes so you can underwrite policies faster.
Additional ResourcesDiscover More
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