In order to make the most of your underwriting resources and grow new business, you need to modernize your technology. You need a platform to operationalize data, improve underwriting quality, and integrate seamlessly with existing systems.
The Group Underwriting Platform, also available on cloud and on premise, enables your company to work in a collaborative environment that makes the most of your underwriting resources and existing technologies while eliminating gaps between Product, Sales, Underwriting, Installation and Administration by simplifying all the complexity. Product offerings, rating methodologies, and automated workflow processes are stored in a structured repository, ensuring that accurate and consistent information is fed throughout your enterprise.
Take full advantage of this Software as a Service (SaaS) offer.
Single source of truth
Manage and maintain all case components, data aggregation categories, workflow rules, and rating and pricing methodologies in a structured central repository. Since all data is reusable rather than cloned or manually entered, you can be confident that plan designs and rating calculations are accurate and consistent.
The streamlined quoting process ensures that new quotes are built and brought to market, rapidly, regardless of case size. With the ability override baseline factors and adjust risk manually, the underwriter gains flexibility for discounting purposes, ensuring that the most competitive quote is quickly brought to market.
Quality census data
Census data can be uploaded with previously-defined default assumptions and validations to ensure a full, clean data set that drives accuracy and consistency. Information can be imported from multiple sources and automatically maps individual data elements.
Create and manage user roles and permissions, including authority levels, validation alerts and escalation notifications. Since the process is automated, all historical data is stored in the system, ensuring that upcoming renewal or not taken quotes are easily accessible on future runs.
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