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Mobile
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Cloud
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Analytics
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Content Management Systems
The risk and uncertainty in the insurance business puts pressure on underwriters to be extremely accurate in assessing risks and making decisions on policy eligibility, premium amounts and so on. One cannot afford errors or miscalculations as this would mean losing valuable clients. In times of cut throat competition insurers would want to mitigate the risk using advanced computing solutions which would cut down on the processing time and expand business on the move.
Mobile insurance underwriting solution is an offering which simplifies the laborious underwriting process by cutting down underwriting time. Mobile insurance underwriting solutions can help your underwriting team quickly arrive at decisions regarding policy issues and eligibility, thereby, allowing your insurance agents to reduce the sales cycle and help you earn valuable customer loyalty.
Mobile
Cloud
Analytics
Content Management Systems
Mobile insurance underwriting solutions helps you to streamline and automate processes of reviewing applications and approving/ rejecting them on the go. The app provides the following functionalities:
Mobile insurance underwriting solutions helps you to streamline and automate processes of reviewing applications and approving/ rejecting them on the go. The app provides the following functionalities:
The app estimates risk on the basis of customer data, which it uses as input to assess a customer’s coverage suitability and decide on the premiums.
On approval, contract documents can be sent to a customer for his immediate agreement and confirmation through digital signatures.
The insurance policy can be immediately issued to him on payment of premiums. The reduced time in processing the insurance policy and no paperwork required makes selling and buying of insurance a hassle free affair.
Alerts issued regularly ensuring that underwriters can remain connected to clients even when they are away from the desk.
Greater automation to simplify and speed up the process of policy underwriting and make data retrieval easy
Accelerate the sales cycle process and attract new customers with instant-buy and usage based products
Stay connected with your customers all the time, reduce customer service tasks and improve profitability
The solution offers accuracy of calculations and security for customer data.