Transform Underwriting Now to Improve Agility and Profitability
Underwriting rules management, automated decisioning, advanced analytics, simulation, and business-driven deployment in a single package.
Macroeconomic uncertainty continues
With high interest rates, rising replacement costs, and increased frequency and severity of covered risks, insurers need to explore every conceivable strategy to increase profitability. Unfortunately, underwriting today lacks agility, and still relies on experience and intuition, rather than hard data and advanced analytics. It’s also often isolated from pricing and rating.
Underwrite-ItTM – a key to enhanced profitability
Underwrite-It fully automates underwriting decisions and manages all underwriting rules in one place, enabling underwriters to update rules and models without burdening IT. Combining traditional rules-based underwriting with advanced machine learning (ML) and simulation, Underwrite-It improves time-to-market and decision precision in analyzing potential underwriting changes, delivering newfound agility and profitability
Smarter underwriting decisions
Combine the traditional rules-based approach with advanced machine learning (ML) to deliver better results.
Greater business agility
Manage all rules in one place to enable underwriters to update and deploy rules and models independently.
Faster decision-making
Fully automate underwriting decisions to achieve straight-through processing for faster decisions, improving the customer experience (CX).
Easy management of underwriting rules
Make even complex logic readily accessible to business users through table-driven and tree-based representations.
Understand impacts of pricing and underwriting changes on the portfolio
Compare underwriting strategies and use pricing data to simulate how model and rule changes will affect outcomes.
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