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UNDERWRITING

In the business of policy underwriting, the phrase “time is money” couldn't be more relevant

Multiple steps and hand-offs of information in an underwriting process limit your visibility into the status of policy applications and prevent you from delivering real-time responses to inquiries from customers or producers.  In addition, long underwriting cycles prolong the period from application submittal to the receipt of cash, during which time your prospective policyholders remain open to competitive offers. Software AG has the solution:

Achieve business results faster with Software AG 
  • Shorten time to underwrite new policy applications.
  • Reduce operating costs.
  • Improve underwriting quality, control and profitability.
  • Increase overall win rate against the competition.
  • Offer timely information to manage the workload of underwriting staff and help make continuous Improvements in the underwriting processing.
  • Extend the value and capability of your mainframe applications by opening them to new environments, such as an on-line sales channel and agent self-service portals.      


Our Insurance Underwriting solutions utilize the Software AG Business Infrastructure Suite, enabling organizations to achieve business results – faster. Learn More.
 

Recommended Next Steps

Process Framework Podcast:
Increase Speed & Volume of Underwriting Policies Faster with the Insurance Underwriting Process Framework

Let Software AG help you shorten your underwriting cycle-time, reduce costs and capture more business. For more information, please contact us.
 

Tavsiye Edilen Kaynaklar

WP Underwriting

White Paper: Underwriting Process Framework

Getting underwriting right – a critical competitive differentiator

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Reference Story: American Community Mutual Insurance Co.

Reference Story: American Community Mutual Insurance Co.

Applications now approved in one day improving the bottom line

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Reference Story: American Fidelity Assurance

Reference Story: American Fidelity Assurance

Tremendous savings and improved customer service

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Referanslar

Koç Allianz Hayat ve Emeklilik A.Ş.

Koç Allianz Hayat ve Emeklilik projesi, Software AG’nin Koç Grubu ile yaptığı ilk işbirliği olması açısından önem taşıyor. Software AG, sigortacılık sektöründeki deneyimi ve XML teknolojilerindeki uzmanlığı sayesinde projeyi hedeflenen sürede ve başarıyla tamamladı.

More about Koç Allianz Hayat ve Emeklilik A.Ş.
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