Life Insurance Software Solutions for Automated Underwriting in Life, Health and Annuities
LifeSuite is a leading web-based new business and automated underwriting software solution, which builds upon over a decade of experience in the marketplace. LifeSuite streamlines your entire new business process from application receipt through coverage approval, providing the most efficient and consistent automated underwriting solution available today. LifeSuite’s unparalleled suite of tools helps maximize your organization’s effectiveness, facilitating decreased time to issue, increased growth and a reduction in policy acquisition costs. LifeSuite automated underwriting is backed by an industry leading team of support professionals with a proven track record of success. Our experienced team is committed to understanding your needs and successfully implementing LifeSuite into your company’s business model.
A Leading Automated Underwriting System that Fits Your Business Model
LifeSuite streamlines your entire new business and underwriting process. The benefits of increased automation and enhanced workflow are experienced by customers and agents alike. Time to issue is decreased, and policy acquisition costs are greatly minimized.
Key Features
• Automated underwriting with straight-through-processing support for eligible cases
• Support for Life, Health and Annuities
• Complete automation of many business processes
• Case management dashboard provides updates in real-time
• Rich Internet Application (RIA) enhances the user-experience by providing an intuitive, more efficient and faster workflow platform
• More functional value available
The LifeSuite rules engine ensures decisions are made consistently and accurately, case after case. Application data and requirements evidence is evaluated automatically by the system, freeing up your staff to focus on high face amount and complex cases.
Key Features
• Powerful, integrated, user-configurable rules engine is highly customizable to meet the unique needs of your organization
• Automated requirements processing with support for multiple vendor integrations
• Streamlined requirements management reduces unnecessary and duplicate orders
• More functional value available
ACORD XML standards facilitate integration with evidence providers, and the use of Web Services provides seamless integration with third-party and back-office systems. LifeSuite’s high degree of configurability allows for rapid deployment of new products and system changes within your organization.
Key Features
• ACORD XML compliant
• Flexible and highly configurable platform
• Rules are easily customized and maintainable by business users
With efficiencies gained in every area of the new business and underwriting process, LifeSuite removes barriers which can inhibit growth of business and profits. New business transactions are processed more quickly, accurately and consistently. Requirements are managed and processed automatically. Many cases can be auto-approved without the need for underwriter intervention. Decreased time to issue results in fewer not-taken cases.
In an automated world, don’t get left behind. Can your business afford not to advance to LifeSuite automated underwriting system today?
Contact us for more information on LifeSuite.