Life Insurance Software
for Automated Underwriting in Life, Health and Annuities
LifeSuite is an award-winning, web-based new business and automated underwriting system that drives straight-through automation. LifeSuite streamlines the entire new business process from application receipt through coverage approval, providing the most efficient and consistent automated underwriting solution available. LifeSuite’s suite of tools helps maximize your organization’s effectiveness, facilitating decreased time to issue, increased growth and reduced policy acquisition costs. LifeSuite Collaborator agent portal software enables better communication and understanding between agents and underwriters.
The LifeSuite automated underwriting software 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.
- Automated underwriting with straight-through-processing support for eligible cases
- Equal success for both simplified issue and fully underwritten products
- Support for Life, Health and Annuities
- Complete automation of many business processes
- Case management dashboard - Real-time updates
- Rich Internet Application (RIA) - Enhanced user experience with an intuitive, more efficient, 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.
- Powerful, integrated, user-configurable rules engine - 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.
- ACORD XML compliant
- Flexible and highly configurable platform
- Rules easily customized and maintained by business users
With efficiencies gained in every area of the new business and underwriting process, the LifeSuite automated underwriting system removes barriers that 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 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 today?
Contact us for more information on LifeSuite.