Automated Underwriting Puts Speed in the Insurance Sales Process


Description

Reading Time: 9 min.

Reprinted with permission from the Bank Insurance & Securities Association, Q1 2014 magazine

Life insurance sales remain driven by speed, ease and expense. It’s no surprise then that buying life insurance is becoming faster, easier, and less expensive. One of the catalysts—especially for simplified issue insurance—is automated underwriting. This article looks at how automated underwriting has decreased the time required from three to four weeks down to minutes.

  • Topics:

    • thought leadership
    • Business Intelligence