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Monthly Title Review
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| Title
- NaviSys Front Office |
| Author
- NaviSys |
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Short Description
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| Offers
unmatched customer sales experience to producers, policyholders
and home office staff alike. As a provider, you can also look
forward to streamlining your sales and service, completing illustrations,
quotations and applications quickly, closing sales in record
time, and building lasting customer relationships. |
| NaviSys Front Office Download |
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| - Sapiens INSIGHT for Underwriting |
| Sapiens INSIGHT for Underwriting
Description |
The next generation underwriting solution for life, health and disability insurance that enables:
All cases to be processed earlier in the new business cycle
Full end to end underwriting processing
Complete management information on all cases for product pricing and managing treaties
Underwriting precision with total objectivity
Immediate risk assessment at a significantly reduced cost
An inefficient underwriting process affects your business in a number of ways.
Taking too long to arrive at a decision creates a backlog in the new business stream, and may lead to prospective clients cancelling their proposals. Incorrect loadings on sub-standard cases may affect long-term profitability or cause your business to lose its competitive edge. Lack of management information leads to product pricing and treaty management based on assumptions rather than real facts.
Experienced life, health and disability underwriters use their skill and judgement, gained over many years in the industry, to assess risks. Company guidelines and a comprehensive underwriting manual can help to ensure some consistency in the process. However, the human factor will inevitably mean that similar risks are sometimes assessed differently.
Combining traditional decision-making methodologies with a new scoring mechanism allows the company to use MediRisk in several different ways. Using by applying ratings, information demands, exclusions, etc can be enriched by also using the scoring to provide greater detail to each and every case.
Sapiens INSIGHT for Underwriting comes in the form of an engine with all of the administration capabilities accessible immediately following installation. The company can either use MediRisk designed Windows at its front end or as expected, your own design of browser based Windows to match your existing systems or Internet sites. |
| - Sapiens INSIGHT for Underwriting
Download |
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