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Showing posts from January, 2022

commercial insurance platform

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  commercial insurance platform Our approach also means that an underwriter can jump around in the process. For instance, at Lloyd’s, if you are a follower on a line of business you can bind and quote the policy first, and then backfill in the relevant information for the record later. In other words, the process can mirror the way business is done in the real world. In commercial insurance in particular there is always something that needs to change. A customer may say, ‘can I add another property’, ‘can I change the value of this one’, ‘what if I only insure my US portfolio’ and so on. Insurance is conversational by nature, and the workflow needs to be able to work with, not against this. commercial insurance platform

commercial insurance underwriting software

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  commercial insurance underwriting software Traditional, rigid workflow systems drive the user down certain routes – but that is not how commercial underwriting and insurance work, this approach wastes time, adds confusion, and puts the system in control not the underwriter. Send’s solution empowers underwriters, enables them to make decisions in record time, and provides operational efficiencies of at least 50%. commercial insurance underwriting software

commercial insurance software

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  commercial insurance software Our approach also means that an underwriter can jump around in the process. For instance, at Lloyd’s, if you are a follower on a line of business you can bind and quote the policy first, and then backfill in the relevant information for the record later. In other words, the process can mirror the way business is done in the real world. commercial insurance software

cloud based insurance software

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  cloud based insurance software Painstakingly mapped out and then built in a linear way, with one action leading to another and so-on from start to finish, the traditional business process workflow sounds great in theory, but we all know that life isn’t like that. This forced inflexible journey dominates existing workflow process systems from online airline ticket systems through to commercial underwriting platforms. The rigidity of this approach means that if something needs to change and you want to go back to adjust something, you have to start the whole journey again. cloud based insurance software

Underwriting workbench

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  Underwriting workbench To become insight-driven, a modern CUO needs to be both a technology trailblazer, and a data master. But how can you make time for differentiator projects with rigid systems, data sprawl and manual workloads? Cue the Underwriting Workbench. Underwriting workbench

underwriting automation

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  underwriting automation To become insight-driven, a modern CUO needs to be both a technology trailblazer, and a data master. But how can you make time for differentiator projects with rigid systems, data sprawl and manual workloads? Cue the Underwriting Workbench. underwriting automation

SaaS insurance platform

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  SaaS insurance platform Our approach also means that an underwriter can jump around in the process. For instance, at Lloyd’s, if you are a follower on a line of business you can bind and quote the policy first, and then backfill in the relevant information for the record later. In other words, the process can mirror the way business is done in the real world. In commercial insurance in particular there is always something that needs to change. A customer may say, ‘can I add another property’, ‘can I change the value of this one’, ‘what if I only insure my US portfolio’ and so on. Insurance is conversational by nature, and the workflow needs to be able to work with, not against this. SaaS insurance platform

MGA platform

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  MGA platform Painstakingly mapped out and then built in a linear way, with one action leading to another and so-on from start to finish, the traditional business process workflow sounds great in theory, but we all know that life isn’t like that. This forced inflexible journey dominates existing workflow process systems from online airline ticket systems through to commercial underwriting platforms. The rigidity of this approach means that if something needs to change and you want to go back to adjust something, you have to start the whole journey again. MGA platform

Bordereaux management

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  Bordereaux management Features of the Delegated Authority Workbench include: Advanced rule validation, configurable rules engine, full data capture and automated checks. Seamless extraction of data sources with APIs. All submission options are available including unstructured documents. Highly-configurable conversational workflows around MGA and Coverholder onboarding and due diligence, scheme setup and bordereaux processing. Bordereaux management

Underwriting desktop

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  Underwriting desktop The AI-driven Underwriting Workbench platform is the first in the market to process open market and delegated business in one solution, providing a standardised view of risk exposure and detailed analysis on MGA and Coverholder performance in real-time. The platform, which offers advanced data ingestion and management, has been developed to bridge the gap between traditional ways of working and future-state delegated authority. Functionality includes AI-based bordereaux processing for spreadsheets with rule validation, and API-enabled processing in real-time of any unstructured data written by delegated authorities. Underwriting desktop

Connected workbench

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  Connected workbench “Following the successful launch of our Underwriting Workbench earlier this year, we have continued to develop our market-leading technology to deliver a solution tailored to the needs of insurers and reinsurers managing large portfolios of delegated business. By automating and speeding up bordereaux and coverholder processes, insurers can now streamline operations and work smarter. And our solution gives them confidence that they have everything they need to carefully monitor and regulate the performance of their delegated arrangements at a time when they are under increased pressure to maintain profitability.” Connected workbench

Delegated authority workbench

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  Delegated authority workbench The AI-driven Underwriting Workbench platform is the first in the market to process open market and delegated business in one solution, providing a standardised view of risk exposure and detailed analysis on MGA and Coverholder performance in real-time. The platform, which offers advanced data ingestion and management, has been developed to bridge the gap between traditional ways of working and future-state delegated authority. Functionality includes AI-based bordereaux processing for spreadsheets with rule validation, and API-enabled processing in real-time of any unstructured data written by delegated authorities. Delegated authority workbench

DUA (delegated underwriting authority)

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  DUA (delegated underwriting authority) Features of the Delegated Authority Workbench include: Advanced rule validation, configurable rules engine, full data capture and automated checks. Seamless extraction of data sources with APIs. All submission options are available including unstructured documents. Highly-configurable conversational workflows around MGA and Coverholder onboarding and due diligence, scheme setup and bordereaux processing. DUA (delegated underwriting authority)

Underwriting workbench

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  Underwriting workbench The AI-driven Underwriting Workbench platform is the first in the market to process open market and delegated business in one solution, providing a standardised view of risk exposure and detailed analysis on MGA and Coverholder performance in real-time. The platform, which offers advanced data ingestion and management, has been developed to bridge the gap between traditional ways of working and future-state delegated authority. Functionality includes AI-based bordereaux processing for spreadsheets with rule validation, and API-enabled processing in real-time of any unstructured data written by delegated authorities. Underwriting workbench