Product

Underwriting Decision Optimizer

Intelligent triaging which prioritizes submissions for underwriters and frees up time to spend on key accounts

Underwriting Decision Optimizer Highlights

+

20

%

increase in underwriting premium
1.2

X

improvement in bind-to-submission ratio
~

70

%

quicker submission processing

Automation of tasks

Prioritize submissions for underwriters
Advanced analytics

Predictive analytics for triage submissions

Improved risk selection

The rules-based approach means risk selection guidelines are enforced.

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Intelligent workflow

Orchestrated by Cora Sequence.

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Optimize underwriting resources

Automatic allocation of tasks frees up underwriters time and matches submissions to specialist underwriters.

More accurate quotes

Automated underwriting engines and rating tools help price risk more effectively.

Sharper new business metrics

Track incoming submissions and improve engagement with key brokers.

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Insurers can boost new business results and lower the cost of writing new business with a more effective submission triage process.

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“

Insurers should approach digital with a mindset to achieve the best possible outcome, rather than blindly implementing best in class.

Sanjay Srivastava

Chief Digital Officer, Genpact

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