Digitizing critical journeys end to end in the underwriting (UW) lifecycle
Underwriters and their operations teams often face a key challenge: scale. Struggling to align demand with effective supply limits growth and hampers market share.
Expanding headcount has yielded mixed results. Genpact's AI-powered Underwriting Manager tackles this by replicating and enhancing underwriting best practices at scale across the lifecycle. It frees up underwriters to focus on what they do best: innovating.
Validates new opportunities against underwriting guidelines and letters of authority, proactively preventing UW breaches.
Our technologies validate exposures holistically within seconds.
Our AI models standardize risk assessments and summarize exposures, while analytics reveal portfolio impacts of risks.
We are language agnostic, with accuracy up to
99%
in unifying data for a precise view of complex exposures
Enriched submission data parameters seamlessly feed into pricing engines, cat modeling, and exposure management tools.
Reduces manual effort and intervention by up to
60%
Automated policy renewal monitoring, initiation, and management with integrated processing, document generation, and filing.
Detailed dashboards with visualizations and drill-downs for real-time monitoring of financial and operational performance.
Enhancing efficiency and providing valuable insights
Underwriters and operations lose time processing information at the expense of harvesting insights from their rich troves of data. Underwriting Manager streamlines the administration of the underwriting lifecycle with AI-driven analytics and automation. With an emphasis on analytics, it calibrates transactions with business goals, blends transactional processing with portfolio development, and shifts focus from manual processing to gap and trend analysis, increasing value for the end user.
Tackle pain points and improve underwriting productivity
By integrating all underwriting touchpoints into a seamless platform, applying AI, analytics, and automation accelerators, and monitoring all activities on a workflow, Underwriting Manager helps enable users to process at speed, accuracy, and scale. Its automated compliance features, such as Sanctions and AML checks, are designed to support regulatory and internal adherence. Intuitive reports are designed to deliver meaningful and powerful insights that empower users to make the right decisions.
