Neutrinos New Business Underwriting Transformation Solution helps insurers reshape their new business operations for reduced cost per application, faster turnaround time, greater productivity, better underwriting quality, as well as greater transparency and responsiveness for customers and agents. A global insurance provider was able to reduce processing cost per application by 75% while still operating with their human interaction-centric model of agency-driven and branch office-led operations. The Neutrinos solution helped them reduce average underwriting time from 2+ days to less than 3 hours, with the vast majority of cases being processed as STP in minutes.

The Neutrinos New Business Underwriting Transformation Solution infuses each stage of the new business journey with rich, real-time data, automation, intuitive decisioning support, and deep business visibility.

The solution, built on Neutrinos Composable Innovation Platform, is fully digital and cloud native, yet can fit seamlessly into the insurer’s existing application and process landscape as well as vendor networks. This provides a means of incremental, derisked and fail-fast new business operations transformation without disruptive core technology shifts.

Neutrinos brings prebuilt new business experience and operations journey building blocks including intelligent document processing, rules-driven straight-through processing, case management and workflow, underwriting workbench and many more.