NSURE BPM-for New business and underwriting (Life Insurance)
Overview
New business & Underwriting Workbench provide complete visibility of Process
- Standardize Operation
- Improve Staff Productivity
- Optimal Operation & Continous Improvement
- Automatically prioritizes and routes work
- Guides users through decisions
- Leverages existing systems and data
- Manages digitized document content
- Responds to business events and initiates action
- Real-time visibility and process control
The solution gathers new business proposals from different sources & validates the document completeness. Complete requirement management (internal & External), which includes followups , remainder & notification on requirements.
Single view assessment screen in workbench for the New Business User & Underwriters to perform their assessment without switching between multiple systems and record their case decisions.
inbuilt reports to give valuable insights on Process Performance, Operational Efficiency, and Resource performance.
Key Features
- Automate workflow & Decision making
- Reduce errors & improve consistency
- Standardize resolution across geographies
- Leverage existing systems and data
- Monitor for business events and initiate actions
- Real-time visibility and process control
Key Benefits
- Faster turnaround time
- Easy to make changes in the process
- Provides closed loop
- Multiple levels of validations
- Single view screen for Assessment & record decision on the case
- Seamless integration with their existing Document Management System
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