Onesait Insurance Customer Underwriting

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Overview

Onesait Insurance Customers Underwriting is a personal risk subscription engine, which improves the straight-through-rate ratio at the point of sale. It provides immediate underwriting decisions upon dynamic entry of all application data. Applications are fully and reliably assessed on the basis of professional underwriting databases (Gen Re)

Key Features

- Product Databases comprise assessments for the whole range of risks (disorders, occupations, pursuits, travelling) and all common product types.

- Underwriting decisions cover the whole range, from “standard” to “decline”.

- Combination of risks factors and financial details are carefully underwritten and database assessment are constantly monitored to ensure accurate decisions

Key Benefits

There are benefits of using Onesait Insurance Underwriting for Insurers, Agents/Brokers and customer insured.

Insurers:
Insurance Applications are evaluated automatically in real time ,quickly, consistently and professionally. Dynamic data gathering at the point of sale reduces the need for medical evidences, administration and staff costs. Integration into fully digital and self-service use-cases. Full API support for digital use cases.

Insured Customer: They get the policy premium according to their needs and risk profile. All answers are given on the spot, so there is no need for the client to go back for further information

Agents and Brokers:. Front-end dynamic questionnaire for interactive use in telephone interviews, face-to-face deals, integration via API into digital Robo-advisors, comparators etc.

Product/Service details