Resonant New Bus. & Underwriting

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Overview

The Resonant New Business & Underwriting solution provides automated solutions for managing and controlling the entire underwriting and new business process from simplified issue to fully underwritten complex cases and other lines of business. Resonant is recipient of the “Most Complete Automated Solution” Award from The AITE Group in the category of solutions “addressing the speed to market challenge in life insurance underwriting.”

Key Features

  • Combines Workflow, Case Management, iGO/NiGO, Decision Support, compliance, and detailed reporting and analytics
  • Enables regulatory control, monitoring and compliance
  • Real-time automation of Simplified Issue/Straight-Through Processing programs (SI/STP)
  • Fully underwritten decision support
  • Complete case management and an expansive underwriter workbench with fully customized User Interfaces
  • Supports all Life, Annuity and Health products

Key Benefits

  • Superior implementation speed with full system deployment in 90-120 days for your entire product portfolio
  • Major deployment cost reduction of at least 65%
  • Eliminate expensive process mapping No process maps to pre-define, maintain and update
  • “Real-time” management reporting and a range of analytics for operational, risk management and enterprise-wide data
  • Out-of-the-Box automated connectors to all the 3rd party evidence providers and databases
  • Powerful modeling capability of guidelines and processes prior to implementation