Life and Annuity New Business Solution
Unqork has developed modern, scalable, and easy to maintain new business solution for the L&A marketplace, including:
- Order Entry for Life and Annuities
- eApp Part 2 for Life Insurance (distribution agnostic)
- Annuities processing workflow (distribution agnostic)
- eSuitability / Suitability Rules Management
- Modular architecture: Allows for plug-and-play of multiple order entry platforms, illustration providers, customer interview providers, UW engines, forms providers, and eSign providers. Unqork can easily integrate to its clients' ecosystem or provide preferred provider solutions if requried
- Industry-leading UI capabilities: Unqork renders on React and support pixel-perfect branding and styling without co-mingling presentation and application configuration. Mobile responsive out of the box.
- Dynamic API support: Able to directly integrate to 3rd-party APIs (e.g., interview engines, UW workbenches) natively into the application for seamless customer interactions and enablement of straight-through processing / instant decisioning
- 100% NIGO-free applications: Conduct field and product-level validations directly in the user experience and eliminate follow ups for missing data.
- eDelivery and eConsentsupport: Able to adjudicate state-specific rules and eDeliver policies for clients that lack this capability
- Rapidly deployable: from discovery to prodcution in under 6 months using a variety of pre-built integrations and application accelerators
- Low cost of maintainance: no-code tooling allows for business analysts to maintain product definition vs. paying a vendor for codebase support
- Highly performant and secure: Unqork runs on a modern, single-tenant, highly performant and secure architecture across multiple cloud providers