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SSG Digital Platform - Underwriting (UK)

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Overview

SSG Digital Platform – Underwriting, is one of three elements of our SSG Digital Platform - the eco system for financial service providers with infinite possibilities.

The traditional underwriting method is a lengthy process and often requires manual intervention. But today’s market and customers demand immediate results. The answer is a data-driven platform which automatically takes an application through the underwriting process without technical or manual constraints.

Key Features

  • Support full ‘Self-Serve’ functionality.
  • Significantly reduce operational and underwriting costs.
  • Offer ‘acceptable terms’ to over 80+% (65% traditional IP) of applicants immediately at point-of-sale.
  • Enhance risk management through in-depth business analytics.

Key Benefits

  • Fully configurable – By fulfilling immediate and acceptable terms, without referring to a clerical underwriter – our client’s point of sale acceptance rates are maximised to over 80%.
  • Unparalleled customer engagement – Self-service client portals allow customers to modify terms and cover options – to maximise acceptance, improve conversion, increase cross and upselling and lower costs.
  • Reduce operational spend – By utilising the SSG Digital Platform you will significantly reduce operational and underwriting processing time and costs.

Product/Service details