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SymbioSys New business and Underwriting

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Overview

SymbioSys New Business manages entire process from application capture both digitally and also paper apps, Underwriting including both Auto Underwriting for STP and underwriting workbench for manual underwriting, case management, first premium collection upto making app ready for policy issuance. It provides for integration with PAS using webservice, API and also CSV file.

Key Features

Some of the key features of New business and Underwriting include:

·Ability to capture application in both on-line and offline with validations,

·Reflexive questionnaire,

·OCR integration for data validation

·Ease of defining rules at granular level,

·support for Field underwriting in disconnected mode,

·Case management,

·Underwriting workbench for 360 degree view of customer for informed decision making

Key Benefits

Some of the key benefits of New business and Underwriting include:

·Improved STP rate,

·Reduced cost of new business acquisition,

·Quick policy issuance,

·Improved distributor/customer experience,

·Underwriting analytics for informed decision making

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