New Business and Underwriting Systems - Life / Annuity Insurance

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Find new business and underwriting systems on our financial technology solutions research platform, use the directory to discover and find new vendors, and our guide to compare and evaluate fintech software, including reports and RFIs on functionality, available to insurance companies.
  • LifetimeAcquire is a simple, end-to-end e-App for all sales channels. Coming complete with new tools for agents to facilitate the buying process…
  • Sapiens UnderwritingPro for Life & Annuities (formerly called StoneRiver LifeSuite) is a web-based solution for automated underwriting and new b…
  • Onesait Insurance Customers Underwriting is a personal risk subscription engine, which improves the straight-through-rate ratio at the point of…
  • As the digital hub for underwriting, hr | ReFlex integrates easily with existing systems and data sources to enable a dynamic dialougue for risk…
  • Machine learning- based solution Can be integrated with existing policy management and underwriting systems Can be implemented as part of an…
  • msg.Underwriting: Automate the whole underwriting process Underwriting is at the very core of insurance. In order to make the most of your under…
  • New Businesses is an excellent solution to sell new businesses quickly speeding up the time to market. It is a multi and omni-channel applicatio…
  • EXL Life Digital Suite is a best of breed eApp and accelerated underwriting platform. The suite includes eApp, underwriting rules engine, workfl…
  • A multi-profile portal for insurance business enabling external users (agents, end clients) to access their insurance data, create new policies…
  • Oracle Insurance Policy Administration for Life and Annuity helps carriers consolidate multiple policy systems and transform their business. OIP…
  • Velogica is SCOR’s automated underwriting platform and algorithm based on a patented process that utilizes electronic data in conjunction with a…
  • It is end to end point of sales system from quotation to policy issuance covering all lines of life insurance business.
  • adesso insurance solutions GmbH houses the adesso Group’s own product portfolio for the insurance market and develops software and services for…
  • TCS BaNCS for Life & Pension caters to both traditional and unit-linked insurance products, offering a host of functionalities, along with a fle…
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·These systems will typically provide the following functionality:

  • Collecting data at the front end as structured data in an electronic application that has been adapted for distribution channel and products.
  • Triaging risk in new business and underwriting rules engines that identify underwriting requirements and level of human underwriting intervention.
  • Fulfilling the various back office functions needed for processing such as evidence ordering, tracking and routing, correspondence, etc.
  • Analysing the resulting data for actuarial, underwriting, pricing, and marketing purposes. This includes automating the underwriting without intervention by a live underwriter.
  • Status tracking and reporting. They may also include workflow.
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