THE WORKBENCH DESIGNED FOR UNDERWRITING EXCELLENCE · third-party market systems such as PPL,...

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Delivered through a centralised workbench, ‘Underwriting’ systemises an underwriter’s knowledge and delivers analytics-driven insights throughout the decision-making process. Consolidating all underwriting functions into a single platform, ‘Underwriting’ integrates into established core policy administration systems, driving significant benefits in operational efficiency and data accuracy that massively increases the velocity and agility of decision making. Powered by an ecosystem of data providers that supports data led decisions, ‘Underwriting’ proactively delivers new business insights and risk specific knowledge. Combined with an underwriter’s own intellectual property, underwriters can create new products, understand risk at new levels of granularity and differentiate beyond their peers. THE WORKBENCH DESIGNED FOR UNDERWRITING EXCELLENCE UNDERWRITING – FOR UNDERWRITERS TO LEAD AND EXCEL THROUGH THE DIGITAL ERA

Transcript of THE WORKBENCH DESIGNED FOR UNDERWRITING EXCELLENCE · third-party market systems such as PPL,...

Delivered through a centralised workbench, ‘Underwriting’ systemises an underwriter’s knowledge and delivers analytics-driven insights throughout the decision-making process. Consolidating all underwriting functions into a single platform, ‘Underwriting’ integrates into established core policy administration systems, driving significant benefits in operational efficiency and data accuracy that massively increases the velocity and agility of decision making. Powered by an ecosystem of data providers that supports data led decisions, ‘Underwriting’ proactively delivers new business insights and risk specific knowledge. Combined with an underwriter’s own intellectual property, underwriters can create new products, understand risk at new levels of granularity and differentiate beyond their peers.

THE WORKBENCH DESIGNED FOR UNDERWRITING EXCELLENCE

UNDERWRITING – FOR UNDERWRITERS TO LEAD AND EXCEL THROUGH THE DIGITAL ERA

FEATURES:A single platform that adopts centralised product management utilising integration, orchestration, workflow, standard business processes, and rules engine.

An open integration architecture that allows seamless connectivity to internal and external third-party market systems such as PPL, Whitespace, broker systems and other software houses.

Real-time pushed intelligent notifications and analytics to proactively drive informed and timely decisions.

Embedded analytics proactively delivered through the system, and access to new data sources via AdvantageGo’s microservice platform.

Rapid new deployment capability, simplified process and change management and an extensible database.

AdvantageGo’s digital marketplace integrates with the solution to deliver functional microservices and curated, relevant third-party data.

BENEFITS:Proactively and efficiently manage pipeline and business plans with the ability to quote accurately and quickly

Rapidly analyse renewals, old and new submissions and visualise business targets against actuals.

Forecast effectively, assess the marginal impact of new portfolio quotes and identify gaps and how to close them.

Quickly spot new and emerging markets, cross-selling opportunities and consider new business models such as risk mitigation and prevention.

Create standardised and consistent underwriter journeys and manage underwriting teams to drive discipline and excellence.

Maintain and build new relationships through ‘Know Your Customer’ analysis to improve renewal rates and new business opportunities.

Ensure governance and compliance via comprehensive audit trails of all processes and activities.

THE PERFECT PRODUCT FOR UNDERWRITERS

‘Underwriting’ delivers powerful insights to underwriting decision makers, enabling you to drive excellence and discipline throughout the underwriting process.

FOR MORE INFORMATION, VISIT WWW.ADVANTAGEGO.COM TODAY.