Transform Insurance Underwriting with InsurEdge
InsurEdge offers a comprehensive solution platform to improve business processes across key areas such as claims, document management, reporting, policy issuance and partner onboarding. Powered by a sophisticated rules engine, customized workflows and cutting-edge technology, InsurEdge helps you improve efficiency, enhance customer experience and drive revenue growth.
Business Benefits
- Achieve significant ROI in less than a year
- Achieve faster and accurate real-time decision making
- Improve service delivery efficiency by 50%
- Reduce data processing time from weeks to few seconds
- Quick go-to-market for new launches with pre-built components
- Enhance customer satisfaction and workforce productivity
Key Solutions Across Insurance Value Chain
Sales and Distribution
- Compare products in real-time, assess benefits and streamline key processes across channels
- Automated tailored offerings, product recommendations
- Multi-channel distribution management
- Web-based and mobile reporting
- Real-time information & updates
Onboarding Application Processing
- Simplify and streamline application processes for increased sales, less operational costs
- Self-service portal for partners & distributors
- Bulk application processing
- Issuance of insurance certificate
- Real-time information & updates
Underwriting & Rating Automation
- Automate underwriting processes and eliminate manual work at an enterprise scale
- Quote engine and automated underwriting with fraud detection
- Powerful analytics & rating engine
- Integrated auditing & reporting
- Integration with policy/claims management
Policy Administration
- Lower per-policy service costs & raise service levels with good processing and administration
- Processing premium payment & lapses with great visibility
- Predictive analytics for risk associated with incomes & claims
- Transaction management
Claims Management
- Automate claims management processes for better efficiency & cut operational costs
- Claims automation
- Fraud management
- Real-time data & advanced analytics
- Sector-specific forms processing
Why InsurEdge?
- Ready-to-use modules with easy switchover
- Highly customizable solution to meet your business needs
- APIs to multiple partners & third-party systems
- User-friendly UI with easy-to-use drag & drop components
- Application deployed on cloud for higher scalability
Exploring innovative digital solutions to empower your insurance business?