Underwriting
HCL’s Automated Underwriting is an SOA based solution that empowers underwriter to do his job Faster, Smarter and Better. The offering, in addition to focusing on underwriting automation, also provides necessary support to assist underwriter with decision support systems.
Leading the new era of Underwriting, HCL’s solution empowers producers and underwriters to have real time collaboration. It consistently underwrites commoditized risk, restricting the manual intervention only for complex risks/ exceptions.
- New Business Management
- Application Management
- Policy Bind and Issuance
- Configurable Rules Engine
- Configurable Workflow management
- Underwriter Workstation
- Document Management
- Analytics Support
This solution not only automates some of the underwriting decisions, but also allows insurers to "Automate as needed". It transforms the Underwriter’s focus from “managing transactions” to "managing producers and business".
HCL’s Experience in Underwriting:
