Insurix

Rating & Underwriting

Insurix’s advanced Rating and Underwriting automation solutions offer case management, comprehensive underwriting tools, configurable work flows and detailed reporting. The system employs intelligent work queues to manage cases from submission through to final rating allowing your underwriters to easily manage multiple cases and improve turn around times. Event triggers, messaging and alerts allow the entire underwriting process to function with little or no manual touch points improving performance metrics. Product information, rating and underwriting rules are captured and maintained in the Insurix Rating Engine. By increasing the automation of rating and underwriting functions, you improve underwriting productivity and allow more time for risk analysis and selection. All quotes generate an internal underwriting fact sheet that detail all factors and determinates of the final quotation.

System Highlights

  • Automated Case Management
  • Preliminary To Final Rating
  • Automated Underwriting Adjustment
  • Automates Generation of Risk Factor
  • Supports Consumer Driven Product Designs
  • Third Party Scoring Integration
  • Secure Rates Interface
  • Auto Accept Auto Deny
  • Push/Pull Work Queues
  • Case Load Balancing
  • Medical Review
  • Prescription Drug History Capture
  • Notes, Messaging and Alerts
  • Split Applications
  • All rating factors supported (SIC, Riders, Regions, Age Band, etc)
  • Work Flow Automation
  • Height/Weight evaluation
  • Assignable User Privileges And Access Rights
  • Supports State Specific Guidelines
  • Supports Multiple Insurance lines
  • Supports Debit Point Model
  • Health Questionnaire Intake
  • Automated Case Assignment
  • Case Transfer Capability
  • Case Escalation
  • Rate Up Rate Down Capability
  • Document Image Integration
  • Complete Archival Of Final Rating Outcomes
  • Waiver Processing
  • Automated Audit Trail Capability