what are some of the

by m seruvakula » Wed Dec 05, 2007 01:12 am

what are some of the better known "automated insurance underwrting" software available. Some reference has been made of "smart systems"? What are these

Total Comments: 3

Posted: Wed Dec 05, 2007 12:20 pm Post Subject: Automated underwriting software

Hi ,

Did you hear about MajescoMastek's Elixir Automated Underwriting Component ? I've come to know about its effective control on the business cycles as well as on the underwriting processes. It would enable users to gather data irrespective of whether logged in or not. It would also help them to synchronize data on it own. Hope it sounds inneresting! Plasmaarmada

Posted: Wed Dec 05, 2007 12:24 pm Post Subject:

Hi! You have heard right, ‘smart system' are now being widely used by the underwriters to process the insurance applications.

Application of the automated applications has made the job of the underwriters easy. It has allowed them to manage the data more accurately and has also reduced the scope of human errors in this field.

However, an automated system can only analyze the data available to it and that is given by the applicant. Therefore, the scope of applying human judgment reduces. You also need to tune in the system with your client's requirements.

Posted: Wed Dec 05, 2007 12:32 pm Post Subject: UK auto-underwriter

Hey, I am from the UK. One of my former colleagues had once given me an idea of the Synergy underwriting system offered by the Eurobase International over here. Are you from the UK!
Regards,
treebug09

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