Trust takes time when establishing new relationships. The Trust Automation Underwriting solution assesses risks in real time – speeding up your decision on whether or not to trust the potential policy holder. This helps you grow a profitable and trustworthy portfolio.
Vendor
FRISS
Company Website
Enable Confident Underwriting with Data-Driven Decisions
Empower your underwriters with a cutting-edge risk assessment solution that streamlines the underwriting process with advanced analytics and real-time insights. Enhance decision-making, reduce risks, and optimize efficiency with our innovative technology tailored for superior underwriting outcomes. Embark on a journey towards a balanced customer onboarding and healthy portfolio.
Instantly accept customers with a low risk profile
Cut Processing Times by 50%
Increase efficiency with a fast and uniform underwriting process. Improve the quality and value of your portfolio. Use real-time risk assessment to enable underwriting decisions in a split second and build a healthier insurance portfolio. Your benefits:
- Enable Straight-Through Underwriting
- Easily identify potential risks
100% Touchless Trust
Leverage internal and external data sources. Make predictive analytics actionable and apply customer value models. Make underwriting decisions instantly: Who am I doing business with? Am I allowed to do business with them? Do I want to do business with them? Your benefits:
- Easily avoid defaulters and high risks
- Continuously monitor compliance
Increase Straight-Through Processing by 90%
Achieve digitalized and automated quotation, application, underwriting and renewal processes. Enable straight-through processing. Work more efficiently and effectively. Improve your customer experience with seamless customer onboarding. Your benefits:
- Consistent and reliable screenings
- Minimize operational costs
100% Seamless Workflows
Automatically and consistently screen policies and prospects according to your risk appetite. Establish a straight- through process by integrating seamlessly into Guidewire, Sapiens, Duck Creek, and any other core system with a minimal impact on resources from your IT department. Your benefits:
- Low risk, high impact onboarding
- Instant value, reduced total cost of ownership