Solutions / Insurance
Streamline Processes.
Automate Decisions in Insurance with Corticon Business Rules Management Solutions.
A typical insurance organization has over 300 unique business processes, with up to 900 unique activities. As many as 70% of those activities involve decisions. Core business processes like policy underwriting and claims processing include decisions such as: 'What is the risk of this applicant?', 'How much should I reserve against this claim?', 'How does a change of address affect this customer's policies?' By automating these decisions, companies are bringing a new level of agility and efficiency to their business operations. Corticon's solutions for the insurance industry can help you identify the decisions in your processes, automate the rules that drive the decisions, and deploy them as standards-based services to be consumed by applications across the enterprise.
Leading insurance providers such as UNUM, CIGNA, Golden Rule, Aegon and others are deploying Corticon solutions across the Insurance enterprise. Our customers benefit from significant gains in both operational and IT agility in areas such as:
- Customer acquisition costs
- Underwriting and claims leakage
- Personnel Training costs
- Time to Claim settlement
- Time to Quote
- Time to Market for new products.
For more information or a demonstration, please contact a Corticon Solution Consultant at +1 888.619.2424 or email us at info@corticon.com.
