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Decision Automation:
Driving Business Agility in Insurance Underwriting
Are you struggling
to improve key business performance metrics related to underwriting
and claims leakage, personnel training costs, time to settlement,
time to quote, or time to market?
There are many
solutions that help with these chronic industry challenges. But
some solutions do more than help - solutions that enable truly breakthrough
performance gains by focusing on the operational decisions embedded
in your core business processes. Companies that put operational
decision automation at the heart of their underwriting systems are
seeing 75% reduction in customer acquisition costs, 90% reduction
in manual underwriting tasks, and increased collaboration between
business and IT groups in managing underwriting policy automation.
Even more striking are the order-of-magnitude improvements in time
to market for rate and policy changes or for new product introductions.
Join Corticon
Technologies and NIIT as they explore the importance of operational
decision making to business performance in insurance. They will
explain how to:
Enable Straight Through Processing
Automate mundanetasks like reading clear MIB's, MVR's, Inspection Reports, etc.
Remove redundant tasks
Increase underwriting accuracy and consistency
Reduce time to issue
Centralize management of the underwriting-scoring/rating guidelines
The companies
will share their solution blueprint that combines Business Rules
Management Systems with Service-Oriented Architecture, electronic
delivery, dashboards, intelligent entry, and standard data interchanges.
What could your
company do with the additional cost savings and revenue opportunities
that a 10x improvement in business performance would produce? Register
today and let the 10x factor start working for you tomorrow.
REGISTER TODAY to learn the benefits of building decision
automation into your agency processes
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