L&T Infotech offers an underwriting workbench solution, AccuRUSi™, that provides a unified working environment for insurance underwriting thus improving underwriting rigor, productivity and process control. The solution facilitates integration with multiple internal and external systems to facilitate workflow automation across underwriting lifecycle. It enables insurers to leverage and harmonize technologies such as collaborative workstations, rules engine, business process management and advanced analytics to achieve strategic business goals such as underwriting profitability and pricing accuracy. AccuRUSi™ comes with pre-built connections to leading external data sources and supports ACORD based connectivity with most of the industry standard core systems leading to quick integration and rollout.
AccuRUSi™ has been profiled by the likes of Novarica and Gartner in their Underwriting Workbench studies.
- Single, integrated system to support underwriting process lifecycle
- Out of box integration with various third party data/service providers
- Decision support for account selection and risk analysis
- Automated and efficient case management with intelligent alerts and triggers
- Underwriting collaboration and performance management
- Strong business analytics capabilities - Case Cloning, Risk Scoring etc.
AccuRUSi™ can help improve underwriting efficiency up to 30% and achieve profitable growth by improving claims ratio.