EIS PolicyCore for Underwriting enables insurers to rapidly develop and manage products in response to market opportunities and business conditions. It also streamlines customer interactions and internal operations to grow new business, reduce process cycle-times and costs, improve ease-of-doing-business with distributors, and enhance underwriting results.
Core processes include:
Underwriting (manual and automated)
Rating
Application Data Collection
Premium Calculation
Quote Generation, Proposal, and Bind (optional)
Automatic Quote and Policy Versioning
Policy Issuance
Inquiries and Customer Service
Endorsements
Cancellations & Reinstatements
Reinsurance Administration
Reporting
External Data Services
Automatic Activity Tracking and Measurement
Product Development, Configuration & Management
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