Underwriting systems can make or break your ratios this year. PolicyPort from Focus Technologies provides: consistent deployment of underwriting rules; streamlined workflow to save time for your underwriting staff and producer partners; and, effective third-party data integration to provide more thorough and accurate data to your underwriting system.
Key benefits of PolicyPort include:
Ease-of-doing-business for agents, including intuitive quick-quote and application process, easy access to customer service functions, as well as book-of-business and transaction reports at their fingertips.
Real-time application of Smart Underwriting criteria during Point-of-Sale process. Producers get instantaneous feedback on capacity availability and acceptability of risk, saving them time and money, which ultimately results in increased loyalty.
Grow the business while reducing underwriting expenses. Smart Underwriting features and built-in integration to suppliers of underwriting decision support data, allow automated acceptance and issuance of profitable risks, freeing underwriters to focus on exceptions.
Replace manual quote, application, and endorsement processes with automated workflows performed by agents. This functionality allows organizations to increase operational efficiency and accuracy, reduces quote-to-issuance cycles, and allows insurers to grow their business without incurring a corresponding increase in staff headcount and cost.