Insurance&Tech_TLB_9.23.19
 

STEP Solutions

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1 N Wacker Dr Suite #4000
Chicago, IL 60606
About STEP Solutions
  • Automated Insurance Underwriting Platform Solutions

    STEP Solutions delivers state-of-the-art new business acquisition, policy administration and claims processing solutions. Our software as a service (SaaS) transforms life, accident and health insurance businesses by controlling expenses, accelerating revenue growth, managing risk and creating flexibly in workflow that eliminates inefficient workarounds.

    Did you know STEP Solutions automated underwriting platform can reduce underwriting cycle time from 26 days down to a single day? Our rule-based risk assessment enables smarter and faster underwriting decisions. The STEP automated process improves overall underwriting cycle efficiency by lowering underwriting overhead, reducing costly errors and reducing or eliminated manual efforts.

    Specialties
    Insurance, software, automated underwriting, Life, LTC, LAH, straight-through processing (STP), java, SaaS, web, portal
Competitors of STEP Solutions

  • OneShield Software

    OneShield provides solutions for insurers of all sizes. Deployed in the cloud, our portfolio of standalone, subscription, and As-a-Service products include enterprise-class policy management, billing, claims, rating, product configuration, business intelligence, and smart analytics. OneShield... Read More

  • Sapiens

    Sapiens International Corporation empowers insurers to succeed in an evolving industry. The company offers digital insurance software platforms, solutions and services for the property and casualty, life, pension and annuity, reinsurance, financial and compliance, workers’ compensation and... Read More

  • Decision Research Corp

    DRC is an experienced and trusted technology leader specializing in software development solutions for the P&C insurance industry. DRC successfully and consistently implements solutions for insurers, MGAs and brokers writing personal, commercial, and specialty lines of business. From small... Read More
Products by STEP Solutions

  • Automated Underwriting

    STEP Solutions creates an automated, streamlined underwriting process. It incorporates rule-based risk assessment that enables smarter and faster underwriting decisions. STEP's automated process is designed to improve overall underwriting cycle efficiency by lowering underwriting overhead,... Read more

  • Policy Administration System

    STEP Solutions Policy Administration System automates all policy related transactions beginning with the initial collection of information and continuing through the life of the insurance contract. STEP Solutions is a straight-thru Enterprise Processing Engine that enables fast, efficient and... Read more

  • Claims

    The STEP Solutions Claim System has a flexible, rules based technology platform that fully automates claims and case management. This automation verifies a policy’s in- force status, verifies a claimant’s eligibility for benefits, calculates benefit amounts and generates documentation related to... Read more
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News about STEP Solutions

  • STEP Solutions Group Launches New Website Posted

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