STEP Solutions

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 Software

ONESHIELD PROVIDES BUSINESS SOLUTIONS FOR P&C INSURERS AND MGAS OF ALL SIZES. OneShield’s cloud-based and SaaS platforms include enterprise-level policy management, billing, claims, rating, relationship management, product configuration, business intelligence, and smart analytics. Designed... Read More

Decision Research Corporation

Decision Research Corporation

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

Nest Innovative Solutions Pvt. Ltd.

Nest Innovative Solutions Pvt. Ltd.

Nest Innovative Solutions Pvt. Ltd. (Nest) offers business solutions designed to support today’s dynamic needs of the Insurers and Insurance intermediaries. Nest has created the Macaw© brand of components on open-source, free and mobile-first technologies. These components address the needs... Read More

Products by STEP Solutions

By STEP Solutions

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 »

By STEP Solutions

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 »

By STEP Solutions

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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