STEP Solutions
About STEP 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
Nest Innovative Solutions Pvt. Ltd.
Nest works exclusively in the insurance space and has created the Macaw© brand of components and products on free and open-source platforms. Nest offers a wide range of business solutions centered around its cutting-edge products and components viz. Macaw Agency Management System, Macaw... Read More
BriteCore provides P&C insurers with a cloud-native core insurance platform designed to drive business growth, enhance operational efficiency, and offer unparalleled flexibility. The BriteCore Platform enables insurers to seamlessly manage policies, billing, and claims; rapidly configure new... Read More
Products 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 »
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 »
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 »
News about STEP Solutions
STEP Solutions Group Launches New Website
Posted 3/7/2014
