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

Nest Innovative Solutions Pvt. Ltd.

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

Focus Technologies

Focus Technologies’ PolicyPort is a comprehensive suite of insurance core systems, delivered in a SaaS (Software-as-a-Service) model. Our clients get the benefit of robust software functionality, while reducing the infrastructure costs and headaches associated with the traditional on-premise... Read More

EXL LifePRO

EXL's policy administration platform, LifePRO®, provides flexible support for a broad range of life, health and annuity products. It streamlines policy administration through features such as a central product rules engine, real-time customer service and flexible agent compensation support.... 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 »

View all products »

News about STEP Solutions