• Overview
• Accounts Payable
• BPA Solution
• BPM Solution
• Case Management
• Claims Management
• Compliance
• Email Management
• Forms Management
• Information Outsourcing
• Records Management
• Reports Management
• Scan Management
• Solution Templates
• Underwriting

Underwriting

Streamline your processes. Maximize process efficiency and profitability. Reduce time to process applications. Automate processes and focus on exception handling.

The Challenge

Underwriting process speed, increased efficiencies, and greater accuracy are all critical to success. But many life and annuity underwriting departments are swamped with paper and data and are bogged down with cumbersome, manual processes. Resources are stretched to their limits. Underwriting is a complex process with numerous players, large amounts of data, and an increasing number of regulations. For many insurance companies, managing this process profitably can be a challenge.v

The Solution

Global 360's Underwriter Manager gives your organization the ability to manage the entire process, content and flow of work from end-to-end. Goal setting and policy rules are linked to your underwriting processes, which in turn are integrated with your internal systems and data.

Complex processes are automated and optimized so you can focus on exception handling. You gain insight into your business processes, allowing you to monitor trends and current information, while measuring performance with real-time feedback. You can identify problem areas earlier, evaluate both process changes and outcomes, and quickly adapt resources to meet evolving customer and regulatory demands. Policy changes or new contractual rules are instantly implemented across the enterprise quickly and easily.

Benefits

Global 360 enables you to:

• Automate, streamline, and optimize complex processes
• Shorten process cycle times while enabling better decisions
• Enable agents to track documents from introduction to archival stage
• Manage business processes holistically and effectively to meet current and future regulatory demands
• Control your internal operations to lower business and compliance risk
• Gain visibility into process execution and the people involved, in order to pinpoint bottlenecks and reallocate resources
• Ensure transactions are executed within the expected process guidelines and ensure an audit trail of this process is available
• Manage customer information with greater precision and security
• Track the information you have, as well as the status of requests to third parties