Underwriting solution

Underwriting is one of the most critical parts of the insurance value chain. Efficient underwriting processes reduce risk and costs for insurance companies and improve policy turnaround time.

C2L BIZ’s Underwriting solution reduces manual underwriting costs through an accurate rules-based auto-underwriting engine. Our solution smoothly integrates with new business and policy issuance processes, and ensures that underwriters have all the required information at one go to make decisions quickly and effectively. This reduces underwriting cycles and leads to lower costs and faster policy turnaround.

Features of our underwriting solution:

• A highly configurable set of insurance specific business parameters, question sets and the possible responses to the questions
• Ability to define context-specific business rules
• Ability to trace through the entire decision tree to help underwriters take quick decisions
• Integration with third party medical laboratory data