Appian has introduced that in partnership with Swiss Re, its Linked Underwriting Life Workbench will now be obtainable in APAC and EMEA.
Built-in with Swiss Re’s automated life insurance coverage underwriting resolution, Magnum, the Appian workbench boosts the underwriting course of. It additionally improves the underwriters productiveness and expertise.
Conventional underwriting workbenches have been criticised for a scarcity of integration throughout varied programs, however this new workbench takes care of that.
Options embrace its skill to:
- Allow clever case and workload administration;
- Automate underwriting processes and enhance straight-through processing;
- Elevate clients and underwriters expertise;
- Minimise threat and enhance profitability.
“Underwriters typically discover themselves juggling data scattered throughout e mail inboxes, outdated programs, and prolonged paperwork. That is very true for all times underwriters, for whom administrative burden can considerably decelerate their skill to precisely assess threat in a well timed method,” mentioned Jacob Sloan, trade vp, international insurance coverage, Appian.
“That’s why Appian has partnered with Swiss Re Reinsurance Options to introduce Linked Underwriting Life Workbench to enhance operational effectivity and the underwriter and buyer expertise for all times insurers. This resolution is particularly useful for insurance coverage firms that wish to streamline underwriting processes with threat administration and coverage consistency throughout a number of markets whereas permitting versatile and agile adaptation to native rules.”
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“Integrating Swiss Re Reinsurance Answer’s Magnum and Appian Linked Underwriting permits insurers to expertise an clever and complete underwriting automation and workload administration platform,” in response to Dylan Rowe, Head of International Life and Well being Automated Options, Swiss Re.
“After a profitable launch in North America final autumn, we’re excited to make this life insurance coverage resolution obtainable in chosen international locations of APAC and Europe this 12 months in order that much more clients who wish to enhance the effectivity and high quality of underwriting with revolutionary know-how can profit from it.”
