Munich Re automation arm to ship options for American Household Life

Munich Re Automation Options has introduced that American Household Life Insurance coverage Firm is adopting its cloud-based automated underwriting and analytics answer, ALLFINANZ NOVA.

This software program as a service (SaaS) platform is engineered to streamline and expedite life insurance coverage software and underwriting procedures whereas bettering total client expertise.

Grant Andrew, vice chairman of buyer success at Munich Re Automation Options North America, expressed enthusiasm in regards to the collaboration.

“We assist our shoppers differentiate available in the market by way of confirmed, class-leading options targeted on enhancing the end-consumer expertise of insurance coverage,” Andrew mentioned. “Our SaaS options are future-ready guaranteeing our shoppers sustained aggressive benefit by way of regularly evolving new options and features to shortly reap the advantages from the explosion of knowledge.”

“We consider we provide probably the most compelling, confirmed and future-ready answer available in the market, and we’re delighted to be working with American Household Life Insurance coverage Firm,” Andrew mentioned.

Todd Fancher, president of American Household Life Insurance coverage Firm, additionally highlighted the corporate’s dedication to technological development.

“We’re all the time evolving our expertise to assist our revolutionary merchandise and supply the most effective customer support doable. We’re dedicated to repeatedly researching probably the most up-to-date expertise to make sure we’re on the forefront of the latest innovation,” Fancher mentioned.

Munich Re Automation Options can be actively increasing its presence in North America, underscored by latest agreements and the addition of recent personnel throughout numerous key positions, together with senior management, account administration, mission administration, answer structure, and customer support roles.

The enlargement, the agency mentioned, displays its dedication to the area and its mission to make sure complete and accessible life insurance coverage options for all clients.

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