Insurance Underwriter Framework

Business Challenge

• Lengthy processing times to collect all the key information
• Incomplete and inaccurate details to input for underwriting
• Disorganized data gathering process
• No consolidated view of the work-inprocess items to help insurers manage, underwrite, and associate price risks

Solution Overview

Coforge’s IUF solution enhances the experience of the underwriting process by leveraging the core underwriting functions and providing a 360-degree view by consolidating data from multiple systems. The solution empowers commercial lines carriers to accelerate the underwriting process by reducing manual work at an enterprise scale. The app’s Dynamic Case Management functionality guides the team to ensure compliance and provides end-to-end visibility into all facets of the underwriting process. The Framework delivers a truly reusable underwriting solution that works with leading insurance products like DuckCreek and Guidewire and legacy underwriting systems to simplify and streamline submissions and accommodate unique requirements by line of business, geography, or any other business factor.

Solution Benefits

Increased Scalability by Improving Underwriter’s Productivity and Collaboration

Appian’s dynamic case management tool lets insurers automate underwriting processes and bridge operational and technical silos. Users can leverage existing technology and eliminate redundancy with fast, easy, and secure integration to multiple enterprise and partner systems

Increased Distribution Channels

Appian’s build-once and “deploy-everywhere” capabilities allow insurers to embed underwriting in solutions leveraged by agents, call centres, and other channels, including social channels and mobile devices, without channel-specific coding.

Target Market Opportunities Proactively

Appian’s flexible ‘Build for Change’ technology enables insurers to create reusable solution components. Users can deploy new products, underwriting rules, operational processes, and regulations with shorter delivery times, improved product quality, and lower development costs.

Simplified UX

An intuitive UX increases efficiency of underwriters.