Intellect Xponent on AWS

Solution highlights:

Helps in business growth and business expansion

• Increase renewal retention
• Convert more new business
• Increase in agent productivity
• Increase cross-sell, upsell, and pro-active marketing opportunities
• Create new products and coverages to new segments
• Launch new direct channels and reduce commissions

• Go from manual, paper-based to automated underwriting
• Digitize processes or eliminate redudant processes
• Underwriters benefit from not just aggregating data but making strategic decisions

• Improve underwriting decisions for new business with new rating and underwriting factors
• Optimize renewal book with sharper underwriting factors
• Increase agent productivity

• Reduce policy issuance time
• Experience instant response with real-time collaboration
• Deliver proactive advice on coverage adequacy

• Ensure consistent application of rules
• Have a full audit trail of every interaction and decision in one system
• Track deviation on premium

Key features:

Advanced risk analysis

• Detailed risk assessment of a business, locations, and its owners delivers dramatic improvements to the underwriting loss ratio

Real-time collaboration

• Underwriters, brokers, and experts have easy and quick exchanges of information through news feeds, chats, social media, and audit trails

Configurable workflows

• User groups are assigned work based on pre-built work management algorithms
• Automated underwriting for simple and complex cases go to the right people at the right time

360° account view 

• Gain a complete view of accounts-credit, OHS, contacts, line of business performance, quotes, policies, claims and billing
  
• Proactively market products and assess accounts for renewal

Intuitive dashboard

• Simplify user experience and operational and financial reports against key performance metrics
• Receive alert and notifications if targets are at risk

Multi-product

• Assign work to different user groups based on pre-built work management algorithms
• Implement an out-of-the-box, quote-to issuance workflow, while retaining the ability to customize the solution to your requirements

 

AWS Partners with the AWS Financial Services Competency have demonstrated industry expertise, readily implemented solutions that align with AWS architectural best practices, and have staff with AWS-certifications.