7 Benefits of Automated UnderwritingSource: Insurance & Technology
In this article Erik Stockwell, Senior Vice President and head of Majesco’s Life/Annuity Insurance Division outlines a powerful case for full adoption of automated life underwriting. Benefits he discusses include: improved visibility tracking and workflow, better use of underwriting resources, improved service and decision making capabilities, reduced paper usage, refined product development and better mortality results.
Majesco is a provider of core insurance technology software and IT services to insurance carriers (P&C and Life, Annuity, Group) globally. Majesco delivers proven software solutions and IT services in core insurance areas including policy administration, billing, claims and distribution.
Tara Dilzer Alexander
Director, Marketing Communications and Creative Services