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Ai4 Life Insurance Accelerator

Improve data accuracy and automate life insurance processing simultaneously

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Overview

Today, legacy processes often lack flexibility when it comes to customer engagement. And historically, they've been overly reliant on unstructured data.

Ai4 Life Insurance reduces business overheads and improves accuracy of data - all by reducing the amount of unstructured data and streamlining customer experiences. How? The solution uses automated processing of low-risk applications with no manual intervention and specialist treatment for higher risk cases.

Key Features

  • Life insurance features: Create and persist life insurance policies with enhanced back-end data models
  • Real-time quotations: Incorporate a risk assessment that includes wellness, lifestyle, and occupational factors
  • Fully customizable risk engine: Enable businesses to adjust the amount of risk they are prepared to undertake when accepting straight-through quotations
  • Intelligent workflows: Enable identification of high-risk customers and ensure they are routed to specialist teams - by providing underwriters with a 360o customer view
  • Straight-through processing: Enhanced workflow for fully automated processing of standard life insurance applications, as well as referral and approval stages for handling higher risk applicants
  • Omni-channel support: Give customers a consistent experience across devices

Resources

Ai4 Life Insurance Accelerator Brochure

Other Offerings

Ai4 Empathetic Collections

ai4process_logo

Compatible with

Pega Platform 8.1 8.2 8.3 8.4 8.5 8.6

Last updated

June 30, 2022

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