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(Picture supply: American Household/YouTube.)
American Household Life Insurance coverage Firm (Madison, Wisc.) is adopting the Munich Re Automation Options’ (Dublin) cloud-based automated underwriting and analytics resolution, in accordance with an announcement from the seller.
Grant Andrew, VP, Buyer Success, North America, Munich Re Automation Options.
Munich Re Automation Options characterizes ALLFINANZ NOVA as a SaaS platform to assist automate and speed up the life insurance coverage software and underwriting course of and improve the buyer expertise. Munich Re Automation Options studies that it gives SaaS options for automated underwriting, digital third-party knowledge entry, guide underwriting, and deep insights by way of analytics. Its purchasers can undertake ALLFINANZ NOVA and seamlessly combine the brand new platform into their current methods shortly and effectively.
“We assist our purchasers differentiate out there by way of confirmed, class-leading options targeted on enhancing the end-consumer expertise of insurance coverage,” feedback Grant Andrew, VP, Buyer Success, North America, Munich Re Automation Options. “Our SaaS options are future-ready making certain our purchasers sustained aggressive benefit by way of frequently evolving new options and capabilities to shortly reap the advantages from the explosion of information. This requires the underwriting guidelines engine, back-office underwriting, third-party knowledge entry and analytical dashboards to be extremely versatile and shortly adaptable within the arms of underwriters and different enterprise customers.
Evolving Know-how to Assist Modern Merchandise
Todd Fancher, President, American Household Life Insurance coverage Firm.
“We consider we provide essentially the most compelling, confirmed and future-ready resolution out there, and we’re delighted to be working with American Household Life Insurance coverage Firm,” feedback Todd Fancher, President, American Household Life Insurance coverage Firm. “We’re at all times evolving our know-how to help our modern merchandise and supply the most effective customer support attainable. We’re dedicated to repeatedly researching essentially the most up-to-date know-how to make sure we’re on the forefront of the latest innovation.”
Munich Re Automation Options says that it’s persevering with to broaden its footprint in North America, with new offers and new hires throughout its senior management, account administration, challenge administration, resolution structure and buyer providers groups. The seller says its development demonstrates Munich Re Automation Options’ dedication to the area and making certain all prospects have straightforward and prepared entry to life insurance coverage.
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