Portrait Underwrite

Efficient, accurate underwriting for profit

Gartner Group said it best:

“Traditional underwriting processes are slow, inefficient, inconsistent and inaccurate.  Insurers are being pressed to find new solutions to automate, speed and manage the underwriting process to meet consumer,
distributor and corporate objectives.”

Underwriting is one of the most complex business processes in all of financial services.  It’s also one of the most critical.

Portrait Underwrite™ is the first solution to improve the entire underwriting process from end to end, leading to better decisions, faster.

  • Automates and streamlines communication between underwriters, partners and clients (internal and external)

  • Assesses complexity at point of sale and invokes relevant treatment strategy

  • Passes borderline decisions to appropriate underwriters along with all relevant documentation and contact history

  • Supports underwriters with process rules and workflow to expedite decision-making

  • Advanced case management supports decision tracking and management on complex cases

  • Intuitive information portals allow managers and partners to track cases and monitor resolutions

  • General Practitioner’s Portal speeds collaboration with GPs and medical professionals
And as rules and processes change, Portrait Underwrite™ lets business users adapt processes to reflect the new order.

The Bottom Line

  • Lower the cost of underwriting – through improved efficiencies and resource allocation

  • Ensure consistent and compliant risk decisions – with best-practice processes

  • Reduce risk with accurate, up-to-date information where it’s needed most

  • Monitor and improve the process with better management visibility and track-ability

Download our brochure - Streamlining new business acquisition in insurance - to find out how Portrait Software has has joined forces with Swiss Re to offer an integrated solution to eliminate application and underwriting bottlenecks.