Portrait New Business handles the entire new business acquisition process, from the initial contact through to policy issue, based on underwriting best practice. It provides end-to-end process transparency, traceability and reporting, reducing bottlenecks and sales leakage.
Integrated Analytics
Be one step ahead of the competition. Portrait New Business includes powerful, real time analytics enabling you to:
- Create risk profiles and evaluate underwriting experience
- Analyze where your business is coming from
- Provide a breakdown of the total operational risk
- Provide a value add service for intermediaries
- Focus on sales and service with customer target lists and product recommendations
- Develop scorecards and treatment strategies
- Construct specific information and data domains
Integrated Underwriting Expertise
Portrait New Business is seamlessly integrated with Magnum, Swiss Re's underwriting rules engine. Alternatively the solution can be fully integrated with the rules engine of your choice. Proven in the market place, Magnum gathers and assesses all relevant underwriting information, enabling immediate acceptance at the point of sale. Rules are easily built and maintained using a graphical design engine, and with reflexive questioning and powerful navigation Portrait New Business and Magnum create an enhanced user experience.
Underwriting Desktop
With instant access to multiple systems and relevant data, the underwriting desktop provides the underwriter with access to everything relevant to the case including documents, decisions and Lifeguide. Case management is fully automated so that managers and distribution partners can track each application from beginning to end.
Streamlined Documentation and Administration
Integrating with your existing Policy Administration and Document Management systems all administration and communication is fully automated to provide an end-to-end efficient service.
Business Improvement
Powerful workflow management capabilities and sophisticated analytics enable you to monitor Service Level Agreements, improve processes, manage resources and performance and therefore gain greater insight on risk and operational data.
Multiple Channel Support
The solution enables multi-channel data entry, including support for telephone underwriting, with IFAs, sales staff and customer service agents being guided to the next appropriate step at every stage. Underwriting decisions are delivered to the applicant at the point of sale whether in person, on the web, through a contact center or via third party distribution. IFAs and channel partners are provided with access to all the information they need to complete the sales process.
Portrait New Business, integrated with Magnum, streamlines new business acquisition and eliminates underwriting bottlenecks.
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