Varistha has created an online medical underwriting system used by insurance providers offering life or income protection insurance.
vUnderwrite is a system which allows insurance companies to create and manage the underwriting rules and outcomes for applicants of their products. With different levels of outcome, vUnderwrite manages risk levels and automates all but the most complex of underwriting decisions.
The medical questionnaires, whose answers determine whether cover is granted and the premium, are set by the insurance provider, only the most complex cases need to be interviewed by a medical professional via telephone.
Features of vUnderwrite
Create unlimited questionnaires to support all your existing and planned products
Set up and manage the exact criteria for each questionnaire; making changes whenever you need
Determine the rules to either accept or decline a policy for an applicant
View all activity on a user-friendly dashboard
Set up automatic transfer of underwriting data into policy administration system
Access for IFA firms to view and manage cases belonging to their firm
Set individual user access levels; enable your users to view just their cases or all cases submitted by their Organisation
Benefits of vUnderwrite
Automate a very time-consuming process
Support your clients with a 100% online presence
Manage risk by setting the rules for your questionnaires
Automation reduces cost by allowing your underwriters to focus on the most complex cases, increasing the turn-around time of applications
Reduce the administration time involved with automated communication
Please call 01242 221848 or email email@example.com to discuss our medical underwriting system, and how it can revolutionise your business.
Keith Taylor I IT Manager, Quote Generator – Holloway Friendly
“We approached Varistha to design and build a sophisticated quote engine to enable our products to be marketed via the insurance industry quotation portals. We also required a custom CMS system to be developed to manage those products...Read More”