Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Predicting the future can be challenging while trying to stay aligned with current trends. To thrive in the highly competitive life insurance industry, it is essential to implement a strategic underwriting solution that is designed for both present needs and future challenges. AURA NEXT goes beyond a standard rules engine; it is a cloud-based decision management platform that is prepared for the future. At the point of sale, AURA NEXT delivers the most accurate and comprehensive decisions swiftly through data-driven underwriting and smooth integration with various front and back-end processes. As consumer preferences evolve, it is crucial to have agile and secure underwriting technology that ensures preparedness for future demands. Built on the robust Amazon Web Services (AWS) cloud, AURA NEXT can efficiently manage fluctuating demands, boasts impressive scalability, and seamlessly connects with existing legacy systems while accommodating multiple distribution channels. Additionally, its data visualization capabilities offer valuable insights, allowing for the extraction of meaningful metrics and key performance indicators that facilitate informed and strategic operational decisions. Consequently, organizations using AURA NEXT can enhance their competitive edge and adapt to the ever-changing landscape of the life insurance market.
Description
EbixAdvantage serves as a complete, fully integrated enterprise administration platform tailored for property and casualty insurance carriers, designed to facilitate the entire workflow from quoting and underwriting to policy issuance, management, claims processing, billing, and accounting. This system utilizes a centralized database, ensuring that most data is entered just once and subsequently shared across various modules, allowing for seamless access to policyholder information, documents, images, and more throughout the entire system. The user interface is designed for ease of use, incorporating workflows that automatically direct users to the appropriate screens, generate follow-ups and work assignments, and maintain tracking indicators and audit trails for accountability. Additionally, the product configuration offers remarkable flexibility; it features a rules-based, table-driven “product builder” that enables users to define and modify products, lines of business, rating criteria, underwriting screens, document templates, and validation rules without requiring extensive programming knowledge. Consequently, this adaptability enhances operational efficiency and supports the dynamic needs of insurance carriers.
API Access
Has API
API Access
Has API
Integrations
Microsoft Excel
XML
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Reinsurance Group of America
Country
United States
Website
www.rgare.com/aura-next
Vendor Details
Company Name
Ebix
Founded
1976
Country
United States
Website
www.ebix.com/ebixadvantage
Product Features
Insurance Policy
Cancellation Tracking
Claims Tracking
Policy Generation
Policy Issuance
Policy Processing
Quotes / Estimates
Rating Engine
Reinstatement Tracking
Reinsurance Administration
Renewal Management
Underwriting Management