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Average Ratings 0 Ratings

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ease
features
design
support

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Description

Streamline the risk assessment process by reducing the number of locations that underwriters and staff need to evaluate from 15 to just 1. Provide real-time insights into appetites, winnability, and guidelines, ensuring that the most promising business opportunities rise to the top of the underwriter’s workload. Equip underwriters to make informed decisions that align with the organization's overarching goals and strategic direction. Employ visual tools to track risk accumulations, actively manage the portfolio, and steer underwriters towards the most favorable outcomes. Relieve underwriters and staff from tedious tasks such as completing paperwork and searching for risk information and underwriting guidelines. Customized workflows for new business, renewals, and referrals integrate goal-setting, performance monitoring, comprehensive account data, and risk assessments. Our innovative platform enhances risk selection and provides portfolio-aware insights, making it easier for underwriters to navigate the final stages of underwriting and core operations through a user-friendly workflow crafted specifically for their needs. By implementing these advancements, the efficiency and effectiveness of the underwriting process will be significantly improved, ultimately benefiting the entire organization.

Description

As regulatory and analytical demands for PBR, IFSR, and predictive analytics continue to rise, actuaries are tasked with handling ever-expanding amounts of both current and historical data. The Insight Enterprise data warehouse serves as a streamlined, integrated repository for corporate policy, claims, and agent information. This open database empowers users to create personalized data extracts for any specified timeframe, which can then be utilized in external processes; many of these outcomes can be reincorporated into the system for straightforward analysis via a BI interface alongside administrative system data. Although the Insight Enterprise undergoes thorough testing throughout its development and quality assurance phases across various data sets, it's important to acknowledge that, due to the diverse range of data sets encountered across different insurance companies, lines of business, and administrative systems, achieving a completely error-free complex system is not feasible. Comprehensive support is available for the Insight Enterprise to address any software-related issues, with timely patches developed and distributed to all clients impacted by processing or calculation discrepancies. Furthermore, this proactive approach ensures that users can rely on the system’s integrity and effectiveness in meeting their analytical needs.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

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

Federato

Country

United States

Website

www.federato.ai/

Vendor Details

Company Name

Insight Decision Solutions

Founded

2000

Country

Canada

Website

www.insightdecision.com

Product Features

Insurance Underwriting and Rating

Broker / Agent Portal
Carrier Upload
Commercial Lines
Comparative Insurance Rating
Customer Portal
For Casualty Insurance
For Health / Medical Insurance
For Life Insurance
For Personal Insurance
Multi-State
Multiple Line Rating

P&C Insurance

Billing & Invoicing
Broker / Agent Portal
Claims Management
Commission Management
Customer Portal
Document Management
Insurance Rating
Marketing Automation
Policy Management
Quote Management
Reinsurance Administration
Underwriting Management

Product Features

Business Intelligence

Ad Hoc Reports
Benchmarking
Budgeting & Forecasting
Dashboard
Data Analysis
Key Performance Indicators
Natural Language Generation (NLG)
Performance Metrics
Predictive Analytics
Profitability Analysis
Strategic Planning
Trend / Problem Indicators
Visual Analytics

P&C Insurance

Billing & Invoicing
Broker / Agent Portal
Claims Management
Commission Management
Customer Portal
Document Management
Insurance Rating
Marketing Automation
Policy Management
Quote Management
Reinsurance Administration
Underwriting Management

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Intelligent Life Technologies Limited