Accelerating Life Insurance New Business with PSuite
Wiztek offers a vertical extension of the PSuite Process Platform for Life Insurance which enables seamless application entry, auto and manual underwriting and policy issuance of the insurers products. The extension provisions templates and accelerators to rapidly deploy all associated business processes and realize true straight through processing of new applications from a variety of channels, uniformly apply validation, completeness and underwriting business rules, and manage all associated workflows related to case tracking, underwriting and policy issuance. The following highlights the key capabilities of the PSuite Life Insurance platform.
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Policy Application Gateway
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Product Center
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New Business and Application Workbench
Underwriting and Processor Task Management
Correspondence Controller
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Centralized authoring and life cycle management of Rules
Graphical Modelling, integration and execution of Business Process and Transaction Models
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