Customer success Stories
We help insurance businesses just like yours transform how they operate, open up new markets and better serve customers.
VitalityLife (formerly PruProtect) gains early foothold and profits through fast applications and "invisible" underwriting.
"Smart interview questions and rules send fewer referrals up to human underwriting. That pushed straight-through processing to more than 60 percent and growing. So underwriting costs have dropped as a percentage of new business."
Cyprus-based EuroLife uses ALLFINANZ to cut sign-up times by 66 percent and medical costs by 20 percent.
Clearlt refined questions and rules, combined with marketing efficiencies, have resulted in a 20 percent reduction on underwriting-related medical costs and lower staffing in the underwriting department.
Superior consulting services from Sony Life Insurance Japan via an innovative application/declaration process using automated underwriting.
The system includes a revolutionary tablet-based application process which can be completed on-screen from start to end of the application.
Australian-New Zealand life insurance company cuts sales times and costs, while revenues rise.
"New business increased more than 20 percent last year because we're more responsive to advisers. Without this integrated systems, sales would be far harder to process. Now I can see and describe our future in concrete terms."
"They have the knowledge, they have innovation, and they are moving faster but wiser than the others in the market."
ALLFINANZ has all the right features. A key driver in selecting them was that ALLFINANZ is the core product line to which Munich Re Automation Solutions Ltd is fully dedicated. Their product is constantly enhanced and honed because it's their prime business concern. It's not an add-on or side dish to another service or software.
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