Make more consistent evidence-based decisions
To comply with today's ever more stringent regulations, you need to be able to show you are treating every customer fairly.
Yet, even when underwriters have access to exactly the same information, they can make quite different decisions. It's understandable of course, they are human after all.
So how do you ensure you remain compliant and do the right thing by every customer?
Data-driven decision making
Our digital underwriting solutions can solve this issue for the vast majority of routine applications. Whether you select an existing rulebook or develop your own, you can be sure that the same rules will be applied in every case.
It means that you'll be able to clearly demonstrate compliance with key industry regulations. Better still, you'll be able to free up your underwriters for the applications that really need their attention.
The Munich Re advantage
With our solutions, you get:
- SaaS-based technology that's fast to implement and easy to integrate with what you already have in place
- The flexibility to work the way you choose - whether you want to revolutionise the customer experience, change the rulebook you use or create your own from scratch, we've made it easy
- A faster, more intuitive buying experience for customers, enabling them to buy when, where and how they prefer
- Access to new sources of information as they become available in your country so you can make faster, more accurate decisions about cover
- The ability to use in-depth business intelligence to better understand how your firm is performing and identify opportunities for improvement
- A commitment to innovation - we pioneered automation in the insurance industry and we're laser-focused on using technology to continually reinvent the consumer's experience of buying insurance
- The backing of a business who's been helping leading insurers revolutionise how they work for over 30 years