Welcome to your REALYTIX ZERO space for underwriting experts
Step into the digital underwriting revolution - by underwriters for underwriters
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For underwriters:
- Empowers you to stay focused on underwriting, not writing code.
- Enables you to create, launch & scale insurance products fast via any distribution channel.
- Allows you to customize the entire workflow of the rate, quote, bind process no matter the complexity.
- Gets rid of the time-consuming process of creating insurance documents – no Excel or manual processes needed to generate proposals, quotes, binders, endorsements and more.
- Generates valuable data analytics and insights to make more informed decisions instantaneously, refine underwriting rules, react quickly to market conditions and improve risk management.
Our solutions for your workflow
Product design
Creating a new insurance product smoothly and easily
REALYTIX ZERO enables users to create insurance products quickly and easily. Our self-configurable capabilities and no/code low code approach allow users to design and configure the different elements of their insurance products autonomously. This includes defining data fields, setting up rules and logic, creating workflows and more. The visual interface makes it intuitive and user-friendly, eliminating the need for complex code.
Process efficiency
Bring products live in a matter of weeks
Legacy IT infrastructure, limited resources and tight budgets make it very difficult to quickly launch new products, adapt existing ones or introduce new distribution channels. It often takes up to two years from the initial idea to market launch. But speed is key to a competitive edge. With REALYTIX ZERO, you can launch, distribute and scale new or existing insurance products significantly faster, reduce costs and increase process efficiency.
Data-driven decisions
Leverage data to gain valuable insights
Valuable data gets lost throughout the manual underwriting process. With REALYTIX ZERO, you can start leveraging this data to gain actionable insights into customer behaviors, risk patterns, and underwriting performance. These insights inform product design enhancements, pricing adjustments, and underwriting rule refinements, leading to continuous improvement and innovation in your insurance product offerings.
Better customer experience
Improve your customer journey
REALYTIX ZERO significantly improves the overall customer experience by streamlining the process into a user friendly, responsive and common-sense experience. Policy applicants receive real-time decisions and quick proposal or policy issuance, reducing the need for extensive paperwork, multiple e-mails and prolonged waiting periods. This convenience and efficiency contributes to increased customer satisfaction and loyalty.
Let´s dive into some our most revolutionary features
Control & flexibility
Product design
New possibilities, new products
Fully digital and self-configurable product design, pricing, distribution, and administration on a single, cloud-based, no-code/low-code platform. Leverage a robust API- driven ecosystem to analyse risks, reduce questions asked and integrate seamlessly into almost any internal and external system.
Interactive customer questionnaires and rules-based underwriting decisions
With our best-in-class Rules Engine you can configure customer questions and rule-based underwriting decisions that enable 100% digital, high-quality risk assessment without any IT support. Follow up questions, dependencies, referrals – all easily set up.
Workflow automation
Automate & customize workflows based on your specific underwriting process, regardless of the complexity. Self-configure, deliver, and track quotes, renewals, endorsements, referrals, and notifications to provide efficient servicing for any part of the rate-quote-bind process.
We speak your language
Don’t know how to code? Know Excel? Whatever your technical knowledge, you’ll know REALYTIX ZERO. Using common typescript and expressions, calculations & input conditions can be easily developed, defined & self-configured—from the simple to complex--then re-used or modified across the platform to support additional products or product/customer needs.
External data sources & an API driven ecosystem
Informed & efficient risk assessment
Enhance and inform your underwriting process through our API ecosystem. Incorporate off-the shelf, in-house or third-party analytics and other data sources to streamline the risk analysis process, reduce the number of questions asked and improve the underwriter and customer journeys.
Powerful pricing for any product
With our powerful Pricing Engine, you can quickly assess risks to deliver real-time pricing options. React quickly to changing market conditions, adjust pricing, incorporate new assessment criteria, as needed and on-demand.
Time savers
Process efficiency
New products – no time
Legacy IT infrastructure, limited resources, reliance on third-party providers and tight budgets hamper efforts to quickly launch new products, adapt existing ones or introduce new distribution channels. REALYTIX ZERO eliminates those challenges by giving you the autonomy to launch, distribute and scale new or existing insurance products significantly faster – often in a few weeks – which means reduced costs, increased process efficiency, and a quicker path to profitability.
Easy & fast distribution
Our robust distribution engine supports a multichannel approach. You can easily distribute products through any distribution channel, either through brokers or agents or directly to customers via mobile apps or webpages supporting a fully digital customer experience.
No more development efforts – your new product will be instantly available via a white labelled UI (User Interface) or API to a new or existing interface.
Highly modular
There is no need to recreate the wheel for each new product. Common and complex calculations, assessment questionnaires, visualisations and other elements can be re-used, stored, and accessed for future use or easily modified for new products, customers or partners.
Create documents automatically & ad hoc
Automatically generate slips, quotations, binders, policies and endorsements and all associated e-mails at any point in the underwriting process. All documents can support unique identifiers & naming conventions.
And can be white labelled for text, logo, and graphics to maintain and promote brand identity for you, your customers and business partners.
Cloud based – always on, always secure
Access REALYTIX ZERO anytime, anywhere. Changes will always be saved and visible for the whole team – errors easily recovered and rolled back – thanks to our advanced version control system. Realytix also meets and exceeds all existing international security standards.
Insights & customer experience
Product deployment
Launching a product has never been so easy
With REALYTIX ZERO, you can deploy new versions of your product with just a few clicks, define "go-live" dates and start distributing in record time. No need for in-house development or waiting to get on a vendor’s backlog – REALYTIX ZERO enables autonomy. No more complicated manual processes. A completely digital and automated underwriting process – accessible via a white label UI or API.
Actionable insights across the customer journey
A new way to use, analyse & adapt your products
Collect, analyse, and react to data and visualize it in real time. Strong analytics and reporting empower you to drive profitability and growth by leveraging data-driven insights and enable better and faster UW decisions. Monitor your portfolio performance in real time to react to market conditions, understand opportunities and hone your customer experience.
Data insights for better underwriting decisions
With REALYTIX ZERO, you can start collecting your customers structured data and visualize it in real-time. This empowers you to drive profitability and growth by leveraging data-driven insights that enable better and faster UW decisions.
One product – a diverse set of users, easily managed
With our multi-user environment you can self-configure permissions for individual and group users depending on your business strategy, enabling full control of your products and portfolios.
Product versioning
With this feature, access different versions & variations of a product. That allows you to track the performance of your product depending on the version and adjust accordingly.
Agent UI for an improved customer experience
Increase customer engagement with a seamless on-demand customer journey and decrease client drop-out because of long questionnaires or poor user experience.
Our product studio allows you to provide your Brokers & Agents with a customized, white labelled User Interface to manage, quote & bind products.
How to get started
Introducing REALYTIX ZERO at your company
Launching your first products
Enhancing & maintaining products
Would you like to know more about the revolutionary power of REALYTIX ZERO? Contact us!
