SymbioSys Auto Underwriting-as-a-Service is a powerful service that enables the field sales force to underwrite a case right in front of the prospect, using handheld digital tools. It has the capability to provide decisions even in a disconnected mode. This service is extensively used by Life and Health insurers across different countries. This enhances the experience of your customers, distribution agents and partners, by improving sales closures.

Over 8 million applications for 24 customers across 9 countries have passed thru SymbioSys Auto Underwriting. Some of our customers have achieved STP rate of over 80%

SymbioSys Auto Underwriting-as-a-Service enhances the sales effectiveness thru its capabilities to

• Flexibly define differentiated underwriting rules suitable to business needs based on various parameters like Product, Customer Profile, Geography, distributor, Medical/Lifestyle questionnaire etc.
• Improve the speed of policy issuance and reduce acquisition cost
• Improve the underwriting quality and STP rate thru Intelligence based rule refinement
• Attract and retain distributors by configuring underwriting rules specific to high producing/quality distributors
• Ability to maintain complete transparency and consistency throughout underwriting process
• Handshake seamlessly with digital ecosystem with ready real time API interfaces