One of the major life insurance company of India leverages AutomationEdge RPA to simplify the proposal creation and assessment process
Proposal form is the most important document for any life insurance company. The proposal form has enormous information about the insured, also the insurer offers the policy on the basis of proposal form. Earlier the process of creation and assessment of proposal was very long and manual. There were multiple steps in Elixir Application like proposal creation, new business data entry, proposal assessments and underwriting. Integrating the Workflow‘s with the Policy Admin system, would have required many changes in the policy admin system.
Insurance Surrender Quote And Payout Gets Digital for a Leading Insurance company
Complex quotation and payout process for insurance policy surrender