Underwriting


Llyod’s and London marketspace’s policies are typically underwritten by multiple entities or a syndicate underpinning the liability to the syndicated market. In a fast-paced world, brokers must work quickly to quote and bind products. But what if we could automate the entire process? 

At Coforge, we deliver an accelerated and automated underwriting system with complete policy and customer administration with flexible reporting. With AI/ML, predictive analysis, and advanced statistical models, we add real value and support disciplined underwriting. 

Our technology applications include: 

  • Powerful decision support tool - AI and advanced pattern matching to enable quicker and more informed decisions 
  • Smart automation – robotic process automation coupled with sensor technology, like IoT, to significantly reduce underwriting timelines 
  • Intelligent data-driven analysis - based on insurance/loss history and outcome prediction resulting in highly effective closure of new business cases with the best-combined ratio for the insurance carriers 
  • Integration with core system – introducing new business and quoting capabilities across the insurance value chain 
  • AI-powered platform - our solutions include AI-based digital business assistants, multi-currency, multi-lingual, multi-channel experience, and image recognition. 

Our innovative underwriting solution provides an easy-to-use interactive experience that is configurable to your business needs. 

 

Airline Operations
Why Us ?

 

  • Soft recommendation, based on pre-defined rules, to enable UW to focus on core tasks and reduce unutilized UW capacity
  • Increase the submission process by 3X through better decision making  that augments risk understanding with a judicious combination of human logic and AI/ML, RPA, and sensor technology like IoT
  • Improve time to market by 15 – 20% through the automated underwriting process and smart framework 
     
Get in Touch
Americas+
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Americas & Canada
Coforge Inc.

New Jersey

502 Carnegie Center Drive
Suite #301
Princeton, NJ 08540
Ph: 770-290-6113

Europe+
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Europe
Coforge UK Ltd.

2nd Floor, 47 Mark Lane,
London - EC3R 7QQ, U.K.
Ph: 770-290-6113
Fax: +44 (0) 20 70020701

Asia+
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Asia
Coforge Ltd.

SEZ Developer Unit

Plot No. TZ-2 & 2A, Sector Tech Zone,
Greater Noida, UP 201308, India
Ph: +91 (120) 459 2300
Fax: +91 (120) 459 2301

Rest of the World+
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Rest of the World
Coforge Ltd.

SEZ Developer Unit

Plot No. TZ-2 & 2A, Sector Tech Zone,
Greater Noida, UP 201308, India
Ph: +91 (120) 459 2300
Fax: +91 (120) 459 2301

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