ID Number: G00158367



U.S. Life Insurance Requirements for an Electronic Underwriting RFP
26 June 2008
 
Steven Leigh  

Technologies that determine which underwriting requirements to order, that electronically evaluate underwriting data and that make final rating determinations drive value for U.S. life insurers. This research provides the questions life insurers should ask to select the most appropriate solution.





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Table of Contents


    
 Analysis

1.0
    
 RFP Considerations for Electronic Underwriting
2.0
    
 Underlying Considerations

2.1
    
 Long-Term Relationship
2.2
    
 Proprietary Nature of Underwriting Rules
3.0
    
 Functional Requirements

3.1
    
 Essential Functionality
3.2
    
 Additional Functionality
3.3
    
 Loading Data Into (and Out of) the System — Integrations
3.4
    
 Loading and Modifying the Underwriting Rules
3.5
    
 Interaction With the Underwriter
3.6
    
 Delivery of the Underwriting Decision
3.7
    
 Management Reporting
4.0
    
 Maintenance and Upgrades
5.0
    
 Deployment Options
6.0
    
 User Adoption
7.0
    
 Vendor Characteristics

    
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Browse Topics:
 
RFPs and RFIs
Underwriting Applications
Life Insurance, Pension and Annuity Systems




© 2008 Gartner, Inc. and/or its Affiliates. All Rights Reserved. Reproduction and distribution of this publication in any form without prior written permission is forbidden. The information contained herein has been obtained from sources believed to be reliable. Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner's research may discuss legal issues related to the information technology business, Gartner does not provide legal advice or services and its research should not be construed or used as such. Gartner shall have no liability for errors, omissions or inadequacies in the information contained herein or for interpretations thereof. The opinions expressed herein are subject to change without notice.




Resource Id: 707808