Life Insurance Underwriting Gets Wired With BPM
Published: 17 March 2006
To speed up the turnaround times on underwriting life insurance cases that are $500,000 or greater in face value, a few leading life insurers have begun using advanced collaboration tools, performance measurement and process simulation capabilities.
Table Of Contents
- Active Monitoring and Measurement
- Process Simulation
- Using Rule Engines for the Simple Cases
- Using Rule Engines to Immediately Reject Applications From Producers That Submit Unwanted Business
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