Fiserv Advanced Underwriting

Studies have consistently shown that one of the biggest bottlenecks in the new business process is the amount of time it takes to assess and underwrite a risk. The paper-intensive back office tasks of determining requirements and ordering medical exams can often stall the process of getting your business on the books.

The Fiserv Advanced Underwriting system speeds your underwriting turn around time by automating many of your labor-intensive underwriting activities. It also manages the workflow and information that are more suitably monitored outside of your policy administration system.

Improved Efficiency

Fiserv Advanced Underwriting offers case management and tracking, and detailed reporting. The desktop view allows your underwriters to easily manage multiple cases and improve their workflow. MIB replies are automatically received, matched, and routed to the appropriate underwriter without user intervention, saving you valuable time and money. The easy access to case information, connections to outside services, and correspondence capabilities allow your underwriters to be more productive, effective and accurate.

Streamline your Underwriting Processes

• Desktop view allows your underwriters to easily manage multiple cases
• Automates Underwriter Workflow
  • Automatic case assignment
  • Case transfer capability
  • Case load balancing
• Accommodates timed or on-demand requests
• Networked to multiple major information providers

With new business acquisition costs on the rise, there’s never been a better time to discover the value of Fiserv Advanced Underwriting. Please contact us for more information or a live demonstration.

Fiserv Advanced Underwriting is also integrated with the ID³ Policy Administration System. Learn more about how ID³ could benefit your business.