SSG Digital Platform - Underwriting (UK)
Overview
SSG Digital Platform – Underwriting, is one of three elements of our SSG Digital Platform - the eco system for financial service providers with infinite possibilities.
The traditional underwriting method is a lengthy process and often requires manual intervention. But today’s market and customers demand immediate results. The answer is a data-driven platform which automatically takes an application through the underwriting process without technical or manual constraints.
Key Features
- Support full ‘Self-Serve’ functionality.
- Significantly reduce operational and underwriting costs.
- Offer ‘acceptable terms’ to over 80+% (65% traditional IP) of applicants immediately at point-of-sale.
- Enhance risk management through in-depth business analytics.
Key Benefits
- Fully configurable – By fulfilling immediate and acceptable terms, without referring to a clerical underwriter – our client’s point of sale acceptance rates are maximised to over 80%.
- Unparalleled customer engagement – Self-service client portals allow customers to modify terms and cover options – to maximise acceptance, improve conversion, increase cross and upselling and lower costs.
- Reduce operational spend – By utilising the SSG Digital Platform you will significantly reduce operational and underwriting processing time and costs.
Product/Service details
SOLUTION OR SERVICE TYPE