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New Business and Underwriting Systems - Life / Annuity Insurance

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Find new business and underwriting systems on our financial technology solutions research platform, use the directory to discover and find new vendors, and our guide to compare and evaluate fintech software, including reports and RFIs on functionality, available to insurance companies.
  • msg.Sales: Web-based multichannel and multi-line of business platform to support Quotation, Underwriting and New Business processes msg.Sales is…
  • Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build…
  • Oracle Insurance Policy Administration for Life and Annuity helps carriers consolidate multiple policy systems and transform their business. It…
  • Penn River is a Native Cloud Life and Annuity software company. We offer two products. ProductHub is an industry first solution that provides as…
  • A multi-profile portal for insurance business enabling external users (agents, end clients) to access their insurance data, create new policies…
  • Velogica is SCOR’s automated underwriting platform and algorithm based on a patented process that utilizes electronic data in conjunction with a…
  • Zinnia, an Eldridge business, combines a rich history of insurance expertise and product capabilities to create simplified and digitized outcome…
  • Unqork has developed modern, scalable, and easy to maintain new business solution for the L&A marketplace, including: - Order Entry for Life and…
  • Adacta Life is a core insurance Solution for Life insurance Companies. AdInsure provides Insurers with means to modernize, unify and manage thei…
  • Provides a checklist that is processed automatically to guide underwriting specialist. Produces the same UW results under the same conditions. B…
  • FINEOS is a leading provider of core systems for life, accident and health insurers globally with 7 of the 10 largest group life and health carr…
  • Comarch Life Insurance is a comprehensive system supporting individual and group life and health insurance. The system is perceived as a platfor…
  • Comarch Digital Insurance is a front-office solution ensures digitalization of sales and service processes with real omnichannel customer experi…
  • THE FUTURE OF DIGITAL INSURANCE Get new products to market faster, unlock revenue quicker and achieve greater ROI with GO-INSUR - an industry-le…
  • Cleva Life software, built on state-of-the-art technologies and following the best insurance practices, allows insurers to offer differentiated…
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These systems will typically provide the following functionality:

  • Collecting data at the front end as structured data in an electronic application that has been adapted for distribution channel and products.
  • Triaging risk in new business and underwriting rules engines that identify underwriting requirements and level of human underwriting intervention.
  • Fulfilling the various back office functions needed for processing such as evidence ordering, tracking and routing, correspondence, etc.
  • Analysing the resulting data for actuarial, underwriting, pricing, and marketing purposes. This includes automating the underwriting without intervention by a live underwriter.
  • Status tracking and reporting. They may also include workflow.
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