A cutting-edge technology firm specializing in advanced solutions for the insurance and reinsurance industries has unveiled its latest product: an underwriting workbench designed to meet the sector’s evolving demands for efficient and streamlined management of insurance submissions.
This new workbench, developed in response to the rising need for more efficient submission handling, aims to empower underwriters by providing comprehensive oversight of the entire insurance submission lifecycle, from the initial proposal to the final binding.
Among its standout features, the product offers robust support for negotiation, quoting, declining, and policy binding. Additionally, it incorporates automated data capture, cleansing, and validation processes to ensure accuracy and consistency throughout the underwriting process.
A notable advantage of the platform is its ability to swiftly process large volumes of new risks, significantly reducing underwriting errors and inconsistencies. Its flexibility also allows for rapid deployment, ensuring smooth integration for new users.
Frank Perkins, a key executive at Inari, expressed his excitement about the new product, stating, “As global leaders in (re)insurance technology services, we are proud to showcase the evolution of our underwriting workbench at Insurtech Insights. We are excited to demonstrate how we are leveraging technology to simplify complex tasks and enhance underwriting operations with efficiency and precision.”
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