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Creating Connected
Underwriting Capabilities
for the Digital Insurer
Creating Connected
Underwriting Capabilities
for the Digital Insurer
Summary
Improve risk assessment and reduce
operational expenses
Collaborate with colleagues inside
and outside the organization
Access data across systems for current,
complete and actionable information
Center work around the customer for
continuous context
What consumes underwriting resources and slows the pursuit of profitable business
by adding time and complexity to the analysis and pricing process?
Coordinating data acquisition
Managing versions of spreadsheets
Entering and re-entering data
across many different systems
Today’s consumers are connected:
Streaming data across platforms
Sharing information between networks
Demanding similar levels of connectivity,
personalization and service from insurers
Meeting these demands means insurers must evolve risk assessment
and modernize underwriting processes.
Connected Underwriting Delivers
Top and Bottom Line Benefits to Insurers
What if relevant information was continuously
available to those who needed it,
whenever and wherever, without having to
manually search, treasure trove,
or directly access underlying datasets?
THIS IS ALL POSSIBLE WITH APPIAN.
Benefits include:
Improve risk assessment
Streamline pricing and business acquisition
Reduce operational expenses and compliance risks
Improve customer satisfaction ratings
The Appian Platform:
Creates connected underwriting capabilities out of
disconnected datasets
Homogenizes data across channels
Provides context to data from disparate sources
Add functionality to your tool portfolio via a single,
unified platform from Appian that helps insurers:
Automate new business clearance and risk appetite
assessment
Drive efficiency in core processes and enable more
efficient pricing
Unify structured and unstructured data from internal
and external systems
Maximize legacy IT investments through integration
which extends
Combine process and content management with data
navigation and an intuitive interface.
Enable collaboration through alerts, workflow management
and co-work tasks
Provide secure and immediate access to critical data
via native mobility
Personalize process and business reports for immediate visibility
with real-time, actionable analytics
Capture new markets and new business when you
prioritize efforts to better serve customers.
Increase engagement with an intuitive user
interface
Improve customer service to increase customer
loyalty
Unify process, data, systems and people for better
decisions
Achieve rapid development of customer-centric
applications
Transform your business processes to become a
connected company in the digital world.
Connect underwriting to downstream systems
Improve cross-pollination of claims information to
related systems
Streamline customer, policy and contract servicing
and administration
Improve cash flow with finance, administration and
compliance management
Achieve the efficiency and agility needed for the
future while leveraging existing IT investments.
Modernize IT infrastructure without a
rip-and-replace initiative
Eliminate siloed point solutions
Advance enterprise mobility efforts
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linkedin.com/appian-corporation
twitter.com/appian
www.appian.com/blog
youtube.com/appian
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Connected Underwriting Capabilities for the Digital Insurer

  • 1. Creating Connected Underwriting Capabilities for the Digital Insurer Creating Connected Underwriting Capabilities for the Digital Insurer
  • 2. Summary Improve risk assessment and reduce operational expenses Collaborate with colleagues inside and outside the organization Access data across systems for current, complete and actionable information Center work around the customer for continuous context
  • 3. What consumes underwriting resources and slows the pursuit of profitable business by adding time and complexity to the analysis and pricing process? Coordinating data acquisition Managing versions of spreadsheets Entering and re-entering data across many different systems
  • 4. Today’s consumers are connected: Streaming data across platforms Sharing information between networks Demanding similar levels of connectivity, personalization and service from insurers Meeting these demands means insurers must evolve risk assessment and modernize underwriting processes.
  • 5. Connected Underwriting Delivers Top and Bottom Line Benefits to Insurers What if relevant information was continuously available to those who needed it, whenever and wherever, without having to manually search, treasure trove, or directly access underlying datasets? THIS IS ALL POSSIBLE WITH APPIAN. Benefits include: Improve risk assessment Streamline pricing and business acquisition Reduce operational expenses and compliance risks Improve customer satisfaction ratings
  • 6. The Appian Platform: Creates connected underwriting capabilities out of disconnected datasets Homogenizes data across channels Provides context to data from disparate sources
  • 7. Add functionality to your tool portfolio via a single, unified platform from Appian that helps insurers: Automate new business clearance and risk appetite assessment Drive efficiency in core processes and enable more efficient pricing Unify structured and unstructured data from internal and external systems Maximize legacy IT investments through integration which extends
  • 8. Combine process and content management with data navigation and an intuitive interface. Enable collaboration through alerts, workflow management and co-work tasks Provide secure and immediate access to critical data via native mobility Personalize process and business reports for immediate visibility with real-time, actionable analytics
  • 9. Capture new markets and new business when you prioritize efforts to better serve customers. Increase engagement with an intuitive user interface Improve customer service to increase customer loyalty Unify process, data, systems and people for better decisions Achieve rapid development of customer-centric applications
  • 10. Transform your business processes to become a connected company in the digital world. Connect underwriting to downstream systems Improve cross-pollination of claims information to related systems Streamline customer, policy and contract servicing and administration Improve cash flow with finance, administration and compliance management
  • 11. Achieve the efficiency and agility needed for the future while leveraging existing IT investments. Modernize IT infrastructure without a rip-and-replace initiative Eliminate siloed point solutions Advance enterprise mobility efforts