Harrell Group continues to invest in innovative solutions that meet the diverse needs of insurance agents and policyholders. A new dedicated tool within the “Optiweb” system represents an innovative solution that instantly responds online regarding the acceptance conditions of the requested insurance and the personal insurance premium that the customer has to pay, including medical premiums if applicable. Provide to store. This will happen as soon as you complete the sales process and answer your health declaration.
Insurance candidates’ acceptance conditions are verified all in one process when signing the proposal. Additionally, if candidates are required to submit documentation based on their personal medical circumstances to determine acceptance criteria, feedback will be provided detailing the required documentation and these documents can be attached within the same process. It also gives you the option to. This development will enhance agent professionalism, significantly reduce proposal processing time to policy issuance, and allow agents to allocate additional resources to customer service.
Harrell representatives noted that automated underwriting relies on existing underwriting functionality within Harrell’s core systems. Core processes enable accurate underwriting pricing during the sales process by weighing various declarative and historical underwriting characteristics of insurance candidates in conjunction with business logic and agency benefits. It will be.
Additionally, the system allows Harel’s underwriting department to build and update underwriting rules to improve automation rates without resorting to additional development. The externalization of core engine rules to digital channels is facilitated by a middleware layer based on the MULE SOFT product, Harel’s innovative production simulator developed and implemented using cutting-edge technology (React/Node). Enables real-time traffic via secure API to Optiweb. About AWS cloud technology.
“The digital automated underwriting process simplifies underwriting as a step in the sales process and allows for more complex underwriting and specific underwriting conditions,” said Hagit Zafrir, Harrell’s senior vice president and head of healthy living. This will enable automatic issuance even for proposals that require This tool joins the suite of tools that Harel offers agents to help clients engage in a professional and expedited sales process. We are proud to remain at the forefront of technology and innovation, providing agents with tools that simplify the technical sales process. This solution complements the comprehensive offering Harrell offers agents in terms of products, services and tools. Hagit Zafrir, Senior Vice President and Head of Healthy Living at Harel (Credit: Rona Teper)
Itzik Izmirli, Head of Core Systems for Life and Health at Harel, said: “We are proud of the successful development of digital underwriting implemented in-house. , represents another step in Harrell’s digital transformation in recent years. This technology will enable Harrell to: Strengthen. ” Itzik Izmirli, Head of Core Systems for Life and Health, Harel (Credit: PR)
