innovation@axegroup.com.au

General Insurance

Business packs, multi-risk products, schemes and other complex insurance products are being automated and integrated with Axelerator within weeks - instead of months.

Axelerator allows you to rapidly leverage the pricing and underwriting rules that make your business competitive. This enables you to:

  • Increase your GWP by providing better, more consistent service to your brokers, partners and clients
  • Reduce your operating ratio by enabling broker self-service and complete life-cycle
  • Lower your loss ratio by ensuring your underwriting process is “best of breed”
  • Respond quickly to competitive threats and new product opportunities
  • Easily integrate your underwriting with your existing business systems and processes

Rules and rates can be written and maintained by business people. Your rules control your premium calculations, or intelligently evaluate the risk - just like your underwriting guidelines require, only more effectively.

A quote register that is instantly kept up-to-date is part of Axelerator. You can easily search this register by status and easily see what are the most urgent and important quotes to consider.

Axelerator supports full life-cycle transactions including: quote, policy binding, referrals, closings, posting, endorsements, amendments, cancellations, renewals, lapses and reinstatements. Your workflows can be made paperless, and documents are generated automatically and in real-time.

Selected staff, intermediaries and clients are led through user-friendly screens to collect only the data required for Axelerator to make a decision.