innovation@axegroup.com.au

Why Axelerator for Insurance?

Australian insurers and thousands of their intermediaries use Axelerator to assist with complex processes such as quoting, underwriting, claims processing, workflow and document generation.

Axelerator is software that helps complex risk gathering and making faster, more consistent and accurate decisions.

Fast tracking your existing business activities and introducing new initiatives is difficult where extensive information and complex processing is needed.

Where there are high volumes, your staff can be tied down by repetitive and laborious procedures, and excessive paperwork. Where there are high value transactions, wrong decisions and delays will be costly.

Complex insurance products and processes are being automated and integrated with Axelerator in weeks - instead of months.

Axelerator allows you to rapidly leverage the rules for pricing, underwriting and claims that make you competitive. This enables you to:

  • Increase your premium by providing better, more consistent service to your intermediaries and clients

  • Reduce your operating ratio by providing self-service

  • Lower your loss ratio by ensuring your underwriting is "Best of Breed"

  • Respond quickly to competitive threats, new products and distribution opportunities

  • Easily integrate your underwriting and claims with existing business systems and processes

  •  Leverage and broaden your underwriting and claims expertise