Calliden - a listed general insurer that specialises in developing tailored insurance solutions for specific markets that includes groups and associations - uses Axelerator as their platform to support pricing and underwriting "self service" processes for its numerous schemes ... more
"...one of the first straight-through insurance processing systems in the world and answers the needs of advisors..." ... more
Axelerator intelligently leads a user through friendly screens to collect just the data required for underwriting. If your rules determine that it’s a cleanskin then the premium will be calculated and the user offered to bind. If however it’s a referral, then an email may automatically sent to an underwriter, along with the risk details. The underwriter can then adjust the premium or decline the risk. Upon his decision, the original user would be advised and can then proceed with the quote.
Users of Axelerator-powered solutions can be administered by your business people. Your staff, underwriters, intermediaries and call centres can easily be setup with custom privileges.
Axelerator provides a personal touch through “custom skinning”. Depending on who the user is, it automatically tailors the look and feel. Even questions and calculations can be tailored. For example, you can have alternate text versions for various user groups such as Brokers, Dealers, Call centres, Underwriters and Direct.
Your documents, your client's documents and broker's documents are assembled instantly by Axelerator. These can include quotes, covernotes, policies, Statements of Advice, in Word, PDF or HTML formats. It can provide different documents for your broker compared with your client showing, say, broker fees.