Case Study: Data-Driven Automated Underwriting

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Establishing a 50% straight-through processing rate with automated life underwriting

Learn how a midsized Canadian insurer leveraged the Aura Next decision management platform to overhaul its manual and time-consuming underwriting process.

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The Challenge:

 

To reduce the risk and inefficiencies of their existing operation, the insurer was looking to digitize and automate the application and underwriting decision-making process.

 

 

 

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The Results:

  • Reduced time from application to underwriting from weeks to minutes
  • Established a 50% straight-through processing rate for all products

  • Created a completely digital, omni-channel experience enabling point-of-sale decisions


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Reinsurance alliances are more than just business deals. From internal alignment to leveraging third-party relationships, learn how to create reinsurance partnerships that drive strategic growth. 

Visit our Strategic Growth Solutions page and Contact us today to discuss your own reinsurance alliance.

Meet the Authors & Experts

Jen Jennings
Author
Jen Jennings
Vice President of Business Initiatives, Strategic Growth Solutions