eGuide
Intelligent Sales & Underwriting Workbench: Simplifying Quote, Rate and Renewal Processes
In the evolving landscape of group and voluntary benefits sales and underwriting, insurers face significant challenges during new business acquisitions and annual renewals to engage customer’s employees to drive growth. Success demands a solution that transforms and streamlines the customer lifecycle from onboarding and enrollment to automated renewals, medical underwiring and AI-powered crosssell opportunities to create a seamless customer experience.
Majesco Intelligent Sales & Underwriting Workbench is designed to revolutionize this customer experience through seamless, intelligent straightthrough processing (STP) and customizable user experiences for various stakeholders like employees, brokers, and underwriters. Harnessing advanced rule engines, AI, content management, and rating mechanisms, it facilitates dynamic proposal generation, accelerates quote processing, increases cross-selling, and significantly cuts costs, enabling more quality business in less time.
Specialized for Group, Voluntary, and
Worksite Benefits
Purpose-built for group, voluntary and worksite benefits, the
platform uses AI-driven technology to offer comprehensive,
configurable modules for quoting, rating, proposal creation,
enrollment, and seamless renewals and includes:
Streamlined Client Onboarding
Revolutionize your employee benefits process with efficient
client onboarding.
Intelligent Enhancements
Enhance component functionality with AI, predictive analytics, and machine learning.
Boosted Productivity
Equip external users with innovative productivity tools linked
to the underwriting workbench.
Why Majesco?
AI-Powered Innovation
Embedded AI to optimize processes, increase profitability, and elevate cross-sell opportunities, positioning you at the forefront of industry innovation.
Optimized Quoting Efficiency
Reduce quote times with advanced productivity tools, enabling quicker business writing. Empower producers with the flexibility to generate rapid quotes using pre-designed plan templates and monitor sales efficiency.
Deeply Integrated with Majesco Policy for
L&AH
Deliver “tip of the spear” business transformation with deep integration with Majesco Policy for L&AH to drive speed to market, innovation, and enhanced customer experiences. Can be implemented standalone as well.
Transformative Customer Experience
Revolutionize the customer lifecycle, from onboarding and enrollment to automated renewals and individualized medical underwriting.
Efficient Client Onboarding
Adopt our purpose-built enrollment solution for digital, persona-based client experiences across various user groups.
Enhanced New Business and Renewal
Strategies
Employ predictive analytics for alternative renewal recommendations and cost containment, while minimizing quote turnaround times.
“We needed a modern, agile system for new business and renewals with state-of-the-art tools for underwriting and renewing our group business. We chose the Intelligent Sales & Underwriting Workbench as our long-term solution to simplify our business processes, yield faster turnaround times, and improve our partners’ digital experience. It will also allow us to provide our plan sponsors and advisors with online tools to simplify doing business with Beneva.”
“Working with Majesco, we are not just getting rid of our underwriting tool or our quote generation engines, there are all these small trackers in between. There are systems that bridge over other systems that we are also eliminating with this work. You start think of it like you would eating an elephant, one bite at a time, it is very digestable and sellable to senior leadership as a proof point.”
Are you ready to gain a competitive edge leveraging by AI technology and cloud-based solutions?
Majesco’s Intelligent Sales & Underwriting
Workbench is a powerful and innovative solution that can transform your group and voluntary benefits business. Experience the flexibility, scalability, speed, and performance world-leading insurers rely on every day.
Contact Us to Take the Next Step
Request more info or email us at info@majesco.com.