ValueMomentum hosts webinar on “Underwriting Workstation Advantage …creating the edge in Commercial Lines”
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Deb calls for a reality check stating "For complex risks, analyses and evaluations are based on credit, hazards, financials, and loss experience information which exists outside the walls of the policy administration system. Therefore, typically the automation of these more sophisticated decision making processes takes place outside the functional capabilities of the policy admin systems."
Deb notes that an underwriting workstation "is able to deliver the business capabilities needed to improve underwriting productivity, efficiency, effectiveness, and decision-making quality, and to create differentiation in the market."
ValueMomentum's Chief Product Officer
DealFoundry™:
• Presents underwriters with the right data at the right time and provides seamless access to all aspects of a deal to facilitate appropriate action
• Routes accounts into distinct processing tasks based on underwriting complexity, risk level and size of the exposure
• Complements policy systems and leverages existing investments
"ValueMomentum's DealFoundry™ solution aligns well to the required business and technology capabilities. It unifies work, enabling the underwriter to use a functionally rich desktop to view, assess, and price a risk, policy, or account", notes Deb, in the SMA Perspective.
Following the webinar, attendees will receive a complimentary copy of the SMA Perspective on "Underwriting Workstation advantage...creating the edge in Commercial Lines" courtesy of ValueMomentum.
You can learn more about DealFoundry™ at http://www.valuemomentum.com/dealfoundry.html.
About ValueMomentum
ValueMomentum provides Software & Services to Insurance, Financial Services and Health Payer firms. Our Customers like working with us because we deliver value to their initiatives, thereby, driving their momentum. ValueMomentum does this by applying a time-tested formula of combining strong technology expertise with deep industry experience.
ValueMomentum's Software for Insurance Carriers includes iFoundry™ Rating Engine, iFoundry™ Product Configurator and DealFoundry™ Underwriting and Portal.
Read the full story at http://www.prweb.com/releases/underwriting_workstation/03_2014/prweb11699747.htm
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