New Business Framework

Available from Pegasystems

Attracting prospects and converting them into policyholders is harder than ever these days. Insurers must differentiate themselves with unique product offerings, competitive pricing and a painless submission process. Insurers are using BPM to create an “easy to use” channel to grow new markets and revenue. Pegasystems' technology helps leading insurers improve the processing of new business opportunities by:

Reducing application processing and quote turnaround times.

Building and maintaining long-term channel loyalty and relationships with Web tools and tailored processes that address the unique needs of business partners and their customers.

Improving operational efficiency and the capacity of underwriting support operations.

Accelerating time to market for new product or marketing offerings.

Improving the execution and efficiency of up-selling and cross-selling.

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