PARTNER
Rapidly launch new products with automated underwriting and mitigate risk through entity resolution & verification at scale
Traditionally, developing an UW system forced carriers to choose between the expense and complexity of a custom internal build or the inflexibility of an off-the-shelf point solution. Dependence on inflexible and disconnected legacy systems makes it extremely time-consuming for carriers to launch new products (often taking 18–24 months) and update existing ones.
Too often, underwriters must work across multiple disparate systems, which leads to high error rates, slow quote turnaround times, and a lack of visibility. Outdated underwriting solutions leave customers and brokers with a poor customer experience and detract from the underwriters’ core value: to identify, structure, price, and negotiate the best policies. Unqork’s P&C Product Launcher solution transforms and accelerates your underwriting process from intake to bind by combining a product manager, broker/customer portal, and underwriter workbench in one integrated platform.
Carriers no longer need to choose between long custom builds or quick-to-implement point solutions. Unqork’s flexible no-code architecture allows carriers to launch new products in as little as 12 weeks and digitize existing ones that address their exact needs. Data intake, third-party data integrations, and reflexive logic can be applied at scale to eliminate unnecessary data entry and streamline the customer journey. By leveraging Dun & Bradstreet’s entity validation integration, carriers can better understand their risk quotient and protect those they provide insurance for. Simplify and improve entity resolution with Dun & Bradstreet’s advanced master data management (MDM) matching capabilities via pre-mastered reference data — your single source of truth for any given business entity.
Accelerated product launches: Launch new products in as little as 12 weeks with streamlined product development, automated intake, and a built-in underwriter workstation
Increased underwriter capacity: Automate manual tasks and streamline the underwriting process to free up underwriters to focus on new business opportunities
Straightforward search: Leverage a company’s DUNS number to easily search for companies and return a host of relevant business information
Improved flexibility: Align your systems to fit your products and processes (not vice-versa)
Enhanced business agility: Allow business users to quickly iterate as feedback is received, rapidly improving the client experience
Reduced operational risk: Automate processes with built-in approval controls, while maintaining a comprehensive audit trail
Improved customer & agent satisfaction: Enhance client, agent/broker, and underwriter experiences through modern UI and self-service capabilities