Automate New Business & Enrollment Processes with IPD Solutions
The quality of new business / enrollment processing is an important aspect that can differentiate Insurance Carriers from their competitors. Because customers often accept the first offer of coverage presented, speed is critical in bringing acquiring new business. However, manual tasks and paper-based work can complicate differentiation and, in some instances, may even prevent it. This results can costs businesses their bottom line, and potential new business.
By adding an integrated set of new capabilities, IPD's New Business & Enrollment Solutions...
- Speed up cycle times
- Streamline work processes
- Eliminate manual and paper-based transactions
- Consolidate all decision-making tasks, information, rules and history
- Distribute work and exceptions to the right staff, providing a collaborative workbench
- Track requirements to ensure underwriting decisions are fully informed
- Promote quality and consistency with integrated rules
- Leverage the power of low-code development, artificial intelligence, and business process management capabilities
- Increase revenue, speed, agility, and productivity
- Reduce operational costs, and complexity
- Differentiate client operations from their competitors