Even the most experienced insurance underwriters must process immense amounts of information to effectively assess risk. The legacy actuarial systems that inform policy decisions are rigid, difficult to maintain, and lack the agility to turn around policies quickly and accurately. They increase the potential for adverse selection and hold you back from making confident, competitive decisions.Vizuri’s customizable, cloud-based AI solution, built on a proven framework, automates your decisions to reduce the load on your underwriters and provide the fast turnaround your customers want—all while controlling risk throughout the underwriting lifecycle. We centralize relevant customer data and apply your underwriting guidelines for confident, consistent, and competitive policy decisions. Those decisions that require the greatest level of nuance and insight are still escalated to experienced underwriters.
- Rules simulation arena
- Make sure you author the best rules for your business by testing them out in your powerful simulation arena. It takes the guesswork out of applying underwriting thresholds so you can feel confident in your decisions.
- Automated decision maker
- Our Automated Decision Maker applies your unique underwriting guidelines to an unlimited number of customer dimensions for consistent policy decisions every time. Choose the level of automation you feel comfortable with. We make manual intervention easy for the times you want to take the wheel.
- Underwriting rules authorship
- Easily author new rules and change existing rules with structured, intuitive UI interfaces available via any browser. The interface enhances both speed and functionality by enabling an iterative approach to your rules implementation.