Riskclick, a leader in Business Process Management (BPM) solutions for the insurance industry, today announced the release of Riskclick Underwriting 1.0, a comprehensive, exception-based underwriting system for new business submissions, endorsements, and renewals across personal, commercial, and specialty lines of business. By automating the underwriting process, eliminating re-keying and improving resource utilization, Riskclick Underwriting enables organizations to dramatically decrease operational costs, increase underwriting profits, expand distribution and improve compliance efforts. “Straight-through processing, predictive modeling, risk segmentation, and product management are critical cornerstones of underwriting and necessary for conducting business today,” said Deborah Smallwood, vice president, TowerGroup Insurance Practice…..
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