Modern customers seek easy, quick, and hassle-free insurance experiences. Yet, the underwriting process is bogged down by manual data analysis and cumbersome exchanges between underwriters, brokers, and customers. A BCG report reveals underwriters spend up to 35% of their time on non-value-adding activities that could simply be automated. Insurers must ask, ‘Why?’

What we offer

Eviden’s ‘Frictionless Underwriting’ uses AI, NLP, and automation to streamline underwriting and boost productivity. Key features:

  • Automate application review with NLP.
  • Enhance risk assessment with AI and additional data.
  • Use ML for pricing based on regulations and benchmarks.
  • Speed up quoting and binding with straight-through processing.
  • Provide real-time quotes for brokers.

Quick, competitive quoting is essential for success.

Key benefits

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Improved underwriter efficiency
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Lesser manual effort
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Enhanced customer experience 

Related resources

Eviden & Pega - On demand webinar Webinar

Eviden & Pega - On demand webinar

Join insurance experts from Eviden and Pega on our webinar!

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Frictionless Underwriting: Moving from Art to Science Brochure

Frictionless Underwriting: Moving from Art to Science

Changing buyer demographics and technological advances are now driving a shift to direct channels in the commercial market

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