Underwriting/Software Solutions

Around the world, the life insurance industry is rapidly changing. Frequent and continual changes in how the industry performs some of its unique functions like underwriting are being fueled by many factors, such as: a declining number of underwriters in the profession; the demand by consumers for speed among financial services companies; the increasing pressure on companies’ margins; the trend towards the outsourcing of many company activities; and the increasing use of technology to address these issues.

RGA has responded by offering software solutions that enable its clients to:

• Electronically underwrite a large percentage of their business
• Focus their underwriters on the more complicated insurance applications
• Ensure that all underwriting decisions are being made consistently
• Drive down underwriting costs
• Deliver underwriting through call centers or tele-underwriting operations
• Deliver underwriting in the same way across a client's expanding distribution channels
• Deliver underwriting at the point of sale – whether it be via an Internet website, a back lobby, or an agent's desktop
• Ensure that a client’s leap into electronic underwriting works the very first time, by benefiting from RGA's experience

One approach to enhance clients’ business processes and profitability is thorough RGA’s E-Underwriting Solutions — software and services built on RGA’s knowledge and expertise in the life insurance industry. Click here for more information on AURA, RGA’s flagship automated underwriting product. To discuss RGA’s product offerings, as well as other available software solutions, contact your local RGA office.