Automated Underwriting
OneShield Dragon has an integrated underwriting engine that delivers straight-through processing, both fully automated and referral based (with intelligent decision support for high-touch processes).
Since the underwriting engine is an intrinsic part of the Dragon platform, all of our workflow functions can be seamlessly integrated with underwriting—whether the carrier prefers a rigid workflow, or one that involves collaboration between the insured, the producer, and the carrier.
Dragon supports all necessary underwriting capabilities:
- Automate underwriting to pre-qualify and eliminate incomplete or incompatible submissions.
- Straight-through processing and issuance where applicable
- Override automated underwriting assessments where desired
- Intelligently route risks specific to underwriters for review
- Accept and decline lines of business individually within a universal submission
- Grade submissions to reflect level of adherence to underwriting rules
- Execute request for third party data, store returned data and execute the appropriate outcome actions based on the data values