Insurance | Tiger Analytics

Do you face these challenges during the underwriting process?

Process Inefficiencies in UW Decisions

Extremely time-consuming and labor- intensive process to drive underwriting eligibility across complex evidence data sources.

Human Effort in Triaging Decisions

Absence of automated decision models to triage aspects like instant decisioning, risk assessment, smoker misrepresentation.

Inappropriate Risk Slotting

Extremely time-consuming and labor- intensive process to drive underwriting eligibility across complex evidence data sources.

High Costs of Medical Testing / Evidence

Ongoing need for evasive procedures, examiner reports, APS, and uncertainty around added value of medical screening

It’s time to reimagine life insurance underwriting for the decade ahead.

Tiger Analytics’ AI-powered accelerated underwriting solution is built to meet your unique requirements. It leverages external data, human-centric design thinking, a suite of AI/ML techniques, and scalable technology blueprints to enable automation in underwriting decisions. We also recommend the workflows that help integrate human and machine interaction along the entire life insurance underwriting lifecycle.

Accelerated Life Insurance Underwriting through AI and Machine Learning

Find out

A transformative approach to life insurance underwriting

Unlocking the true power of automation

Tiger Analytics’ underwriting solution automates information extraction and encoding from sources like application, MVR, MIB, Rx, APS. It also delivers a very effective decisioning system that integrates dynamic health questionnaire (based on pre-fill), decline models, fluid less data order optimizer, and rate class models.

Improve bind ratio and renewal rates by scaling automated and real-time UW decision-making

Reduced need for evidence data

Tiger Analytics’ underwriting solution reduces the need for evasive procedures like lab tests, examiner reports, as well as APS for eligibility determination leading to significant improvement in straight through processing (STP).

Gain cost savings by avoiding the unnecessary medical exams and APS

Human-centric design thinking

Tiger Analytics’ underwriting solution ensures personalized experience for agents and customers enabled through digital platform and workflows that effectively transform end to end application journey into a rewarding experience.

Improve centricity towards customer by delivering personalized experience

Standardization of business processes

Tiger Analytics’ accelerated UW solution enables standardization of underwriting processes to reduce Inter-rater variability and underwriting wear offs.

Bring efficiencies by standardizing your business processes.

White-box solution – no IP rights

Tiger Analytics’ accelerated UW solution is a white-box solution with no IP rights involved. We have developed the code base in such a way that it can be quickly tweaked to cater to any changes in the external data source formats and address the emerging business needs.

Level up your underwriting process without any license fees.