Streamlined Competitiveness

A streamlined, low-cost new business process that minimises time to policy issue is essential in the competitive life and disability insurance market place. Indutech and SelectX have joined forces to develop an assessment of how well a life insurer handles its new business.

Rapidly Deployed

Our New Business Healthcheck is a rapid, questionnaire-based approach that takes a view of the entire process from quotation to policy issue. It looks at performance from a number of perspectives, and the analysis phase quickly identifies not only problem areas but also the current strengths.
It covers, amongst other things:

• Data capture and administration
• Information requirements
• Not proceeded with
• Workflow
• Systems
• Customer interaction
• Distributor interaction
• Compliance
• Information management

What you get

The result is an insightful snapshot of what is, for insurers, a key process. It draws attention to what needs remedial action, and at the same time identifies the inherent strengths. It is a unique first step in creating an altogether fitter process combining optimal efficiency and effectiveness that benefits all stakeholders. And because we apply world-leading thinking in a highly efficient way, the healthcheck is very cost-effective. Can you afford to do without it?

Download:

New Business Process Health Check