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Andesa’s New Business Processing portal is designed to increase efficiency, ensure data accuracy, and accelerate life insurance application submissions and group enrollments. The web-based enrollment solution can be used for any ownership paradigm or underwriting scenario, including full medical applications.
New Business Processing portal dramatically decreases costs and the need for excessive manual processes compared to traditional paper applications, which provides a head start in the underwriting process and on MIB and labs requirements. With its rules-based engine, the enrollment solution can handle both individually owned or corporate-owned policies requiring 101j consent forms.
The New Business Processing portal creates new efficiencies and reduces processing time with automatic in-good-order data feed submissions, modern e-signature capabilities, and full integration with Andesa’s flexible suite of solutions. Using intelligent, rules-based forms, carriers will consistently receive complete, in-good-order electronic new business data—regardless of the number or complexity of applications.