- Axelerated Solutions
Axelerated Solutions
A single platform manages all channels with accessibility via the web, kiosks or offline laptops. As an adaptive straight-through processing platform, it allows the business to continually change and innovate to keep pace with market dynamics.
Axelerator is a scalable, open standards software platform designed to handle the complexities of insurance processes such as quoting, underwriting and claims. The Axelerator Insurance Platform is pre-customised for the following insurance lines of business.
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Retail Life Insurance
Insurers that offer fast turnaround on quotes and policy approvals with attractive products are the ones intermediaries select to do business with.
Retail Life Insurance - delivering a superior service to advisers and agents.
Systems must provide advisers and agents with the tools they need to service their clients quickly and effectively. Advanced products which can be sold during client interactions enable them to compete more effectively by providing superior value in real-time.
With Axelerator, your business can offer the flexible products and level of service that advisers and agents are demanding to meet their clients' needs.
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Group Life Insurance
In today's competitive Group Life insurance market, using leading technology is essential for insurers to keep clients and secure new clients.
Group Life Insurance - the right technology means a competitive edge.
Systems must be responsive, flexible and easy to adapt to meet the complexities of modern wholesale insurance arising from the varying needs of each fund and its members, and the different fund types - superannuation funds, master trusts and corporate funds.
With Axelerator you can offer clients and their members the differentiated products and services they need.
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Direct Life Insurance
One of the keys to success in the growing Direct Life Insurance market is the ability for insurers to bring competitive products to market quickly.
Direct Life Insurance - adapting quickly to the market.
As well as speed to market, Insurers also need to deliver an easy to use, flexible client experience via a number of channels.
By creating responsive systems, Axelerator puts you at the forefront of the rapidly growing Direct Life Insurance market.
Adapt quickly to changing market conditions while optimising sales impact at customer touch points. The quick sale of competitive products across multiple channels is key, with agility providing sustainable competitive advantage.
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General Insurance
The ability to offer fast turnaround on quoting and underwriting and to provide superior products to brokers is becoming increasingly important for insurers.
General Insurance - competing for broker business.
Brokers expect products that meet their needs and enable them to offer their clients a fast, straightfoward service. Adapting to changing markets, integrating to broker systems and monitoring business performance is also essential to success.
Using Axelerator you can create flexible systems that deal with the complexities of the policy lifecycle, ensuring your business can offer the products and level of service that brokers and their clients demand.
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Bancassurance
Banks provide a great opportunity for insurers to access their significant customer base by leveraging trusted relationships to sell life and general insurance products.
Bancassurance - leveraging banking channels for greater customer access
Systems are needed to underscore deep relationships with banks, providing a platform which makes it easy for staff to provide bundled offerings and sell more insurance.
Axelerator enables you to combine insurance expertise with specialised products into an automated system to support the banking channel.
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Claims Management Tool
Drive business efficiency and improve service levels with rules-based automation of your claims process.
Axelerator's Claims Management Tool offers complete automation of the Claims process from the lodgement and assessment of claims, through payments and case strategy, to re-insurance recovery and general ledger entry.
Multiple clients and channels can all be managed from one system, with real-time monitoring so you know exactly how your business, staff and third party providers are performing.
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Quoting & Underwriting Tool
Make your business more competitive with end to end quoting through to underwriting automation.
With Axe’s Quoting and Underwriting Tool you can automate all stages of the quoting and underwriting process from pricing through to policy issue.
The full policy lifecycle can be processed including endorsements, cancellations, lapses and renewals. It allows you to orchestrate your entire underwriting process in one system.
The business updates the system directly through the Rules Studio, enabling quick changes to rates and underwriting rules without a resource-consuming IT process.
Using the insights gained from the real-time dashboards and standard reports, the business can optimise product definitions and channel mix quickly in response to market conditions.
