Underwriting Services
Sharpen Your Competitive Edge with Agile Underwriting Services
Insurers can’t afford to cut corners on underwriting. Your company’s long-term health and profitability are on the line, so you need to make sure you’re dedicating the resources required. You might not be able to do that in house, especially if you’re trying to maintain a lean and agile business. That’s where insurance underwriting services come in.
Secure the Underwriting Support You Need
Don’t let underwriting tasks fall through the cracks. Give the underwriting process the attention it requires by bolstering your team with our support services. It’s never been easier to grow your company while maintaining quality control.
We can:
- Review new business applications for missing information and signatures
- Validate proof of prior insurance
- Review inspections, photos, signatures and other documentation to verify the submission meets underwriting requirements
- Review renewals before sending out renewal offers
- Pursue additional information needed to issue the policy or reject it
- Send required notifications to maintain compliance
- Perform book rolls on acquired business that can’t be performed with automation
- Answer inbound calls for policy cancellations or address changes
- Manage policy issuance and correspondence
Seize More Opportunities
Timing is everything. If you identify an opportunity for growth, you want to seize it immediately – before your competitors beat you to the punch and crowd you out of the market.
We can help you:
- Enter new markets and regions
- Maintain compliance with state regulations
- Free your underwriters to focus on risk selection and pricing instead of busywork
Support You Can Count On
As older workers retire, many insurers are struggling to maintain an internal staff with the experience needed to carry out underwriting functions. With our services, you access a pool of workers who are available when you need them. Whether you’re a new insurance startup or an established carrier looking to grow and expand, you can count on our underwriting services.
When you partner with us, you receive:
- A long-term partner that will support your growth
- Motivated workers who act as an extension of your team
- Nearshoring services for all the benefits of offshoring while keeping call centers close to home to facilitate training and oversight
FAQ
Which lines do you support?
We can support personal and commercial property and casualty insurance underwriting.
What is nearshoring?
Nearshore outsourcing, or nearshoring, is a type of offshoring. The key difference is the traditional offshoring typically operates in distant countries, and this can make it difficult for companies to maintain quality control and oversight. Nearshore outsourcing sticks to countries in your region. Nearshore outsourcing sites are easier to access, which supports better quality control while still provide cost savings and a larger talent pool to draw on.
Are your representatives licensed in insurance?
No, our representatives do not have their insurance licenses. We focus on providing support services that do not require licensing.
What if my needs change?
We strive to be your long-term partner, but we expect for your needs to change over time, and we can adapt with you. We don’t lock you into long-term contracts that make it cost prohibitive to change the size of your workforce.