TCP LifeSystems

Underwriting

Unlike many others, the Copernicus SS/G expert Underwriting Module will integrate with any modern New Business processing solution. It has been designed to support multiple underwriting philosophies with a high degree of configurability to support any combination of deployment methods.

It supports reflexive questioning with questions aggregated across all benefits selected for a given life assured.

Questions can be flexed by benefit, adviser type and the life assured’s own specific attributes (gender, age, etc).

This module outputs data on automated ratings and exclusions to be applied, whilst allowing an adviser (if required) to construct his own set of revised terms at POS to best suit his client’s specific needs, provided always that they are within the constraints of the original underwriting decision. This includes the ability to Buy Now, support increased cover, offer alternative terms and/or additional benefits all within the prescribed underwriting limits.

This client facing functionality is also fully supported by an Underwriters’ workbench, which allows the head office underwriting function to monitor and control all underwriting operations and to become involved in specific cases as and when required. Using information already gathered, the workbench provides automated scripting capabilities to facilitate ‘little t’ tele-underwriting or the requesting of medical information as determined by the underwriting philosophy.

We also have a knowledge base of some 50,000 underwriting rules which we can supply if required. This knowledge base has been developed by ourselves in conjunction with SelectX, a leading Underwriting consultancy and aims at providing automated decisions for over 75% of cases.

The Underwriter’s workbench also provides rules configuration, a full testing and audit capability and management information.