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Digital Platform for New Business in Group Life Insurance

Transform the management of Group Life Insurance today and prepare for a promising future

The Digital Platform for New Business in Group Life Insurance from Ebix represents a significant advancement in the insurance industry, providing a complete and integrated solution that meets the demands of the modern market.

With this tool, Ebix reaffirms its commitment to innovation and excellence, positioning itself as the ideal partner for insurers seeking to optimize their operations and offer the best service to their business partners.

The Platform is unique in the market, decentralizing the process for contracting, implementation, and billing of Group Life Insurance contracts. Through automation, the solution ensures flexibility, agility, and security in all processes and stakeholders involved, such as brokers, clients, branches, commercial departments, and insurers’ technical areas.

Benefits for Insurers

  • Operational Efficiency with a significant reduction in the time and resources required to commercialize Group Life Insurance.
  • Improved Customer Experience with faster and simplified processes, enhancing the journey of brokers, clients, and insurers.
  • Compliance and Security ensuring that all processes are in accordance with regulatory standards, providing a secure environment for managing sensitive data.
  • Flexibility and Agility adapting to the specific needs of each client, allowing quick and efficient adjustments according to market demands.

Key Features

  • Complete and robust parameterization of traditional life insurance products, global, SME (Small and Medium Enterprises), personal accidents, among others.
  • Configuration of underwriting policies allowing acceptance or decline of quotations, as well as routing for underwriting and analysis by the technical team.
  • The platform enables the capture of all technical and commercial information required for contracting in a fast and accurate way.
  • Contracting workflow covering all stages of the process, from application and proposal to the final implementation of contracts.
  • Online validation of life files for policy implementation, with rules and datasets used for quotation and proposal.
  • Facilitates the generation and management of all documentation required for contract implementation.
  • Integrated workflow to manage approvals and rejections, with defined levels of authority to ensure compliance and agility.
  • Complete electronic billing process for monthly invoices, with validation of the dataset, generation of billing according to contracted rules, and issuance of invoice documents, certificates, and life listings.

The Digital Platform for New Business in Group Life Insurance from Ebix is not just a technological solution; it is a catalyst for digital transformation. Join Ebix and discover how our platform can revolutionize your business, taking it to new levels of success and excellence.

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