Customer-Centric Policy Administration
V3 enables flexible, efficient, customer-centric policy administration across a broad array of product lines. Configurable underwriting, life-event and enrollment rules streamline certificate issuance, policy maintenance and re-enrollment processing. Template based correspondence enables presentation perfect contract and policy holder communications. Advanced versioning capabilities support 360 degree policy views. V3’s policy rules-engine automates standard processing while V3 Workflow orchestrates exception processing and other manual tasks.
V3 Product Builder allows for the configuration of highly tailored products with advanced support for state-level variations. Rules definition spans base product configuration, riders, underwriting, issuance, life events, rate tables, premium calculations, benefits structure and more. Product-cloning and versioning speed product maintenance and the creation of modified or new product offerings. V3 supports a variety of product chassis and administration models.