In today’s competitive marketplace, insurers and MGAs need a way to distribute their products quickly while maintaining full control of them, but proprietary systems oftentimes make it complex and costly to build and maintain products. Applied Riskhandler™ is a highly scalable SaaS platform that enables rapid insurance product innovation and underwriting controls for full-cycle rate, quote and bind. It’s integrated into Applied’s Home and CV applications for new business and accepts brokers completing MTA and renewal transactions directly within the Applied Riskhandler applications. Take advantage of this unique solution that offers low-cost and low-risk product build and implementation to help secure and retain profitable business.
Key Benefits
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Build and distribute new products with agility
Get new products to market quickly and generate revenue with dramatically reduced build times. Easier product change control ensures that your customers receive the most up-to-date products, helping you attract and retain customers.
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Control price and risk acceptance in real time
Benefit from a solution purpose-built for insurers, MGAs, cover holders and other delegated authority underwriters. The product offers a real-time rating, risk acceptance, documentation, and endorsement library that incorporates broker configuration.
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Enforce delegated authority rules and evidence of process
Win and keep insurers' confidence with direct, self-service control of pricing and risk selection. Applied Riskhandler is an efficient and powerful referral solution for onboarding non-standard business.
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Implement a cloud-based solution for product delivery
Distribute Home and CV products via the broker channel (extranet and broker system integration) with self-service capabilities.
Ready to Learn More?
Applied is ready to help you learn more about leveraging advanced insurance software and solutions to build a better insurance business.