Rate, Quote, Bind Product Accelerator

Rapidly launch new products that will help your enterprise reduce processing times, cost, and administrative load by fully digitizing the customer lifecycle from quote request to proposal generation.

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Hanover
Liberty Mutual
Vault
Principal
Nationwide

Unqork’s Rate, Quote, Bind Product Accelerator seamlessly integrates with existing core systems and can empower agents/brokers and carriers to effectively manage customer onboarding while reducing costs with fully automated rate, quote, bind, and issue processes— all without writing a single line of code.

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Faster product launches

Launch new products in 8-to-12 weeks with streamlined application, automated decisioning and customer onboarding processes

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Improved customer satisfaction

Enhance client, agent/broker, and carrier experiences through modern UI and self-service capabilities

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Increased sales

Accelerate speed to market and improve processing time resulting in higher sales potential

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"...a minimum of three times faster and three times less expensive [than traditional methods]."

James McGlennon, CIO

Additional Capabilities

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Straight-Through Processing

Automated validations rules, eligibility checks, knockout questions, and financial systems integrations to process straight-thru fulfillment

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Digital Front Door

Modern, mobile responsive digital portals with persona based access and capabilities for customers, agents and carrier

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Customer Self-Service

Self-manage claims, payments, and service transactions and track progress with alerts, notifications and electronic communication across customers, agents, and carrier

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Seamless Integrations with Core Systems

Platform to integrate with carriers’ core systems to fully digitize the process from quote request to proposal generation and fulfillment

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Transparency and Accountability

Workflow to manage the entire process with insights to progress, ownership with automated routing, alerts, and notifications

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Calculations & Logic

Incorporate bespoke business logic to avoid offline spreadsheets and manual analysis; streamline the application process with reflexive questions.

CUSTOMER STORY

Rapid product launch for a top-5 personal lines carrier

A top-5 personal lines carrier was looking to launch a direct-to consumer usage based auto insurance product. They leveraged Unqork’s rapid no-code development capabilities to launch the product with consumer and UW portals, mobile responsive UX, rating, ePay, eSign and full digital issuance lifecycle. The client leveraged the no-code approach to rapidly incorporate consumer and market feedback as well as feedback from regulatory state organizations filings.

Unqork’s Digital Rate Quote Bind solution was integrated into the launch to enable the straight-through processing critical to direct-to-consumer applications.

• Speed to market in 12 weeks from ideation to
production with 80% less resources

• Accelerated agility with business and
regulatory changes across 50 states
incorporated in hours vs. days and weeks

• Reduced costs by 70% across time to market,
ongoing maintenance, and infrastructure

Contact us to learn more

Request a Demo