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Average Ratings 0 Ratings
Description
                    Pega’s underwriting application aims to enhance the quality and consistency of underwriting for carriers while also lowering operational costs and seizing emerging market opportunities. By utilizing smart processes, the application allows carriers to scale operations efficiently, thereby boosting productivity and fostering better collaboration among underwriters. The solution enables the automation of underwriting tasks in line with established guidelines and effectively connects various functional areas through comprehensive case management, ensuring security and accountability. To maintain profitable growth, it is crucial for commercial lines carriers to have an underwriting framework that can swiftly adapt to market fluctuations and enhance operational outcomes. Pega's underwriting solutions are crafted to assist carriers in achieving these goals while also streamlining their existing capabilities and modernizing their technological infrastructure. With Pega, carriers can not only enhance their operational effectiveness but also position themselves to better meet future challenges in the insurance landscape.
                
            
        
            Description
                    Verisk stands out as a prominent provider of insights related to insurance risk. To effectively assist our clients, we leverage our extensive background in data management alongside our skills in predictive modeling. By analyzing data, we deliver information in user-friendly formats tailored to our customers' needs. Additionally, we create actionable tools that seamlessly fit into our clients' operational processes. Across the United States and internationally, our offerings empower customers to safeguard individuals, assets, and financial resources. Verisk functions through specialized divisions that deliver risk-assessment services and decision-making analytics to experts in various sectors of the insurance industry, enhancing their capabilities and decision-making processes. Our commitment to innovation and client success drives us to continually refine our products and services.
                
            
        
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                Vendor Details
Company Name
Pegasystems
Founded
1983
Country
United States
Website
www.pega.com/insights/resources/pega-underwriting-insurance
Vendor Details
Company Name
Verisk Analytics
Country
United States
Website
www.verisk.com/insurance/visualize/tag/prometrix/
Product Features
Commercial Insurance
                                        Billing & Invoicing
                                        
                                    
                                    
                                    
                                        Broker / Agent Portal
                                        
                                    
                                    
                                    
                                        Claims Management
                                        
                                    
                                    
                                    
                                        Commission Management
                                        
                                    
                                    
                                    
                                        Customer Portal
                                        
                                    
                                    
                                    
                                        Document Management
                                        
                                    
                                    
                                    
                                        Insurance Rating
                                        
                                    
                                    
                                    
                                        Policy Management
                                        
                                    
                                    
                                    
                                        Quote Management
                                        
                                    
                                    
                                    
                                        Reinsurance Administration
                                        
                                    
                                    
                                    
                                        Risk Assessment
                                        
                                    
                                    
                                    
                                        Underwriting Management
                                        
                                    
                            
                        Product Features
Commercial Insurance
                                        Billing & Invoicing
                                        
                                    
                                    
                                    
                                        Broker / Agent Portal
                                        
                                    
                                    
                                    
                                        Claims Management
                                        
                                    
                                    
                                    
                                        Commission Management
                                        
                                    
                                    
                                    
                                        Customer Portal
                                        
                                    
                                    
                                    
                                        Document Management
                                        
                                    
                                    
                                    
                                        Insurance Rating
                                        
                                    
                                    
                                    
                                        Policy Management
                                        
                                    
                                    
                                    
                                        Quote Management
                                        
                                    
                                    
                                    
                                        Reinsurance Administration
                                        
                                    
                                    
                                    
                                        Risk Assessment
                                        
                                    
                                    
                                    
                                        Underwriting Management
                                        
                                    
                            
                        