Customizable straight through process leads to higher placement rates and better applicant experience

LENEXA, Kansas, October 4, 2010 – ExamOne, a leader in helping insurers meet their underwriting needs, announced today the introduction of Policy Express™, a customizable program that shortens the time between writing an insurance application and issuing the policy.  The innovative approach capitalizes upon ExamOne’s comprehensive suite of underwriting services, such as gathering lab results, collecting physician statements, and efficiently compiling information to make it more useful to insurers.

Policy Express utilizes seamless integration with e-application and e-signature providers like MARKETech to provide a fully automated, hands-off requirement acquisition process.  The technology-driven components within Policy Express enable insurers to easily tailor the process to fit unique workflow requirements.  Additionally, Policy Express enhances applicant experience by providing flexible choices that ultimately speed cycle time and decrease the number of applicant touches. 

“ExamOne has led the industry in developing innovative solutions that help insurers reduce cycle time, increase placement ratio, and improve the applicant experience,” said Troy Hartman, Executive Vice President, ExamOne.  “Early adopters of this model have experienced a 60% decrease in applicant touches, a 7% increase in placement rates, and a 97% increase in In-Good-Order applications.”  

To learn more about Policy Express contact your sales Regional Vice President.