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What is AUSIS?

AUSIS – Comprehensive Behavioral Underwriting AUSIS equips insurance providers with the ability to perform in-depth underwriting, scoring, and decision-making almost instantaneously. By implementing AUSIS, companies can significantly lower their expenses, time requirements, risk exposure, and instances of fraud, all while enhancing efficiency and decision-making through innovative alternative scoring techniques and added functionalities. Additionally, AUSIS improves the straight-through processing (STP) rate as compared to non-straight-through processing (NSTP) and facilitates non-invasive health data gathering from a multitude of sources, including air quality indexes (AQI), geographic locations, mortality rates, social determinants, multimedia content, health monitoring devices, weather patterns, sanitation conditions, and beyond. As a result of using AUSIS, insurance organizations may see up to a 40% reduction in costs tied to policy issuance. This groundbreaking solution not only optimizes the underwriting workflow but also offers critical insights that can enhance risk assessment and management strategies. The integration of such comprehensive data enhances the overall effectiveness of the insurance process.

What is ALIP?

A powerful SaaS solution that offers a substantial competitive edge in the market is designed to facilitate the rapid launch of tailored products while improving issuance and service processes and streamlining business workflows. By embracing a digital-first mentality, it redefines the way you interact and engage with your customers, producers, and agents throughout the entire policy lifecycle. The Accenture Life Insurance & Annuity Platform (ALIP) has proven effective in helping organizations adjust to the agility and speed demanded by today's economy. Positioned at the cutting edge of this transformation, we utilize our innovation, research and development, cloud capabilities, and ongoing investments to support carriers like you in achieving digital transformation and operational excellence. This, in turn, enables you to attract and retain a more satisfied customer base with greater profitability. With ALIP, you receive one of the most sophisticated, fully customizable, and feature-rich solutions available, tailored to address the changing requirements of the industry. Not only does this platform enhance your operational efficiency, but it also equips your organization for long-term growth in a constantly shifting marketplace, making it an indispensable asset for future success.

Media

Media

Integrations Supported

AGO Insurance Software
Ensemble Suite
Google Cloud Platform
IBM Watson Machine Learning Accelerator
Microsoft Azure
PolicyStat

Integrations Supported

AWS GovCloud
AWS IoT SiteWise
Arbortext
CipherTrust Data Security Platform
Dataguise
Digimarc Discover
HPE Consumption Analytics
PTC Implementer
PTC MOVE
Quantify
ServiceNow IT Operations Management
Servigistics
iSecurity Audit

API Availability

API Availability

Pricing Information

$10/month/user
Pricing is available as on-premise & cloud as subscription & licensing.
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Windows
On-Prem
Linux

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub

Company Facts

Organization Name

Artivatic.ai

Date Founded

2017

Company Location

India

Company Website

artivatic.ai/products/ausis

Company Facts

Organization Name

Accenture

Date Founded

2001

Company Location

United States

Company Website

www.accenture.com/us-en/services/insurance/software-life-annuity-platform-overview

Categories and Features

AI Insurance

Not specified

Claims Processing

Case Management
Claim Resolution Tracking
Co-Pay & Deductible Tracking
Customer Management
Electronic Claims
Forms Management
Paper-Based Claims
Payor Management
Policy Administration

Health Insurance

Not specified

Insurance Agency Management

Claims Management
Document Management
Insurance Rating
Life & Health
Policy Management
Property & Casualty
Quote Management

Insurance Claims Management

CRM
Claims tracking
Customer portal
Document management
EDI data exchange integrations
Electronic claims
Fraud management
Reporting

Insurance Policy

Cancellation Tracking
Claims Tracking
Policy Generation
Policy Issuance
Policy Processing
Quotes / Estimates
Rating Engine
Reinstatement Tracking
Reinsurance Administration
Renewal Management
Underwriting Management

Insurance Underwriting and Rating

Broker / Agent Portal
Carrier Upload
Commercial Lines
Comparative Insurance Rating
Customer Portal
For Health / Medical Insurance
For Life Insurance
For Personal Insurance
Multi-State
Multiple Line Rating

Life Insurance

Not specified

Categories and Features

Insurance Policy

Policy Issuance
Policy Processing
Quotes / Estimates
Rating Engine
Underwriting Management

Life Insurance

Not specified

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