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.
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Company Facts
Product Details
Product Details
AUSIS Categories and Features
Insurance Underwriting and Rating Software
Insurance Policy Software
Insurance Claims Management Software
Insurance Agency Software
Claims Processing Software
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AUSIS Customer Reviews
Write a Review-
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Awesome product for life & medical Underwriting
Date: Jun 27 2020SummaryIt was very good experience as it provides unified decision Platform for Underwriting for each and every customer.
PositiveInstant decision making, in-depth customer risk Profiling, predicted premium, scoring and analysis, policy issuance, behavioral profiling and early claims .
NegativeNo so cons for Ausis as such, it needs more learning further to improve.
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