Give your customers a better experience and boost your operational speed by integrating your insurance application and issuance process and our innovative solutions.
Simplify the collection of application documents for quick and efficient processing with help from Adlib. This will significantly reduce your team’s manual effort in gathering and organizing application documents, streamlining the initial stages of the policy issuance process. The result: faster progression to the evaluation and decision-making phases.
Our platform standardizes application documents for consistent processing and review by converting all application documents to a uniform format. This means insurers can simplify the review process, reduce processing times, and ensure that applications are evaluated consistently, boosting overall efficiency and fairness of the policy issuance process.
Our advanced technology extracts essential information from applications to streamline the issuance process. This means your organization ca quickly identify key applicant information and relevant policy details, resulting in faster and more accurate application assessments and more efficient and timely policy issuance.
Adlib organizes application documents efficiently, preparing them or processing and decision-making to ensure that all necessary information is readily accessible for underwriting and decision-making. All in an effort to minimize delays and improve the speed and accuracy of your policy evaluations.
All application documents meet industry and regulatory standards, reducing your risk of delays or issues in policy issuance. By verifying compliance at the outset, you can minimize the likelihood of encountering regulatory hurdles, or needing to request additional information from applicants. This makes for a smoother and faster policy issuance process.
Prepare and deliver application documentation for efficient policy issuance to vastly improve your customer experience. Our platform helps ensure that once an application is approved, the policy documentation is quickly finalized and delivered to the customer, minimizing wait times and boosting your company’s overall customer experience.
Adlib works across your entire organization’s disparate data sources to read and distill all your critical documentation, from any source. It then automatically converts it all into machine-readable and compliant documents of record, and finally, deposits those standardized documents into a central database in submission- and archive-ready formats.
Use these expert insights in your evaluation of document rendering platforms to uncover the complexities of document conversion and determine the key capabilities your ultimate choice must have.
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Adlib Software helps organizations meet compliance and governance requirements by implementing a set of business rules upon ingesting documents across several formats to deliver a “document of record”. These business rules define the creation of a custom header-footer, watermarks and the auto-generation of a table of contents, besides combining multiple formats into a single readable-searchable PDF. The result is an audit ready document that meets compliance and governance requirements. In addition, Adlib Software’s Transform Platform also implements document security and archival features when rendering documents of record to be in compliance with such policies resident within an organization. Finally, it also provides audit trails and reporting capabilities to help organizations track and monitor document activity.
Adlib Software is ideal for industries that generate large volumes of unstructured data that has to be managed to mitigate compliance, operational, audit and regulatory risks. Major industries use that to leverage our capabilities are as follows:
In addition, Adlib Software is also useful for any organization that needs to manage and analyze large amounts of data in various formats.