Rating, Pricing, Underwriting Solutions

SMARTS™ Application for Insurance

Automated Underwriting Challenges

As part of their digital transformation initiatives, many insurance firms have invested in automated underwriting solutions to process applications faster, reduce operational costs, and deliver a better customer experience. However, many firms are finding that their approach to automation is too opaque, rigid, and cumbersome to manage.

This is why leading insurance firms are turning to SMARTS™ to transform their underwriting. SMARTS™ is a modern, enterprise-level, application-agnostic, decision-management platform that enables non-technical analysts and SMEs to easily automate, manage, and continuously improve business-critical decisions in daily operations, such as underwriting decisions, in a manner that is transparent, flexible, and scalable.


SMARTS™ Benefits:

  • Reduce redundancies and errors
  • Respond to regulatory and market changes faster
  • Leverage AI & machine learning in decision making

Future-Proof Underwriting with SMARTS™

Underwriting Solutions for Managing Complexity

Underwriting is complex, often with hundred of thousands if not millions of rules governing how a rate or price is calculated. SMARTS™ provides a host of tools and capabilities to empower business analysts, underwriters, product managers, and actuaries to take back control.

  • Rules Authoring:

    SMARTS™ enables business users to easily author, organize, test, and deploy underwriting logic, including rating tables and calculators without code. Rules can be reused, speeding up the process to launch new states/territories, products, and lines of business. In addition, we provide the tools that make it easy to migrate existing rules from legacy systems into SMARTS™. As a result, migration and validation of millions of rules can be completed in a matter of weeks. In addition, SMARTS™ makes it even easier to create pricing or rating engines by supporting multiple logic representations. Learn more about SMARTS™ Rules Authoring capabilities.

  • Low-Code, No-Code:

    SMARTS™ not only provides the tools to automate underwriting logic and workflows but also provides the tools to create visualizations and user interfaces to make it easier for non-technical business users to manage underwriting logic and workflows. Learn more about SMARTS™ Low-Code, No-Code capabilities.

  • AI & ModelOps:

    SMARTS™ enables business users to leverage both explicit rules and AI in underwriting logic. Import and customize predictive models, trigger machine learning tasks, test different strategies, and much more. Learn more about SMARTS™ AI & ModelOps capabilities.

  • Decision Analytics:

    SMARTS™ enables business users to monitor, measure, and continuously improve underwriting outcomes through customizable dashboards, simulations, and alerts. Learn more about SMARTS™ Decision Analytics capabilities.

  • Lifecycle Management:

    SMARTS™ enables business users to manage underwriting decisions throughout their entire lifecycle transparently and securely with SMARTS™. Learn more about SMARTS™ Lifecycle Management capabilities.


Enterprise-Level Underwriting Solutions

SMARTS™ modern architecture fits any ecosystem and provides everything you need to achieve high performance, security, and scalability. Learn more about SMARTS™ Technical Architecture.

Improve Business Outcomes with SMARTS™