Insurers need technologies to capture underwriting processes and automate decisions on "clean" cases, thereby freeing up underwriters for complex cases. Mastek's New Business & Underwriting solution provides insurers with a powerful tool for processing all new business transactions from electronic application to the issue of automated policy.

• Facilitates data capture manually or through interface with a third party Portal
• Policy generation and dispatch monitoring
• Application entry and tracking mechanism
• Anti-money laundering procedure
• Document tracking feature

• It effectively processes new business applications
• It allows flexibility in integrating newer business rules easily and quickly in proposal processing
• It reduces risk by improving underwriting decision quality and increasing underwriting efficiencies