insurance

Insurance

Meet digital disruption head on

Insurers are facing turbulent times, driven by digital industry disruption. Your customers’ expectations and habits are changing, the industry is consolidating and your competition is adapting.

Making decisions represents the bulk of the tasks in core insurance processes like policy underwriting and claims processing.

Most of those decisions are made manually or programmed into apps. Creating or modifying rules to adapt to changing business imperatives can take weeks, putting a big drag on business performance.

Key Benefits of Corticon
in Insurance

Progress ® Corticon ® Business Rules Management System makes it easy for subject matter experts to participate alongside IT specialists in business projects, and supports productive and safe collaboration between different groups across the enterprise.

  • Automate and adapt to business imperatives

    Monitor business outcomes over time and quickly optimize underwriting rules where business performance needs to be improved. Automate and manage change in product eligibility rules.

  • Manage high volume and ensure accuracy

    Increase decision consistency and accuracy across a high volume of transactions for routine tasks like policy underwriting and claims processing, independently of their applications.

  • Reduce costs and improve customer satisfaction

    Removing unnecessary manual steps in processes with recurring decisions can speed those processes, reduce costs and increase customer satisfaction.

Manual routine decision-making drags down business performance

Empower your team to automate and speed routine tasks with Corticon

healthcare

SUCCESS STORY

Cigna built a new holistic enterprise claim intake system using Progress Corticon

Find out how Cigna increased the accuracy and timeliness of claim intake routing; reduced maintenance and support; increased agility to respond to business and regulatory change.

read the story

More Success Stories

unum-min
Corticon measurably reduces time-to-market for new products and business rules changes.
Read the story
adobe-min
Adobe Increases Alignment and Agility of Global Sales Team with Corticon
Read the story
ebay-min
eBay Develops Risk Management System with Progress Corticon
Read the story

Related resources

Overview

Corticon in Insurance

Learn how Corticon BRMS is the catalyst for agile operational decision making in core insurance business processes.

blog

Stand Out from the Insurance Crowd by Proving Value

A business rules engine is a sure-fire way for insurers to forge new markets, enhance the ones they already have, increase profitability and contain costs to sustain growth.

INFOGRAPHIC

Agile Insurance Overview

Learn how insurance organizations optimize decision-making across the enterprise in these areas: Underwriting, Risk Assessment, Time to Claim Settlement, Time to Quote,Time to Market for New Products

insurance-patch

Take charge of digital disruption

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