Agenium Recognized as Leader in Underwriting Solutions Innovation
Agenium Earns Luminary Recognition in Insurance Technology
Agenium has achieved a prestigious position in the insurance technology landscape, being recognized as a Luminary by Celent. This acknowledgment celebrates Agenium's innovative new business and underwriting platform tailored for the Life, Health, and Annuity sectors.
Outstanding Performance in Underwriting Systems
In a thorough evaluation of 20 leading solution providers in North America, Agenium was distinguished with two Celent XCelent awards. These accolades affirm its strong performance in Advanced Technology and Breadth of Functionality, reflecting the company’s commitment to delivering superior solutions to its clients.
Notable Features of Agenium's Platform
The platform is built on modern SaaS technology, emphasizing its no-code configurability. This allows clients to customize workflows easily and supports headless applications alongside a robust underwriting and case management workbench. With over 30 clients leveraging these capabilities today, Agenium is paving the way for the future of insurance.
Supporting Underwriting Advancement
Michael Risley, CEO of Agenium, points out a significant shift in underwriting. As insurers increasingly make decisions at the point-of-sale, the platform's advanced features help carriers and reinsurers enhance their processes. This transformation is vital for industry players seeking agility in developing new digital processes utilizing crucial third-party data.
Accelerating Time-to-Market
Agenium’s fully integrated platform features an underwriting decision engine and advanced workflow tools that significantly shorten the time to market for new insurance products. By incorporating pre-built integrations with key data providers, Agenium boosts automation, minimizes manual processes, and ensures a faster issue resolution.
About Agenium: Driving Digital Innovation
Agenium is at the forefront of revolutionizing the underwriting experience through its no-code platform technology. The company's solutions are designed to accelerate digital transformation in Life, Health, and Annuity sectors, delivering a secure and scalable architecture.
By integrating with legacy systems and collaborating with a wide array of third-party data sources, Agenium empowers its clients to leverage dynamic rules and predictive analytics. This enables faster auto-decisioning, reduced manual process involvement, and quicker times to issue—enhancing overall profitability for insurers.
Frequently Asked Questions
What is Agenium recognized for by Celent?
Agenium is recognized as a Luminary for its advanced new business and underwriting systems.
What awards did Agenium receive from Celent?
The company received two Celent XCelent awards for Advanced Technology and Breadth of Functionality.
How does Agenium enhance underwriting processes?
Agenium enhances underwriting by providing a modern platform that supports rapid development and integration with third-party data.
What is the primary technology behind Agenium's solutions?
Agenium’s solutions are based on SaaS technology, featuring a no-code configurability that allows easy customization.
Who is the CEO of Agenium?
The CEO of Agenium is Michael Risley, who discusses the platform's transformative impact on underwriting.
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