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Automated Underwriting Systems

To leverage our underwriters’ and reinsurance specialists’ deep knowledge base for your business, Hannover Life Re has developed a business acquisition/underwriting technology platform: Merica-USTM. This user-friendly, web-based point-of-sale platform offers significant issuance and underwriting expense savings.  Merica-USTM is designed to meet the demands of the small, niche and large direct insurance carriers.

Features

  • Seamlessly integrates with any front-end system
  • Automated real-time aggregation and analysis of third party data (RX profiles, MIB, MVR)
  • Integrated e-Signature technology
  • Supports multiple products and languages
  • Real-time UW overrides and decision capability
  • ACORD and HIPPA compliant
  • Electronic audit capability
  • Customized to your company’s products, forms and distribution requirements

Advantages

  • Ability to add business at nearly fully underwritten rates
  • Speed-to-issue dramatically reduces not-taken rates
  • Strengthens distribution channel efficiencies
  • Delivers cost-effective access to middle-market prospects
  • Provides new distribution channels for medically underwritten products
  • Applies to all types of individually underwritten insurance including life, AD&D and critical illness

Click here to contact a Hannover Life Re Expert on Merica-USTM.