Appian and Swiss Re Extend Partnership to Introduce Connected Underwriting
Integrated with Swiss Re's automated life insurance underwriting solution, Magnum, the Appian Connected Underwriting Life Workbench improves operational efficiency and customer experience on one system.
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Appian announced the launch of Appian Connected Underwriting Life Workbench, in the EMEA countries, in partnership with Swiss Re.
Integrated with Swiss Re’s automated life insurance underwriting solution, Magnum, the Appian Connected Underwriting Life Workbench accelerates the life insurance underwriting process and improves underwriters’ productivity and experience on one system.
Jacob Sloan, Industry Vice President, Global Insurance, Appian, said, “Underwriters often find themselves juggling information scattered across email inboxes, outdated systems, and lengthy documents. This is especially true for life underwriters, for whom administrative burden can significantly slow down their ability to accurately assess risk in a timely manner.”
“That’s why Appian has partnered with Swiss Re Reinsurance Solutions to introduce Connected Underwriting Life Workbench to improve operational efficiency and the underwriter and customer experience for life insurers. This solution is especially helpful for insurance companies that want to streamline underwriting processes with risk management and policy consistency across multiple markets while allowing flexible and agile adaptation to local regulations,” Jacob added.
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“Integrating Swiss Re Reinsurance Solution’s Magnum and Appian Connected Underwriting enables insurers to experience an intelligent and comprehensive underwriting automation and workload management platform,” according to Dylan Rowe, Head of Global Life and Health Automated Solutions, Swiss Re. “After a successful launch in North America last autumn, we are excited to make this life insurance solution available in selected countries of APAC and Europe this year so that even more customers who want to improve the efficiency and quality of underwriting with innovative technology can benefit from it.”
One key benefit of Appian Connected Underwriting is simplified communications, which increase client satisfaction, attract digital‑first customers and new talent, and retain employees.
