Underwriting DRIASI provides underwriting services that shorten the length of time required to approve and issue life insurance policies.
For simplified issue products, DRIASI provides jet underwriting services, utilizing imaging technology to apply underwriting rules to each application. This technology provides approval or declination, as well as providing automated processing of incomplete applications. DRIASI uses personalized customer notification, requesting the missing information. A follow up letter is sent to ensure even greater response rates.
For those applications that are underwritten by the carrier, DRIASI uses electronic transmission to speed up the approval and declination of fully underwritten products and to achieve timely fulfillment and policy issuance. Our experience reveals that some carriers have a strong preference for conducting their own underwriting because of the risk involved. We work closely with carriers to move the underwriting process along efficiently, performing all functions according to their guidelines.
For those products requiring MIB processing, DRIASI's system transmits applicant information to respective carriers in MIB format, allowing a virtual pass through to MIB.
Every application is underwritten in accordance with specific guidelines set by each insurance company and processed within agreed-upon time standards.
If you have additional questions about this service, please see our FAQ or contact us for more details.
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