Our client wanted to accelerate underwriting risk score generation with improved accuracy but lacked the kind of automated scoring engine to eliminate the manual risk assessment process. The existing underwriting process was also not integrated with Guidewire PolicyCenter, resulting in inefficiencies across business operations.
Challenge
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Our client wanted to accelerate underwriting risk score generation with improved accuracy but lacked the kind of automated scoring engine to eliminate the manual risk assessment process. The existing underwriting process was also not integrated with Guidewire PolicyCenter, resulting in inefficiencies across business operations.
The Difference Exavalu Delivered
- With a complete understanding of our client’s requirements, we developed APIs using MuleSoft to automate the underwriter risk assessment. The solution integrated Guidewire PolicyCenter and other sub-systems with cloud-based models, developed using Python and Experian integration. As part of the API-led architecture, a secure and reusable caching mechanism was implemented for cost reduction. The entire project resulted in improved straight-through processing and risk avoidance. With process optimization, our clients experienced a higher availability of the system, and the efficiency of business operations increased with an integrated dashboard.
Services Offered
- Advisory
- Implementation
- Assessment
Benefits
