Munich Re automation arm to ship options for American Household Life

Munich Re Automation Options has introduced that American Household Life Insurance coverage Firm is adopting its cloud-based automated underwriting and analytics answer, ALLFINANZ NOVA.

This software program as a service (SaaS) platform is engineered to streamline and expedite life insurance coverage software and underwriting procedures whereas bettering total client expertise.

Grant Andrew, vp of buyer success at Munich Re Automation Options North America, expressed enthusiasm in regards to the collaboration.

“We assist our purchasers differentiate out there by way of confirmed, class-leading options targeted on enhancing the end-consumer expertise of insurance coverage,” Andrew mentioned. “Our SaaS options are future-ready making certain our purchasers sustained aggressive benefit by way of regularly evolving new options and capabilities to shortly reap the advantages from the explosion of knowledge.”

“We imagine we provide essentially the most compelling, confirmed and future-ready answer out there, and we’re delighted to be working with American Household Life Insurance coverage Firm,” Andrew mentioned.

Todd Fancher, president of American Household Life Insurance coverage Firm, additionally highlighted the corporate’s dedication to technological development.

“We’re all the time evolving our expertise to help our progressive merchandise and supply the very best customer support attainable. We’re dedicated to repeatedly researching essentially the most up-to-date expertise to make sure we’re on the forefront of the most recent innovation,” Fancher mentioned.

Munich Re Automation Options can be actively increasing its presence in North America, underscored by current agreements and the addition of latest personnel throughout numerous key positions, together with senior management, account administration, mission administration, answer structure, and customer support roles.

The enlargement, the agency mentioned, displays its dedication to the area and its mission to make sure complete and accessible life insurance coverage options for all clients.

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