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Overview
AUSIS utilizes artificial intelligence to automate and personalize underwriting processes for modern insurers seeking efficiency and accuracy. While the tool may take some time to learn, its core AI capabilities ensure more informed decisions and substantial operational savings. It is a powerful solution for mid-to-large-sized insurance enterprises and firms.
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Starting Price
Custom
AUSIS Specifications
- Smart Data Discovery
- Automation
- Predictive Capabilities
- Entity Extraction With Text Analytics
What Is AUSIS?
AUSIS software is an AI-based smart underwriting platform offering a full-stack integrated engine for life and health insurance providers. This system processes diverse data and documents to automate and accelerate risk assessment and decision-making for policy issuance. By utilizing features like automated risk assessment across more than 1200 parameters and real-time customer data capture, the software enables a high rate of straight-through processing. This capability benefits businesses by minimizing manual effort, drastically reducing the time required for policy decisions.
AUSIS Pricing
Disclaimer: The pricing has been sourced from third-party sources and is subject to change.
AUSIS Integrations
AUSIS integrates with the following tools and platforms:
- HubSpot CRM software
- Twilio software
- Stripe
- Google Cloud
- Experian software
- Razorpay
- Gong software
Who Is AUSIS For?
AUSIS is ideal for the following sectors and industries:
- Healthcare
- Government
- Insurance
- Fintech
Is AUSIS Right For You?
If your insurance enterprise requires a dramatic reduction in policy issuance time and a substantial enhancement in underwriting accuracy, then AUSIS offers a compelling solution. The platform's ability to deliver a policy decision in under 60 seconds makes it a standout choice. It specifically addresses the pain points of the life and health insurance niche, facilitating businesses with efficiency gains and cost reduction.
Still doubtful if the AUSIS software is the right fit? Connect with our customer support staff at (661) 384-7070 for further guidance.
AUSIS Features
Real-Time Data Capture
The platform has the capability to collect and analyze real-time customer data, including inputs from wearables, social media, and environmental sources, alongside historical records. This extensive data gathering allows for a more holistic and dynamic risk assessment, ensuring that the underwriting decision is based on the most comprehensive individual profile available.
Automated Verification
AUSIS is proficient in performing automated verification across all data points, including extraction from printed, medical, finance, and even handwritten documents. This automated process extends to signature verification and compliance reporting, which substantially minimizes the manual effort involved in policy processing and due diligence.
Automated Risk Assessment
The tool utilizes a comprehensive set of over 1200 parameters, encompassing financial, social, KYC, health, and behavioral data points. This multi-faceted analysis provides a deep, granular understanding of the risk associated with a prospective policyholder, supporting in rapid and accurate decision-making process.
Decision-Making
This feature helps organizations develop strong decision-making by deriving useful insights from a large volume of insurance policies and claims. This historical learning enables the system to provide accurate propensity to claims and better risk recommendations.
Underwriting Unification
AUSIS offers a unified underwriting platform that consolidates all related processes, including pricing, personalization, embedded distribution, and medical examinations. The unified approach simplifies complex workflows, ensuring a seamless, end-to-end user experience.
Pros And Cons of AUSIS
Pros
Instant decision-making saves a lot of time and resources for the users
In-depth customer risk profiling
Robust scoring and analysis features
Cons
Documentation gaps may hinder user workflows
Extensive capabilities may initially overwhelm users
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Frequently Asked Questions
Does AUSIS offer an API?
Yes, AUSIS does offer an API.
Does AUSIS have a mobile app?
Yes, AUSIS does offer a dedicated mobile app.
What other apps does AUSIS integrate with?
AUSIS integrates with HubSpot CRM software, Twilio software, Stripe, Google Cloud, Experian software, Razorpay, and Gong software
What types of AUSIS pricing plans are available?
AUSIS price starts at $10/user/month. Receive a personalized AUSIS cost estimate specific to your organization.
Who are the typical users of AUSIS?
AUSIS features support professionals in healthcare, government, insurance, and fintech industries.
What level of support does AUSIS offer?
AUSIS offers support via phone and email. Users can also fill out an online form to get in touch with the team.
What language does AUSIS support?
AUSIS supports the English language.