3 min read

Unqork’s Underwriting Workbench

Rapidly launch new products and evaluate risk at scale by automating the underwriting process from intake to bind—all via a single, integrated codeless platform.

 

Introduction

Traditionally, carriers developing an underwriting (UW) system have been forced to choose between the expense and complexity of a custom internal build or the inflexibility of an off-the-shelf point solution. 

With Unqork’s RQB and Underwriting Workbench, you no longer need to choose. Launch sophisticated, customized products using Unqork’s enterprise zero code development platform, from intake to bind, in as few as 12 weeks—all without writing any new code.

“Unqork allows us to rapidly develop and integrate new technology in-house and deliver it globally. Not only has it allowed us to improve productivity, but also time-to-market.” 

— Shekar Pannala, Global CIO and Co-Leader, Technology, Chubb

 

About Unqork’s Underwriting Workbench

Unqork’s Enterprise Development Platform is a new open standard that empowers organizations to build complex software without writing, managing, or seeing a line of code. Its frees organizations from the cost & complexity of managing software, so they can focus entirely on building business value. Developing on the Unqork platform is: 

  • Unified. Everything you need on a single platform, including front-end, workflow, databases, analytics, integrations, legacy transformations, management, maintenance, and more 
  • Visual application. Drag-and-drop interfaces for even the most complex operations, plus spreadsheet-like calculations, visual data transformations, and industry-specific templates
  • Enterprise-grade. Single-tenant, cloud agnostic architecture with security, roles, and permissions that meet enterprise standards, including Soc 2 Type II and Privacy Shield. 

 

 

Key benefits 

  • Accelerated product launches: Launch new products in as few as 12 weeks with  streamlined product development, automated intake, and a completely configurable underwriter workbench. 
  • Increased underwriter capacity: Automate manual tasks and streamline the underwriting process, so underwriters can focus on new business opportunities. 
  • Improved flexibility: Align your systems to fit your products and processes (not vice-versa).  
  • Enhanced business agility: Allow business users to quickly iterate as feedback is received, rapidly improving the client experience. 
  • Reduced operational risk: Automate processes with built-in approval controls, while maintaining a comprehensive audit trail.
  • Improved customer & agent satisfaction: Enhance client, agent/broker, and underwriter experiences through modern UI and self-service capabilities.

“Unqork is enabling our clients to build complex, innovative enterprise applications at the speed of business — without a single line of code.”

— Harvinder Bhatia and Raj Konduru, Partners, KPMG

 

Success story

A top-20 P&C specialty carrier built a modern intake-to-bind process in just 14 weeks 

A top-20 P&C carrier was looking to reimagine its expensive, high-touch RQB process, which led to slow turnaround times, low UW productivity, and poor broker transparency. Seeking to create a richer UW experience and digitize intake-bind operations, the firm used Unqork to develop an end-to-end digital solution for one of its business units. 

The solution powers next-generation workbench capabilities, streamlines onboarding & maintenance, and enables scalable back-office capabilities. It has been fully integrated with 12 different APIs, including rating, systems of record, document management/generation, and third-party services such as Dun & Bradstreet, Okta, and DocuSign. 

 
14
Weeks from ideation to market
 
 
 
80%
Decrease in development time
 
 
 
12
Integrations w/ internal & legacy systems
 
 

 

Unqork Resources

Academy & Community Hub

Build the skills that will help you digitally transform your organization 

With Unqork Academy, Creators can learn how to develop with no-code in no time with robust guided curriculums, certification assessments, courses, and resources. The Unqork Community Hub is an active, self-sustaining community of Creators for continued support, education, and feedback.

Unqork Digital & Certified Implementation Partners 

Leverage world-class delivery teams to build high-quality software on the Unqork platform

Accelerate the delivery of your solutions by partnering with Unqork Digital, Unqork’s own professional services team, or one of our Certified Implementation Partners with deep industry and Unqork expertise. 

 

Experience codeless up close

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