Intelligent Life Smart Insurance Systems

Edge Business Solutions is the representative for Intelligent Life Smart Insurance Systems for the Caribbean. Intelligent Life is a smart insurance website designed to enable customers to buy a range of life insurance products instantly online.

On arrival at the Intelligent Life website, applicants are met with a simplified user interface that leads them step by step through the buying process. The process steers the applicant through a quotation, market price comparison, typical health and lifestyle questions, underwriting assessment and approval. The applicant is able to review a draft version of their customized policy online before completing an online declaration and payment. The entire process is entirely paperless and can be completed in 5 to 10 minutes, after which the customized policy document is automatically emailed.

A key feature of the platform is its electronic underwriting rules engine, accepting around 70% of applicants online through a full underwriting approach. The underwriting rules have been approved by a global reinsurer and can be adapted to the needs and nuances of each region in which Intelligent Life has been licensed.

The system automatically takes care of all customer email correspondence and provides administrator functions for underwriting workflow, and functionality to manage affiliates and partners.