Minutes, not days

Fully-underwritten policies in 12 minutes, start-to-finish

RiskDX is a complete digital distribution platform

RiskDX is an omni-channel distribution system providing: quote, apply, automated underwriting, and policy delivery.

Designed to minimise risk and elevate opportunity, RiskDX helps you reach strategic targets for digital innovation in a handful of months.

Reach a wider audience and maximize sales with higher completion rates and cross-sell opportunities.

Benefits of RiskDX

For the Consumer

  • Applicants want the choice as to how to buy. We deliver that, with support when needed.

  • The idea of waiting days, weeks or even months for a policy to be issued is century-old thinking. Today’;s modern consumer expect better.

  • Underwriting ensures the applicant gets the best possible price based on their health, not a pool of sub-standard lives.

  • Our optional Needs Analysis tool presents the customer with a range of options and the associated cost of each.

    The customer feels they are in control of the process as they have the information they need to make an informed decision.

For the Advisor

  • The advisor defines the sales process that suits their market.

  • The advisor has their own personal landing page reflecting who they are.

  • Advisors have their own personal sales links to share on social media or send directly to prospects.

  • Compliance requirements, such as the Reason Why Letter, integrated into the sales process to simplify the process for advisors.

  • Advisors prefer the clarity of an instant decision, and it also means they get paid quicker.

For the Insurer

  • Integrated sales and marketing tools enable rapid customizable deployment.

  • RiskDX can be rapidly configured to meet your branding and sales process.

  • Insurers can gain a sustainable cost advantage over their competitors with auto-underwriting and straight-through processing reducing costs.

  • Modern API based architecture facilitates seamless integration with other systems.

  • Embedded rules ensure all sales meet compliance standards.

  • Our automated underwriting process improves the accuracy and consistency of underwriting decisions. Changes can be implemented rapidly and analytics support continuous improvement.

  • By digitizing the underwriting process, insurers gather detailed and accurate data that can be used to gain business insight and improve decision making.

    Analytics dashboards are embedded into the Control Panel. In addition, the BI tables can be accessed by your tool of choice, whether it be PowerBi, Tableau, Qlik or any other platform used in your organization.

 FAQs

  • RiskDX can be deployed in 100 days.

  • Yes we support Web Content Accessibility Guidelines (known as WCAG).

    RiskDX is clear and easy to use by default, however it is difficult to meet all needs, for example some users may prefer to use a mouse while others are limited to using a keyboard. Furthermore company branding may inadvertently compromise accessibility. We address this with an accessibility switch that can be placed in you footer or at the top of your website. Website Accessibility

    You can learn more from this 2021 blog post on Website Accessibility.

  • RiskDx can support any life insurance products. Direct-to-consumer works best with simple products like term life.

  • We have several online demo’s available. Please contact us with your needs and we will send you the appropriate link.

  • RiskDX is typically licensed as Software-as-a-Service, but we are flexible and offer several options.

  • Please contact us using our contact sheet or call us at 416 949 8920