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Fair Isaac Enterprise Decision Manager for Insurance
Description
Speed, streamline and improve decisions Enterprise Decision Manager for Insurance is a decision engine that improves the consistency and profitability of underwriting decisions by providing a platform for the application of business criteria and predictive analytics. Who are the best prospects for a pre-approved solicitation? Which applicant should you select for your most compelling offer? Which customers are ripe for cross-selling and upselling a new product? Which claims should you send to SIU and which to a teleclaims unit? How fast can you make these decisions and how many resources does it take?
Enterprise Decision Manager for Insurance automates the application of business rules and incorporates an unlimited number of decision criteria, so that you can make very fast, even real-time, decisions that are also customer and profit-focused.
How and why it works...
With Enterprise Decision Manager for Insurance, you can speed, streamline and improve decisions at every stage of the customer life cycle. Begin using it in underwriting, for example. Then down the road incorporate automated decisioning into your marketing or claims operations.
Enterprise Decision Manager for Insurance allow you to design strategies, select criteria, and custom design decision trees in a step-by-step, menu-driven mode. The software gives you visual tools to help you:
apply underwriting rules and exclusions segment your population to apply targeted treatments generate a characteristic calculate multiple scores for a single transaction Enterprise Decision Manager for Insurance is a highly scalable, client/server architecture that integrates with your current computing and operational environment, from standalone workstation to mainframe.
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