nbAccelerator is the most complete new business risk assessment and process management solution available in the industry.

Designed as a common new business system capable of supporting multiple products, distribution channels and administration systems, it provides the technology and business processes needed to seamlessly integrate new business from the application process to contract delivery.

Comprised of underwriting, automation, document management and production-proven work management, nbAccelerator decreases the cost of issuing life and annuity contracts while increasing productivity.

By eliminating processing steps, reducing handoffs and automating tasks, nbAccelerator brings unparalleled speed to the new business process, while maintaining the integrity of risk assessment.

nbAccelerator utilizes a component-based, state-of-the-art technology using ACORD industry standards. nbAccelerator deploys a multi-user, client/server architecture using industry standards and proven technology for its infrastructure.

The workflow component of nbAccelerator, DST’s Automated Work Distributor AWD, serves as the backbone for new business workflow, routing, imaging and new business reporting.

The presentation layer is browser-based, utilizing Java best-practices for development. nbAccelerator is flexible in design and utilizes ACORD XMLife to allow easy interfaces at virtually any step of the process. nbAccelerator’s flexible rules and calculation engine, CSC’s Visual Product Modeling System VP/MS, enables rules and calculations to be maintained by a business expert. This complete new business and underwriting solution includes interfaces to two of CSC’s administration systems – CyberLife and VANTAGE-ONE.

nbAccelerator is a complete, integrated new business solution that includes:

Ability to accept electronic applications from a portal
Adoption of ACORD XMLife industry standards where available
Automated suitability analysis for annuities
Automated underwriting (both simplified and iterative)
Automatic work distribution based on flexible rules
Case manager and administrative views providing display and update functions for the complete new business process
Cashiering workbench with automated money processing
Component processes that can plug into the solution
Comprehensive Underwriter Workbench that brings all images and data together for user review and action
Configurable tools to customize workflow, business rules and calculations

Efficient, browser-based data entry using image enables customizable views that match the flow of the application
Electronic applications that guide producers through data gathering
Electronic case assignment and routing to match business demands with processing capacity and skill levels
Integrated communication capabilities including e-mail and correspondence
Integrated imaging technology providing paperless processing
Interface with print solution
Management and productivity reporting
Reinsurance tracking and routing
Requirements management including interfaces with major providers