Case Study: a top underwriting agency achieves real-time underwriting control with RapidValue Solutions

We helped the client process insurance applications faster with impeccable accuracy.

The client, a leading insurance company operating as a top underwriting agency in Europe, lacked real-time visibility and control over policies sold through its broker network. Without a dedicated IT system, the company relied on manual monthly reports, leading to slow processing times and a lack of accuracy. They engaged RapidValue Solutions to develop a custom rule-based underwriting application to integrate with broker portals and validate policies in real time.

RapidValue Solutions designed and developed a Java-based application using the Drools rules engine, hosted on AWS cloud. The solution automatically validates applications against underwriting guidelines and calculates premiums, providing immediate accept/reject decisions to brokers. This streamlined the workflow, substantially reduced processing time, and gave the client real-time control over policy issuance. As a result, the client was so impressed they signed a long-term managed services contract with RapidValue for ongoing support.