Intellect Design Arena Ltd.

Intellect SEEC, the insurance software division of Intellect Design Arena, has launched an Intellect Underwriting Workstation (UWX) at NAMIC Commercial Lines Seminar in Chicago, Illinois. UWX enables Commercial Insurance carriers to make better risk selection and pricing decisions while improving efficiency and turnaround time.

UWX offers Risk Analytics that leverages big data to discover hidden risks and provides intelligent inferences about the data, allowing underwriters to find out information that would otherwise not be known. This capability significantly improves risk selection accuracy and pricing. Risk Analytics is offered as a standalone solution (available on the cloud) or as a part of UWX.

UWX delivers 360 view of the account, provides configurable workflows and enables real-time collaboration with experts for improved underwriter productivity and 'first time right' policy issuance. It allows carriers to utilize existing technology and seamlessly integrate with enterprise as well as various third-party systems. By offering a direct-to-customer portal and mobile capabilities, UWX streamlines the process of doing business for underwriters.

Intellect Design Arena is a Polaris Group company, a global leader in Financial Technology for Banking, Insurance and other Financial Services. Intellect embodies rich Intellectual Property and robust platforms & products across Global Consumer Banking (iGCB), Central Banking, Risk & Treasury Management (iRTM), Global Transaction Banking (iGTB) and Insurance (Intellect SEEC).