Services

What will AGI do for Health and accident insurance products?

This class comprises underwriting services for health and accident insurance policies.

The work itself

Grounded Work Profile

Tools

  • Insurance Quoting SystemserviceBlueprint
  • Underwriting SystemserviceBlueprint
  • Policy Administration SystemserviceBlueprint
  • Billing SystemserviceBlueprint
  • Claims Adjudication SystemserviceBlueprint

Outputs

  • Policy RegisterserviceBlueprint
  • Claims Experience DatasetserviceBlueprint
  • Actuarial Loss ReportserviceBlueprint

Measured by

  • Loss RatioserviceBlueprint
  • Claims Processing TimeserviceBlueprint

Key steps

  • Quote Coverage To ApplicantserviceBlueprint
  • Underwrite And Price RiskserviceBlueprint
  • Bind Policy And Issue DocumentsserviceBlueprint
  • Collect PremiumsserviceBlueprint
  • Adjudicate Submitted ClaimsserviceBlueprint
  • Pay Benefits To ClaimantserviceBlueprint

How AGI delivers it

Four ways AGI delivers for Health and accident insurance products

  • Services-as-Software

    Get the professional outcome delivered as software, priced on results, not headcount.

    Services.do
  • Autonomous Agents as digital employees

    Hire a digital employee that does the job under earned, supervised autonomy.

    Agents.do

Value flow

How Health and accident insurance products connects

absorbs

  • Employee Benefits Administrationmodel
  • Medical Claims Processingmodel

measured by

  • Claim Cycle Timemodel
  • Claims Cycle Timemodel
  • Combined Ratiomodel
  • Loss Ratiomodel

optimizes

  • Claims Processing Timemodel
  • Loss Ratiomodel
  • Policy Retention Ratemodel
  • Underwriting Accuracymodel

produces

  • Actuarial Loss Reportmodel
  • Claims Adjudication Recordmodel
  • Claims Experience Datasetmodel
  • Policy Contract Recordmodel
  • Policy Registermodel
  • Underwriting Risk Assessmentmodel

realizes

  • Adjudicate Submitted Claimsmodel
  • Adjudicate submitted claimsmodel
  • Administer premium billingmodel
  • Assess underwriting riskmodel
  • Bind Policy And Issue Documentsmodel
  • Bind coverage and issue policymodel
  • Collect Premiumsmodel
  • Collect applicant health informationmodel
  • Disburse claim paymentsmodel
  • Pay Benefits To Claimantmodel
  • Present policy quotemodel
  • Price premium and coveragemodel
  • Quote Coverage To Applicantmodel
  • Underwrite And Price Riskmodel