Our services
Underwriting engines - maintenance and review
Implementing your engine is just the start. If you are looking to introduce new products, want to find out whether the engine is delivering on its promises, or feel it's time for a review, SelectX can help.
Rules updates
SelectX can provide all the expertise to create new or adapt existing rule sets to support your requirements and philosophy - irrespective of the platform in use.
Ongoing maintenance
Regular maintenance to ensure your underwriting engine is fit for purpose is key. SelectX can help companies establish their own robust maintenance plan, or provide an outsourced solution, giving you regular and independent updates on how the system is performing.
Rules engine maintenance programmes include regular analysis of management information, rules optimisation, testing of rules updates and recommendations for enhancements to the process and knowledge base.
Strategic review
When was the last time anyone took a really good look at your engine to check it is delivering the value envisaged originally? Are you obtaining the correct management information from your system and, if so, what is done with it? Can you be sure that the rules in the system are doing their job effectively?
SelectX is able to take an objective view of the underwriting engine - starting at the original business case and providing you with:
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an impartial overview of whether the original benefits are being achieved
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a comprehensive audit of the performance of the rules
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a review of the management information being produced
Following this comprehensive review, we can then provide recommendations and business case for any changes needed to get the system back on track.
