AURA NEXT is the latest release of our underwriting decision management platform, delivered by RGAX and powered by RGA's global underwriting expertise. Featuring the advanced business intelligence you need, AURA NEXT helps position your business for both today and tomorrow’s insurance market, especially in this digital era where underwriting processes are rapidly moving towards data-driven evidence sources. Because of this and the increasing demands for simplicity and speed, we amplified the power of AURA NEXT by adding new capabilities, while still achieving risk assessment accuracy and underwriting discipline.
AURA NEXT provides a complete view of risk through:
Advanced, reflexive interview questions delivered when and where required
Industry accepted evidence sources with the ability to integrate predictive models and electronic health records
Modern architecture enabling multivariate decisioning and advanced analytics
Data visualization insights provide meaningful metrics and key performance indicators to enable strategic, operational decision-making. Some features include:
Refining underwriting rules
Monitoring decision frequency
Maintaining decision quality
Tracking new business opportunities
Consumers are seeking a more seamless and less-intrusive underwriting process while maintaining the expectation for speed. However, in order to be accurate and comprehensive, oftentimes, more invasive means of assessing applicants’ risk are required.
The proper automated underwriting technology can help address this challenge by enabling accelerated processing turnaround times and a more consistent, disciplined risk assessment. AURA NEXT was architected to consider all available evidence sources and was built as a responsive, secure underwriting technology platform. When integrated into your digital transformation strategy, AURA NEXT’s automated underwriting can positively impact your customer’s experience as well as the overall turnaround times from start to finish.
Amazon Web Services (AWS) hosting combined with a disaster recovery plan ensures your data is always accessible.
RGA data protection policies prohibit the disclosure or misuse of information about your customers.
Comprehensive systems monitoring and logging activity protect against unauthorized access.
SOC 2 Type II compliant (based on third party audit firm assessment) provides quality system controls.
-Tonya Blackmore, Senior Vice President, Head of SaaS, RGAX