Allfinanz, an automated underwriting solutions software provider, has released its latest underwriting program, Allfinanz Underwriting Rules Engine v4.4. The latest version is designed to increase straight-through-processing (STP) rates, which the company says will reduce costs and policy issue time. It is currently available in three languages.

“This release highlights Allfinanz’s constant innovation on our clients’ behalf,” said Paul Donnelly, director of product management and marketing at Allfinanz. “The Allfinanz Underwriting Rules Engine v4.4 creates sustained competitive advantage in today’s life insurance industry. Our advanced, life-specific product adds value in a range of enterprise functions, and offers the potential for dramatic increases in life carrier profitability.”

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