IBU has perfected a seamless system to provide APS Summaries
to Home Office underwriting departments using secure Web-based technologies. Our experienced
underwriters review and summarize medical records without ever having to touch a piece
of paper!
Large and small companies alike are finding the IBU APS Summary
service to be a perfect solution to harness additional underwriting expertise without
having to hire additional underwriters. By handing off the “grunt work” of
reading APS’s to IBU,
underwriting departments can handle much more volume, freeing up to 35% to 70% of a Home
Office underwriter’s work time that was previously spent reading APS’s.
Because of our unique business model, IBU provides APS summaries
for about 20% less than what other vendors charge. It is a proven solution to
keep underwriting overflow at a low variable cost while maintaining time service objectives.
To make the IBU APS Summary Service even more beneficial for
clients, it has evolved to include not only reviewing APS’s but also providing
a decision. Adding decisions frees up even more underwriting capacity for the underwriting
departments of IBU clients.
CUSTOMER BENEFITS
Engage the exact amount of underwriting capacity you need
Eliminate the paperwork associated with reviewing and handling APS’s
Clear underwriting backlog and maintain time service
Reduce costs with rates that are 20% to 25% less than the costs of a contract
underwriter
