Now FATCA is also introduced in Sweden

The Nordic Long Term Savings Market FATCA is an American law which obligates financial institutions throughout the world to identify American account holders among their customers and report their assets and revenues to the American tax authorities. Financial institutions that do not comply with FATCA risk being forced to pay 30 per cent in tax […]

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Why defining the underwriting process meets the needs and the business

Expert underwriting Since the introduction of expert underwriting engines there has been plenty of time for the market to be saturated with solutions, but strangely enough this is not the case. You can count the number of true expert underwriting engines being used on the fingers of your hand. One of the main reasons for the lack of expert underwriting engines is […]

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Where the automated solution meets the business

Expert underwriting To be at the forefront of today’s fast moving insurance industry, it has become a number one priority to create a user friendly and reliable tool for automated on-line underwriting. Itello has developed a solution which will keep both the customers and the underwriters happy. Unlike the parts that make up an administration platform, which are easily defined where they meet […]

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What is good for the underwriters is good for companies

Expert underwriting A reliable automated on-line underwriting process is beneficial for all parties. It will save both time and money for the insurance companies, the underwriters and above all, the customers. Underwriting has always been a part of the insurance industry, because risk products need to be underwritten. In life and health insurance this is particularly important due to the high risk amounts that can […]

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Seven Benefits of Automated Underwriting

The Nordic Accident & Health insurance market Automated underwriting holds the promise of better process flow, higher customer service levels, enhanced agency communications, improved tracking, more consistent underwriting decisions, faster throughput, and better mortality — all leading to the opportunity for significantly higher profits. For those companies still unconvinced of the business value, a cursory […]

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