Life is unpredictable, and customer needs are always changing. That means life insurance companies need to stay responsive and adaptable, and they need software that can keep up.

With Axelerator they get a comprehensive range of components that are readily tailored to create a flexible, bespoke solution that can be easily updated as things change.

Axelerator is built using modular architecture that makes implementation flexible and affordable.

One solution for all

Axelerator uses the same code base and modules to support all functionality.

  • Improve business efficiency by dramatically reducing the cost and effort of change
  • Manage all products and distribution channels from a single system
  • Provide new schemes and funds with tailored product options and admin workflows
  • Create marketing campaigns with more targeted product offerings
  • Add new variables quickly without upsetting existing configurations
  • Simplify benefits and exclusions with a master list that can be defined for each channel or brand
  • Build complex lifestage products to guarantee increasing benefits and covers in the future without needing additional medical assessments
New Business
  • Pre-assessment
  • Quote and apply
  • Intelligent underwriting
  • inbuilt URE
  • Straight through processing
  • Product Management
  • Premium calculations and projections
  • Document and Email production
Underwriting and assessment
  • Underwriter’s workbench
  • Automated underwriting decisions, loadings and exclusions
  • Automated generation of requirements
  • Task management and escalation to speed throughput
  • Tele-underwriting
  • Enforce approval limits
  • Upload supporting documents
Policy management
  • Direct access by clients and Agents
  • Top-ups, renewals and cancellations
  • Adjustments and re-calculations
  • Payments and commission
  • Online Reinsurance approvals
  • Generate RI and accounting transactions
Claims
  • Electronic information capture
  • Claim assessors’ workbench with service level tracking
  • One-touch: straight-through processing (STP) of simple claims
  • Allocate cases based on skills and complexity
  • Access for external parties such as agents, customers, reinsurers and rehab specialists
  • Workload management
"The amount of technology coming at us in the next five years is probably more than we've seen in the last 50."
Mark Franks, Director of global automation at GM
FEATURES
Portals for self-service access
  • Brokers, agents and advisers
  • Customers
  • Fund administrators
  • Third-party partners
  • Reinsurers
Manage claims against benchmarks
  • ODG and ClaimLab integration
  • Track claims against their benchmarks
  • Automated triage
  • Rehab and Return to work plans
  • Service Level tracking and escalations
Manage claims against benchmarks
  • ODG and ClaimLab integration
  • Track claims against their benchmarks
  • Automated triage
  • Rehab and Return to work plans
  • Service Level tracking and escalations
Reporting and dashboards
  • Real time tracking of strike rates and referrals
  • SLA monitoring and reporting
  • Work flow & workload reports
  • Upcoming tasks
  • Trend analysis
  • Highlight exceptions
Regular extensive updates
  • Current technology
  • Easy to implement updates
  • Automated deployment and testing
  • Evergreen option - always up-to-date
Regular extensive updates
  • Current technology
  • Easy to implement updates
  • Automated deployment and testing
  • Evergreen option - always up-to-date

Axelerator is built for change.

Axelerator is built using modular architecture that makes implementation flexible and affordable.

If you’re looking for an innovative platform that has been custom built to support business growth and agility for life insurance providers, Axe is ready to support you.