COSS, an insurance software provider, and RGA Technology Partners, a wholly owned subsidiary of Reinsurance Group of America, have formed a strategic business partnership to provide AURA Point of Sale, which contains the AURA underwriting rules engine within the COSSEnterprise iForms solution.
The result of this partnership is a straight-through e-application process that allows insurers to apply underwriting business rules and a preliminary underwriting decision at the point of sale while producing an electronic application ready for electronic signature.
"The producer now can have the best of both worlds--the ability to capture data in electronic form paired with dynamic underwriting rules and decision-making," says Jym Barnes, president and CEO of RGA.
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