Life Insurance Software Solution for Sales and Underwriting

Redefine your Life Insurance Sales and Underwriting Lifecycle with Digital Capabilities

Empower your life insurance intermediaries to manage and digitize the sales and underwriting life cycle efficiently using AVO Life – A Virtual Office Platform


Digital Insurance Sales & Underwriting solution for Life Insurance and Annuities, is powered by AVO Life – an agent virtual office. It is a feature rich responsive web application that provides end-to-end sales digitization for all life insurance products including –

  • Term Life
  • Endowment
  • Annuity
  • Investment
  • Retirement


Explore the distinctive features of AVO Life that seamlessly delivers business value in terms of operational agility and process digitization.

API driven microservices based architecture

Guided sales process

Setup of underwriting and pricing rules

Tailored portals for stakeholders

Supports multiple payment modes

  • Issue1 Real Time Quotes/Policies

    Instantly generate quotes and issue policies. Reduce load on your core insurance system

  • Provide Quick Turn Around Time (TAT)

    Delight your customers by providing quicker turnaround times for policy issuance, renewals, endorsements

  • Ensure Greater Flexibility

    Allows insurance companies to configure different privileges for pricing, underwriting and operations to
    different intermediaries

  • Gain Better Oversight

    Take complete control over your distribution network with configurable levels of pricing and underwriting

  • Increase Transparency

    Manage complex commission structures and make payments online

  • Be Eco-friendly

    Help the environment by enabling end-to-end paperless process for policy issuance

Core Building Blocks – A Modular Approach

AVO Life comprises of core functional blocks in a modular setup. These functional blocks can be leveraged individually or collectively to fit into the existing IT ecosystem of an insurance company.

  • Users & Hierarchy Management

    Manage users of the application

  • Agent On-boarding

    Manage end-to-end agent empanelment process

  • Calendar Management

    Enable sales users to track and follow appointments

  • Product Configuration

    Setup policy parameters

  • Prospect Creation

    Provision for sales users to create prospects

  • Financial Need Analysis (FNA) & Benefit Illustration

    Uncover gaps/opportunities by analyzing customer financial profile

  • Quotation Management

    Calculate premiums and provide options to customers

  • Proposal Management

    Capture detailed information on customer profile

  • Workflow Management

    Configurable business process flows

  • Commission Management

    Effective remuneration transparency management

  • Premium Calculation

    Rating table based premium calculation or real time integration with core insurance system

  • Policy Issuance

    Real time issuance of policies with policy schedule

  • Endorsements

    Process financial and non-financial modifications to existing policies

  • Reports & Dashboard

    Transactional, Operational, Management reports

  • Payout Management

    Calculation of commissions, incentives

  • Content Management

    Support agents by distributing sales/marketing collaterals

  • Campaign Management

    Drive agent performance through targeted sales campaigns

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Interested to explore AVO Life for Digital Sales and Underwriting?

Request Demo

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