Life Insurance Software Solution for Sales and Underwriting

Redefine your Life Insurance Sales and Underwriting Capabilities with a Virtual Office for Agents and Intermediaries

Empower your life insurance intermediaries with a life insurance software – AVO Life, a virtual office, to manage and digitize the sales and underwriting life cycle efficiently


Digital Insurance Sales & Underwriting solution for Life Insurance and Annuities, is powered by AVO Life. This life insurance software for agents and intermediaries, is a feature rich responsive web application. It provides end-to-end sales digitization for all life insurance products including –

  • Life – Endowment/Maturity, Term, Group Life
  • Annuity – Immediate, Deferred
  • Investment
  • Features

    Explore some of the distinctive features of AVO Life tailored to simplify the life insurance sales processes.

    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 consists of core functional blocks in a modular setup. These can be leveraged individually or collectively. Above all, it can easily fit into the existing IT ecosystem of an insurance company.

    • Users & Hierarchy Management

      Manage users of the application

    • Intermediary 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 better business outcomes?

    Join the conversation on AVO Life. Follow us on LinkedIn.

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