Zinnia, a life and annuity (L&A) technology company, has introduced The Policy Processor (TPP) 8.0, an updated version of its underwriting platform. This cloud-based solution is designed to offer scalability, security, and continuous innovation for carriers aiming to modernize their underwriting processes. TPP 8.0 integrates AI-enabled summarization, integrated reinsurance workflows, and low-code configuration capabilities.
Michele Trogni, Chair and CEO of Zinnia, stated, “The underwriting process and pace are evolving as true differentiators. With TPP 8.0, we’re helping carriers underwrite faster, apply data more effectively, and deliver a superior experience to advisors and customers. This release shows how Zinnia’s technology helps clients transform efficiency into growth.”
Currently, TPP 8.0 supports over 15 of the largest carriers in North America, processing more than three million applications annually. The platform aims to enhance digital underwriting by combining automation with cloud flexibility, facilitating data consolidation, streamlining collaboration, and improving accuracy across the underwriting process.
Hilani Kerr, Head of Wealth & Distribution Platforms at Zinnia, commented, “TPP 8.0 was designed with the underwriter in mind. By combining AI-enabled insights with a unified, flexible workspace built for collaboration, we’re helping carriers simplify workflows, reduce friction, and make faster, more informed decisions.”
Key features of TPP 8.0 include:
* **AI-Enabled Summarization:** This functionality automatically summarizes evidence and prioritizes cases based on risk profiles, intended to reduce review time.
* **Low-Code Configuration:** This allows carriers to customize workflows, rules, and forms without requiring custom development.
* **API-First Design:** The design supports various business models and product lines while providing real-time visibility into case status, performance metrics, and workload distribution.
* **Integrated Reinsurance Workflow:** This feature enables underwriters and reinsurers to collaborate directly in real time, aiming to eliminate manual handoffs and improve transparency.
TPP 8.0 seeks to establish underwriting as a competitive advantage for Zinnia’s clients by combining human insight with technology to assist carriers in achieving faster operations, smarter collaboration, and enhanced service delivery for their customers.
Zinnia, an Eldridge Industries business, provides technology solutions for the L&A insurance industry. The company enables carriers and distributors to build, sell, and service insurance products. Zinnia is also backed by funds managed by KKR and Vista Credit Partners, global investment firms.
