Tools

Submission Processing ROI Calculator

Three inputs from your operation — see what manual processing costs each year, and what capacity automation hands back to your underwriting team.

Calculate your return

Submissions per week80
Manual minutes per submissionTotal handling time per submission — analysis, document review, and copy-and-paste into downstream systems such as policy administration systems, rating tools, and exposure management platforms.90 min
Loaded cost per hourFully loaded hourly cost of the people doing the processing — salary, benefits, and overheads.$100
Share of that time you expect to automateYour assumption, not ours. How much of the current manual handling time you expect to remove — the remainder is time spent reviewing flagged fields. We publish method rather than a headline percentage; measure your own figure during a Proof of Value.70%
5,520 hrs
spent on manual processing per year
$386,400
in annual manual processing cost removed
2.1 FTE
of underwriting capacity returned
Test it on your own submissions

Assumptions: 46 working weeks per year; a 40-hour FTE week; and the automation share you set above, with the remainder spent reviewing flagged fields. Figures show the manual processing cost removed, before SnapLine subscription costs — net ROI depends on your plan and volumes. All figures in US dollars. Model it precisely on your own book with a Proof of Value.