Hancock will Give Customers Discounts for Meditating 10 Minutes a Day
For a few years now, John Hancock has offered its life insurance policyholders discounts on their premiums for visiting the doctor, working out, and buying healthy food at places like Walmart. Today, the Boston-based insurer is adding sleeping to that list. And meditating.
Underwriting Automation: Why Expectations Might Not Match Reality
The underwriting automation engine has undoubtedly become a popular approach for many insurance organizations seeking to increase efficiencies and augment their workforces. While implementing this technology is likely vital to remain competitive, there is often a disconnect between the expectations and the reality of automation’s impact on underwriting operations.
Disruptive Innovation Examples in the Insurance Industry
Gambling and life insurance – a surprising yet oddly appropriate pair. That’s what I thought as I walked through The Bellagio doors on a sunny, April day in Las Vegas. I wasn’t there to play games of chance though – I was at the 2016 LIMRA Life Insurance Conference to learn about disruptive innovation examples in insurance
Have you noticed that the word invasive is being bandied about more and more often in underwriting-related articles and commentaries published online and in various industry publications? This is mainly being done by those advocating radical changes in underwriting practices.
The purpose of this paper is to discuss the insurability implications of low normal/ below normal ALT in the elderly… in the hope that insurers will consider adding appropriate guidelines for this finding at older ages.