How Will Genomics Impact Medical Underwriting?
Progress in genomics is creating opportunities and threats for medical underwriting in both health and life insurance.
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
The Rise in Sugar Consumption in the U.S. – and the Obesity Equation
For years, sweets were marketed as innocuous treats for kids whose only drawback was cavities if you did not brush your teeth properly.
Death of Despair: As Premature Deaths Rise, Insurers may want to Evaluate their Pricing Strategy
“Deaths of Despair,” an article recently appearing in the Wall Street Journal (WSJ), should have red flags flying throughout the underwriting community.
Players, Principles and Paradigm Busters (LOMA Resource)
Insurance is a complex business comprised of lots of moving pieces. Here’s a peek at who wants in the game, what the rules are, who wants to change them—and more.
Mortality Rate Improvements – End of an Era, For Now…
Improvements in mortality rates characterized the twentieth century – the trend of living ever longer and healthier lives seemed assured. Recent mortality rates, however, point to a change. The positive trend has slowed. But why? Are all ages affected? And surely medical advances will anyway have us back on track asap?
Technology is Streamlining the Process of Issuing Life Insurance Policies
Life insurance is undergoing a renaissance of sorts. The industry is slowly transforming from one entrenched in the old-age archaism of paper and manual processes to one embracing digital technology and artificial intelligence, which benefits consumers via a more enjoyable sales experience and better product pricing.