Wearable Technology in Life Insurance: Knowledge Is Power
Wearable technology has the potential to transform the life insurance industry by empowering insurers and insureds alike with valuable health knowledge.
Housecalls Underwriting Case Studies: July 2018
The July 2018 issue includes:
- FDA Bans Trans Fats
- ECG Puzzler
Life Conference Report: The Changing Industry (LOMA Resource)
At the 2018 Life Insurance Conference, industry leaders discussed important issues and strategies that will shape the future of the industry.
Impaired Risk Review: Idiopathic Pulmonary Fibrosis
A difficult and often fatal disease in older adults, idiopathic pulmonary fibrosis (IPF) is one of a spectrum of diseases called interstitial lung disease. The title accurately describes the process: Idiopathic (cause is unknown), pulmonary (affecting the lungs) and fibrosis (the normally expansive tissue in the lungs becomes hardened and fibrous). The disease can be localized or generalized, with generalized findings having a particularly poor prognosis. Usually not found until its later stages, CT scanning (particularly for lung cancer screening) has shown IPF to be more prevalent than previously thought.
Milliman IntelliScript Underwriting with Rx Based Models (Slides)
Slides from this presentation, given at the 2018 ACSW Spring Meeting, have been posted at the Actuaries’ Club of the Southwest website.
Developing a Successful Acceleration Road Map
Beginning the journey into accelerated underwriting? Although the path to an accelerated underwriting program can and should be customized – and adjusted along the way – several basic steps can help any company get started.
Emerging Trends in Life Underwriting
There have been a number of changes in the insurance landscape in the recent past which present challenges for the consumer, advisor and underwriter. Last year, some carriers changed their position on marijuana usage by offering their clients non-smoker rates. There have also been recent legislative changes regarding genetic testing that impact life insurers.
The End of Distance in Life Insurance
Distance is one of the most abiding pain points for life insurers. It is a source of cost, inefficiency, and inconvenience in many life insurance processes, from reaching customers for testing, delivering training to employees and beyond.