Master the Facultative Submission Puzzle
Life insurance underwriting isn’t just a job – it’s an art, a science and, at times, a puzzle. To piece together a particularly complex or challenging case, it often makes sense to seek facultative consideration from a reinsurer. Find tips and tools here to make the process easier, including a sample cover letter.
Opioid Epidemic – How Did We Get Here?
This paper seeks to understand the unique set of circumstances that led to the dramatic rise in opioid prescriptions over the last few decades, and provide a brief overview of the resultant morbidity and mortality for the insured population.
The Challenges of Determining Worth - Financial Underwriting In Emerging Markets
How much is a life worth? That is a difficult question to answer. Addressing it from a social, emotional, or spiritual perspective can provide a wide range of responses – if in fact the question is answerable at all. From a strictly fiscal perspective, however, determining a person’s long-term financial value is exactly what financial underwriting in life insurance seeks to do.
Can Big Data Spell the End of Uncertainty?
Big data applications are increasingly shaping our everyday lives, making trends more transparent and patterns more predictable. Like insurance, science, notably medicine, is equally subject to the novel possibilities and demands resulting from big data. Will risks gradually decline as trends and patterns become more predictable in healthcare and for behavior? Are the days of insurance and science as we know them numbered?
Impaired Risk Review: First Class Mail
Throughout the years in our columns, I get both regular mail (yes, it still exists) and emails with a variety of questions. This month would be a good time to share some of these questions (and perhaps make this an occasional column) to address some pertinent things in the current. After all, questions some of you ask, often many of you have as well…
How Changes in Neurological Disorder Treatments Can Affect Claims
Brain disorders contribute significantly to disability figures throughout the world, adding more Disability-Adjusted Life Years than HIV or ischaemic heart disease.
The Changing Face of Underwriting
Facial analytics may play a key role in calculating future life insurance premiums thanks to a North Carolina technology firm claiming its platform returns lifespan estimates more accurate than traditional methods.
A Novel Cardiovascular Risk Biometric: Aortic Pulse Wave Velocity
This article introduces aortic pulse wave velocity (aPWV) and explains how this new biometric could help underwriters to predict major cardiovascular events and mortality.