Not to Be Sneezed at – The Threat From Infectious Disease
The range of infectious diseases that cause distress, illness and death remains truly staggering. Malaria, pneumonia, HIV, meningitis, plague, yellow fever, cholera, influenza and most recently Ebola continue to influence not only individuals but the economic and social life within large regions of the world. Most countries have experienced epidemics of one form or another over the past decade. The majority has been contained, but the H1N1 influenza outbreak of 2009 briefly demonstrated the potential for global reach.
Smoke and Mirrors: Marijuana Use and Underwriting
Most life insurers underwrite adult marijuana use as if it conferred the same relative mortality risk as cigarette smoking. Is this approach based on credible evidence or rather driven by long-standing misperceptions of the risk implications of marijuana consumption?
Underwriting Presentations from the 45 Annual M.U.D. Group Conference
Conference presentations have been posted at the M.U.D. Group website. They include:
- General Neurology: “Mind Bending” Underwriting Conundrums
- Medical Adherence: Practical Insight for underwriters
- Tumor Case Clinic: Breast, Prostate, Melanoma
- MVR's: Why Should I Care?
- Different Smokes for Different Folks
- Predictive Modeling in Underwriting: Proving The Science Behind The Theory - Mortality Implications and Correlations
- Multicultural Market and Foreign Risk Challenges - Ask the Experts
The Whys Behind Prostate Cancer Screening
Insurance blood testing for most, if not all, insurers includes a PSA (prostate specific antigen) test in males above a certain age range. Unlike testing for diabetes or kidney or liver disease, however, the PSA test is more controversial. It allows insurers to price more aggressively with a favorable result and requires more investigation with a questionable one.
Here's What the Future of Life Insurance Distribution Might Look Like
Ron Herrmann, CFP, executive vice president, distribution and sales at Prudential Individual Life in Newark, New Jersey, says that roughly 75 percent of buyers are doing online research prior to purchasing; almost half of that research is being conducted on mobile devices.
Housecalls Underwriting Case Studies & Insights: Fibromuscular Dysplasia and Bariatric Surgery
The latest edition of Score Global Life's Housecalls includes underwriting case studies on Fibromuscular Dysplasia and Bariatric Surgery.
Digital Strategies for Life Insurers
Digital represents a continuous form of disruption to existing or new business models, products, services or experiences enabled by data and technology. Effectively leveraging digital innovation can allow life insurance companies to reduce customer service costs while increasing both customer satisfaction and retention.
A New Response (Best's Review)
Hybrid life insurance/long-term care product sales are rising, but the industry must pay attention to pricing and risk mitigation techniques.