The Future is Now: Wearables for Insurance Risk Assessment
Wearables introduce a multitude of ways to monitor health. The quality and quantity of information supplied by wearables will transform how we manage our lives. There is a huge opportunity for life insurance companies to change the way we interact with our customers and to improve how we manage risk.
Medical Underwriting and the Mother of Invention
Life underwriting has a long history. It also has a history of successfully reinventing itself.
EHRs for Individual Life Insurance Underwriting: Case Study
Many life insurance carriers have implemented some type of accelerated underwriting program for life insurance. As promising as some of these programs are, however, there is still a balance between efficiency and risk management that needs to be maintained to facilitate continued growth.
STOLI - What You Don't Know May Cost You
Stranger-originated life insurance, “STOLI,” has probably been the single most frustrating, discussed, debated, and litigated topic in the life insurance industry for the past decade.
Underwriting Mental Health
The underwriting of mental health conditions has always been notoriously difficult. To properly assess such applicants an underwriter needs to look at the complete picture of not only the applicant’s health but also factors such as employment record and support network.
John Hancock Touts Early Returns On Apple Watch Monitoring Plan
New global research released by Vitality, a leading behavior change platform, reveals that financial incentives combined with wearables encourage people to significantly increase their physical activity.
Applying Behavioral Economics for Better Business Results (Slides)
Slides from the presentation by Keith Brown have been posted at the the Actuaries' Club of the Southwest website.
Impaired Risk Review: Mood Disorders
While grief and sadness may be normal physiologic responses to stressful situations, depression is not. Whether that depression translates into conditions that affect insurability or threaten a person’s well-being is always a difficult assessment for underwriter and clinician.
Cannabody: The Insurer's Quick Reference Guide to Recreational Cannabis Use
Curious about the effects of recreational cannabis use on the human body? RGA South Africa produced a quick reference guide for insurers.
3 Insurance Underwriting Predictions for 2019 and Beyond
Could 2019 be the year of an underwriting technology transformation? We’re not yet ready to make that prediction, but we do see the makings of a transformation, as more insurers invest in technologies that they believe will deliver solid returns to their top and bottom lines. In fact, underwriting is the second-largest category within the growing life insurtech investment sector.