Underwriting advocacy to navigate the new world is as critical as the digital processes itself.
Consider the standard “AA” or age and amounts table. Lockdowns and stay-at-home measures are making collecting fluids and conducting parameds less feasible, yet underwriters still base the decision to order evidence on an age and policy face amounts table that has not changed substantially in decades. The result? Insurers often order evidence unnecessarily or waive needed requirement.
Putting together the health effects of nicotine and the chemical components of regular commercial e-cigarette inhalants leads to a conclusion that the risk is small but not trivial.
There are a lot of changes happening in the life insurance industry because of COVID-19—market environment, types of insurance products, processes, and technology.
Could air pollution contribute to the risk of developing Alzheimer’s disease? Can mental stimulation and social connection protect against the cognitive decline? RGA's Hilary Henly explores lifestyle and environmental risk factors, explores genetic insights and testing advances and more.
Smartphone addiction: Is this a legitimate disorder or just a trendy catch phrase? Some are calling it the new addiction of the 21st Century.
The center questions the use of factors such as employment class and education level in marketing, underwriting and pricing.
Critically important containment measures have been shown to ‘flatten the curve’ of new SARS-CoV-2 infections, save lives and ease the pressure on healthcare systems and medical supplies. At the same time, there are indications that these and other COVID-19 related measures will, depending on their extent and duration, also impact on the future mortality and morbidity trends of other areas of disease and health.
Munich Re assessed the effectiveness of Milliman Irix® Risk Score 2.2 in stratifying the mortality for the U.S. insurance applicant population.