The trends and issues that will influence the development of the underwriting manual of the future

Designing effective applications means making it psychologically easy for applicants to answer questions honestly. In Insurance Thought Leadership (ITL), RGA's Peter Hovard makes the case for "positive friction," or prompts that encourage an applicant to offer a more considered, and accurate, response.
 

Accelerated underwriting has historically been a slow movement within the insurance industry, a panel acknowledged Monday at the 2022 Life Insurance Conference, sponsored by LIMRA, LOMA, Society of Actuaries and the American Council of Life Insurers.