The typical life underwriting process traps companies and agents in slow, manual workflows—and subjects customers to intrusive physical exams and lab work.
52% of life insurance shoppers are more likely to buy with no physical exam*
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*LIMRA, 2019 Insurance Barometer Study
Uncover the digital opportunity in electronic health data
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Extracting the full value of electronic health records (EHRs) for automated life underwriting may seem daunting, but you can harness their power to enable your digital strategy. See how.
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You don’t have to choose between precision and speed in your life underwriting
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In a minute or less, Verisk’s advanced data analytics can extract critical insights from electronic health records (EHRs) to help drive straight-through processing for most policies—so you only review the records that require your expertise.
Quickly turn EHR data into actionable insight
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Our EHR Triage engine can help enable underwriting decisions on the majority of applications in one minute or less, drawing on a powerful fusion of biostatistics, medical research, and data science to evaluate:
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- more than 50 risk elements
- 95,000 impairments
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And our regulatory and data privacy specialists help support our focus on compliance and security.
Bring your digital strategy to life
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Find out how Verisk can support you. Send your information and we’ll contact you.
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Contact: Drake.Livada@verisk.com
