Underwriting & Claims

EP helps your team to do more with less. Not every hire needs to be internal, and not every addition to the team means subtracting from the team.

EP’s core value is about unlocking deeper capabilities. EP unlocks capabilities you couldn’t afford to hire and train for internally. EP subsumes the cost and time to onboard reliable support staff. Each EP line of service presents a compelling reason that EP’s team can add to your current capabilities faster and more affordably.

Accelerate all automated underwriting with one platform that connects to every online and offline health data source.

Sell more policies and deliver better customer experiences with comprehensive access to Electronic Health Records (EHRs).

LexisNexis® Risk Classifier with Medical Data integrates behavioral and medical history into a single underwriting model. This helps enable life insurers to better understand and segment risk, minimize invasive requirements and accelerate the underwriting decision process.

As an interactive single-inquiry solution, LexisNexis^® Life Data Prefill helps streamline the insurance process at the point of application, reducing the time and cost of capturing some of the data necessary to help properly evaluate your applicants.

Verisk’s EHR Triage Engine evaluates more than 50 risk elements and 95,000 impairments to process applicant authorized EHRs in one minute or less. Qualified risks can move more quickly toward bind, while your underwriters see only the applicants who need review. With fewer medical tests and faster cycles, you can save money and time while gaining efficiency across the underwriting workflow. Jump-start your digital strategy with automated underwriting that helps drive real-time, low- or no-touch decision making. Our solution can help you attract lower-risk prospects seeking a quick purchase process; keep more of them in the pipeline; and protect your book from adverse selection—all at the same time.

Resonant® Field Underwriting is a tool that helps you accurately set customer expectations at the beginning of the sale process. On-demand field underwriting returns a health class rating or range based on published and unpublished carrier rules, and gives you immediate, automated responses to almost all of your quick quotes. Multi-carrier results are generated instantly with table/health class and price range, and you can manage multiple impairment cases seamlessly.

The dacadoo Risk Engine is designed for reinsurers, insurers and providers.

With limited self-reported data, the Risk Engine calculates mortality and morbidity risks and provides full data sets with 100 data points for each record. It does this by imputing estimated values for all missing data. For example, if only age, gender, height and weight of a person are provided, the engine will impute 96 missing data points, including blood values and other bio-metric data.

The dacadoo Risk Engine works with as little as four data points (age, gender, height and weight) and can work with up to 100.

Velogica is one of the first point-of-sale, instant life underwriting systems in the industry with a history of more than 15 years.

SCOR’s solution for point-of-sale life insurance combines reinsurance, product development and Velogica®, an advanced algorithm that utilizes a patented process to deliver instant automated underwriting system decisions.

Velogica is helping major clients drive new models of efficient distribution through predictive risk assessment and point-of-sale policyholder capture. The Velogica algorithm correlates information from the life insurance application, motor vehicle reports, MIB reports and prescription drug history, and, in some states, criminal history. Clinical lab histories and credit-based mortality scores are on the horizon.

Velogica is designed with the flexibility required for new data sources as they become available on policy applicants. The most recent release of Velogica integrates SCOR’s predictive analytics capabilities and Electronic Health Records scores. The platform now features powerful data visualization and analytics functions that allow for strong case management and tracking (see Velogica Valet above). With more than four million life insurance applications processed, this proven platform has a record of achievement that is unmatched in the industry.

Digital Life Insurance Service

iCover‘s algorithmic underwriting helps insurers sell to the middle market. Leveraging data and predictive analytics iCover can assess, price, and deliver life insurance to your customers in 5 minutes.

AdamsBridge Global is known for medical data annotation and providing high end resources for staff augmentation, managed services, captive, and semi-captive centers in the Insurance, Life Settlement, Trials and Real Estate verticals.

Trends point to an accelerated future for risk selection. Learn about Accelerated Underwriting by viewing or downloading the document written by Reinsurance Group of America,Inc. (RGA). Click on the button below:

Diameter Health Fusion

Fusion’s automated Upcycling Data™ process, which normalizes and enriches raw clinical data for both machine and human use, makes clinical data from EHRs usable to drive real-time underwriting and risk analytics. Carriers, aggregators, and re-insurers benefit from greater insights into applicant health issues without the delays and costs of traditional health assessments or PDF Attending Physician Statements.

HealthPiQture, by ExamOne, is a highly flexible platform that allows you to make quick and confident decisions. Through HealthPiQture, insurers receive access to our extensive data sources. From a snapshot of an applicant’s past health, to a view of their current health, HealthPiQture combines health and behavioral insights for insurers.

SelectX is a UK-based provider of technology-based solutions for life and disability underwriting.