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The Future of Life Insurance Underwriting

8/18/2022 11 a.m. - 12 p.m. EDT

This webinar will address questions about the future of underwriting related to the risks and challenges of the future.

Half of Life Insurers Using Automated Underwriting

Half of life insurers have some type of automated underwriting solution in place and 41 percent of companies are in the planning process, according to LIMRA research.

Awareness of Simplified Underwriting Increases Likelihood to Buy Life Insurance

While already underway prior to the COVID-19 pandemic, many life insurance policies are now underwritten through “simplified” or “streamlined” processes, which are less reliant on physical data (e.g., blood, urine, examination) and more reliant on readily available datasets (e.g., medical, financial, personal).

Chasing Amazon: Accelerated Underwriting Focuses on CX

Underwriting systems have changed to meet the demands of a mercurial world. New and improving sources of data continue to write new chapters in the storied history of life insurance underwriting. Innovative automation techniques drive turnaround times faster and faster, and consumers are taking notice.

5 in 15: How the Industry is Transforming Underwriting

9/19/2017 1 - 1:15 p.m.

In this 15 minute webinar, we will share with you the 5 key findings and trends in automated underwriting.

Life Insurers Look to Make the Underwriting Process Easier for Customers

Many consumers view underwriting as a significant obstacle to obtaining life insurance — often believing that the process takes too long and the requirements are too invasive. To address these challenges, companies are using automated and/or accelerated underwriting programs to improve their ability to determine medical risks by incorporating more and more data sources.

Life Insurers Leverage Technology and Greater Access to Data to Streamline Underwriting, LIMRA Report

WINDSOR, Conn., March 22, 2016—Two in three life insurance companies in the U.S. and Canada have implemented automated underwriting for at least part of their business and another 32 percent are in the planning stages of implementing automated underwriting, according to a new LIMRA study.

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