AI and Data Management in Underwriting
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AI and Data Management in Underwriting
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Underwriters have the complicated task of analyzing risks from their company and clients to choose the right path for the collective good. When approving life insurance policies, this becomes a moral question as well as a mathematical one. How can a company give access to life insurance to as many people without harming their financial health?
Kevin Oldani and his team at Hannover Life Re America go beyond traditional methods to answer that question. He shares his thoughts on how innovations in AI and other digital practices have allowed for a more equitable distribution of life insurance policies.
We discuss:
- Application volume going back to pre-covid levels
- EHRs are pure upside, even if it’s not always instant decision making
- Consumers need speed and to understand the value of products better to grow new premiums
To hear more interviews like this one, subscribe to the Digital Insurance Innovator Podcast on Apple Podcasts, Spotify, or your preferred podcast platform.
Listening on a desktop & can’t see the links? Just search for Digital Insurance Innovator in your favorite podcast player.
