Life insurance underwriting is a standard step insurance companies take when assessing life insurance applications. Insurance companies use this process to determine if they’ll issue policies to ...

Life insurance underwriting is the behind-the-scenes process that plays a pivotal role in shaping your policy. This methodical evaluation delves into your personal and health details, considering ...

John Hancock's new Gen-AI powered underwriting tool may cut down preliminary processing times from one day to just 15 minutes.

When applying for life insurance, the underwriting process is a critical step to determine the policyholder's risk and premium. At CG Insurance, we pride ourselves on a customer-centric approach that ...

Manulife has updated its underwriting AI’s client questionnaire, nearly doubling its instant approval rate to 58% of all ...

In this way, efficiencies are created by providing the financial or insurance company with ways to improve the current underwriting process. In addition, the agents/underwriters can receive automatic ...

WOBURN, Mass.--(BUSINESS WIRE)--SBLI (The Savings Bank Mutual Life Insurance Company of Massachusetts) announced it has partnered with Swiss Re, a leading global reinsurer, to empower its life ...

The age-old insurance underwriting model worked well for a traditional environment of slower and more predictable change, with similar processes and risk evaluation methods across insurers. Today, the ...

The insurance industry is adapting to the rise of generative artificial intelligence (AI) by incorporating it into its underwriting processes amid looming cyber threats, some of which may also utilize ...

BOSTON--(BUSINESS WIRE)--Gradient AI, a leading enterprise artificial intelligence (AI) software provider for the insurance industry, today announced that Roundstone Insurance, a health insurance ...

Underwriting decisions often drive more economic value in life insurance planning than carrier selection, product design or illustrated pricing, yet underwriting is where many professionals spend the ...