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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.

How Technology Empowered Life Insurers to Respond to COVID-19

COVID-19 has changed the world in so many ways. The way we work and interact with each other has changed dramatically. It also changed the life insurance industry. Because of social distancing, companies had to adjust their day-to-day operations to continue to serve their current and potential customers.

Disruption in the Financial Services Industry: Where Will it Come From and What Can You Do about It?

Disruption is among today’s buzzwords, and used so often that it loses meaning.

Takeaways from the FLMI

FLMIs take a moment to mention how one bit of knowledge learned in one course, or the big picture they could see after all ten made a difference.

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.

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