Less Art, More Science

Improving its private-label market for term life insurance gave Transamerica Reinsurance an entirely new perspective on automated underwriting.

While moving to reduce the program’s overhead, the Charlotte, N.C.-based subsidiary of AEGON took note of another cost-saving trend that accompanied an increase in automation. The blocks of business run through its new underwriting platform were among the company’s best-performing mortality deals, according to David Dorans, vice president of product consulting and development at Transamerica Reinsurance. (Reprinted with permission from Bests Review Includes comments from David Dorans, Vice President Product Consulting & Development)

http://www.transamericareinsurance.com/Media/media_associateArticle.aspx...