SOA Releases Report–Automated Life Underwriting: Phase 2

Is your company considering implementing an automated system for underwriting life insurance? Don't miss the recently completed study sponsored by the Marketing and Distribution, Product Development and Reinsurance Sections, along with the Committee on Life Insurance Research, examining the role of automated underwriting systems in a number of companies.

The report, authored by Deloitte Consulting, addresses: How and why companies are using automation to make underwriting decisions; the impact of utilizing these systems on operational efficiency, sales and retention; the quality of risk selection produced by automated systems; cultural acceptance of increased automation in systems; and challenges insurers overcome to implement and maintain these systems.

If you do not have time to read the report, you can sign-up for the Nov. 3 webcast,in which research results will be presented.

http://www.soa.org/research/research-projects/life-insurance/research-au...