At this time’s underwriting groups face growing calls for to enhance effectivity, assist accelerated workflows, and preserve consistency. To raised meet these wants, ExamOne collaborated with Reinsurance Group of America (RGA) to boost our Threat Identifier® instrument with new, expertly designed guidelines.
RGA’s contributions make ExamOne Threat Identifier much more relevant to real-world underwriting challenges, serving to carriers strike a steadiness between velocity, accuracy, and alignment by incorporating the three main well being knowledge varieties—prescription, LOINC, and ICD codes—into 1 complete ruleset.
Accelerating and enhancing the underwriting course of
Threat Identifier, powered by ExamOne and UnderwriteMe, and now in collaboration with RGA, was constructed to satisfy the fashionable calls for of underwriting operations by supporting automated and accelerated underwriting applications. The instrument classifies threat utilizing real-time well being knowledge. It combines the main well being knowledge components of LOINCs, ICD Codes, and prescription identifiers present in ScriptCheck, LabPiQture, and Medical Claims, then applies a debit/credit score scoring mannequin based mostly on configurable rule units.
The instrument provides underwriters a unified threat sign that can be utilized to:
- Immediately classify threat
- Floor contributing threat elements for explainable decision-making
- Cut back the necessity for conventional APS evaluations or full medical exams for certified candidates
- Establish hidden high-risk (or neglected low-risk) profiles early within the software journey
With the addition of RGA’s insights, ExamOne Threat Identifier now incorporates a manual-aligned, condition-focused method that helps carriers:
- Detect well being considerations with better nuance
- Assist accelerated decisioning
- Keep readability and transparency in automated outcomes
“The collaboration with RGA brings a condition-focused method to the engine’s resolution logic,” says Justin Doolittle, director of product improvement for ExamOne. “We’re aligning threat assessments extra intently with underwriting handbook philosophies and advancing the instrument’s capacity to assist accelerated underwriting workflows.”
Strengthening resolution logic via experience
As one of the vital trusted names in life and well being reinsurance, RGA is famend for its revolutionary pondering, threat administration management, and cutting-edge use of synthetic intelligence and new evidences.
By integrating RGA’s underwriting experience into ExamOne Threat Identifier, the instrument now:
- Prioritizes condition-level insights relatively than relying solely on thresholds or broad indicators
- Helps extra granular underwriting choices, serving to underwriters pinpoint important well being dangers or establish low-risk candidates for fast-track provides
- Makes full use of present knowledge science to quantify mortality impacts and establish interplay results between and amongst laboratory, prescription, and analysis histories
- Aligns with the philosophy and logic of underwriting manuals, bettering transparency and belief in automation
- Enhances underwriting efficiency with out sacrificing accuracy or compliance
The result’s a instrument that not solely automates quicker however does so with a stronger connection to how underwriters consider threat.
A sensible answer for at present’s challenges
ExamOne Threat Identifier is designed that will help you sustain with altering expectations – each from candidates and inner groups. It suits seamlessly in any workflow, is straightforward to combine through API and lets underwriters or automation engines act with confidence.
Extra perception. Much less friction. Higher outcomes.
ExamOne Threat Identifier™ is redefining what’s attainable in threat evaluation. For all times insurance coverage carriers in search of to strengthen their accelerated underwriting applications and empower underwriters with smarter instruments, this collaboration delivers.
Taken with seeing how Threat Identifier™ suits into your underwriting technique?