Reduce underwriting risk and increase underwriting speed using granular morbidity, mortality and health data.
Today’s digitally savvy customers expect to sign up for a life insurance policy in minutes using a completely digital process. dacadoo Risk Engine helps make it possible—without a paramedical exam or added business risk.
Risk Engine is a powerful, multivariate predictive health model. It uses granular morbidity and mortality data from over 500 clinical research studies—including a continuously refreshed database of more than 300 million life-years of health data.
No data. No problem. Risk Engine fills in missing data on a life insurance application from its massive database. It goes beyond an underwriting risk score to compute a variety of predictions. Life insurance applications with as few as four personal data points (e.g. age, height, weight and gender) can produce over 60 health insights that more accurately classify risk and limit the need for paramedical exams and time-consuming, costly evidence gathering.
Advance your underwriting processes to profitably address new markets and improve the buying experience to meet the expectations of today’s consumers.