Digital
Display
Display data that is most relevant to underwriters in an easy-to-read longitudinal view of the applicant.
The need for faster, less expensive and more accurate risk assessment is transforming the life insurance industry. Digital clinical data is increasingly available and presents an opportunity to accomplish these goals by providing valuable clinical details in real time.
However, carriers are challenged to efficiently integrate clinical data into underwriting and claims adjudication workflows. Critical details such as procedures and medications are often hidden in text or stored in unexpected places. Rampant data duplication and poor organization obscure significant facts. Raw electronic data can be messy, incomplete, and inconsistent, making it difficult for busy underwriters to use efficiently and limiting its value for automated risk calculations.
Display data that is most relevant to underwriters in an easy-to-read longitudinal view of the applicant.
Supply normalized and enhanced clinical data for use in automated risk calculations.
Data aggregators and InsureTech vendors can embed Diameter Health into their offerings to boost data quality and usability.
While raw electronic data is virtually unusable by busy underwriters, Diameter Health presents end-users with an easy-to-consume online format instantly displaying applicant health status and history. This makes underwriters more productive and satisfies consumers need for a speedy decision.
Automated risk engines require clean data to accurately predict risk. Fusion upcycles clinical data to make it richer and more precise for automated risk scoring.
Collecting clinical data is a first step, but not enough to make it actionable. Life insurers use Diameter Health’s Data Dashboard to identify data quality gaps and alert contributors to those issues before they impact decisions.
Diameter Health’s proprietary technology harvests clinical codes from electronic health records and serves up a single longitudinal view of an applicant, as well as data which is ready for use in automation and modeling. Swiss Re then applies industry leading risk knowledge and underwriting expertise to provide an underwriting recommendation. The result is a truly future-ready underwriting process that is faster, smarter and simpler for the end consumer.
Nichole Myers, Underwriting Propositions Lead, North America, Swiss Re
With up to 5 billion exchanges of digital health information annually, the tide of clinical data keeps rising. Start upcycling your data into a clean, concentrated, usable force today.