The THiNK Blog

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What Information is Crucial to Underwrite COPD? - Expert Series Week 10

Jun 28, 2018 3:30:28 PM / by Karen McLeod posted in Underwriting, Life Underwriting, Underwriting Expert Series

In this installment of our Underwriting Expert Series, Senior Underwriter, Karen McLeod continues the discussion on COPD. If you haven’t read part one, check it out for an overview of what life underwriters need to know about COPD. Then, read below to discover key information underwriters should consider when underwriting applicants with COPD. 

Why is This Important to Life Underwriters?

Underwriters with a strong understanding of COPD will know what to look for in their cases and be able to better identify when a case may be an uninsurable risk.

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What Life Underwriters Need to Know About COPD - Expert Series Week 9

Jun 7, 2018 4:29:33 PM / by Karen McLeod posted in Underwriting Expert Series

Welcome back to our Underwriting Expert Series. Want to catch up on previous expert pieces? View them here! In this 2-part post, we will hear from Karen McLeod, Senior Underwriter, about Chronic Obstructive Pulmonary Disease (COPD) and how those living with the disease can be assessed accurately. First, we’ll go over the basics of COPD and what you need to know about the disease. In part 2, we’ll dive deeper into what underwriters need to know when assessing an application on those affected by the disease.

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Underwriting Applicants with Epilepsy - Expert Series Week 8

May 9, 2018 11:33:06 AM / by Garen Markarian posted in Underwriting Expert Series

 

This is the eighth article in our Expert Underwriting Series. In a complex industry, understanding diverse health conditions and concerns can help you become more efficient and confident in your role as a life underwriter. Check out the full series to get an overview of longstanding and emerging trends in life underwriting and read on to hear from Garen Markarian, Senior Underwriter, on the impact and key considerations associated with epilepsy. 

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How to Incorporate AI in Your Life Insurance Organization

Apr 27, 2018 4:04:47 PM / by Brittainy Pratt posted in Reinsurance, Artificial Intelligence, Machine Learning

Artificial Intelligence (AI) and Machine Learning (ML) are already impacting customer expectations, service options, and how professionals operate. Recognizing the potential and understanding the impact of AI and ML is the first step to maximizing your organization’s use of the technologies.

As the industry continues to grow and transform, life insurance companies and professionals can leverage emerging technology to remain relevant and successful in a fast-paced, service-driven marketplace. Demystifying the technology and embracing the huge potential it offers for insurance are essential as we continue to deliver faster, more adaptable, and more efficient insurance solutions.

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4 Challenges of a Life Underwriting Leader

Apr 25, 2018 9:25:42 AM / by Darlene McFadden

Whether you are a Chief Underwriter, Underwriting Manager or Director, you’ve likely enjoyed a career filled with learning, growth, and stability but, like most roles, some recurring challenges and rote tasks are also part of the picture. Many of which I have experienced myself, having been in an underwriting leadership role for over 15 years. Reflecting on my experience in the industry, I’ve compiled four of the top challenges we, as life underwriting leaders, encounter and outlined some simple ways you and your team can spend less time completing cumbersome, but necessary day-to-day tasks and more time focusing on new business.

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How Behavioral Metrics Can Help You Build the Ultimate Team of Life Underwriters

Apr 23, 2018 7:32:28 PM / by Nick Durie posted in Life Underwriting

Building your ideal team of life underwriters can be intimidating but with the right tools and partners who understand the unique considerations of the industry, it becomes a lot easier. Straightforward yet powerful tools like behavioral metrics are available for managers who are looking to support their team’s career development at the individual level while driving progress toward broader organizational goals. Behavioral metrics also offer actionable insights that can be leveraged to turn your ‘gut feeling’ during hiring or ‘best guess’ in leadership approaches into strategic decision-making and planning that is backed by data about your team members’ motivations, stressors, and communication styles.

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Do Millennials Have the Highest Driving Mortality Risk? Expert Series Week 7

Apr 20, 2018 12:26:04 PM / by Mervyn Gillson posted in Life Underwriting, Underwriting Expert Series

Welcome to the  seventh edition of our Underwriting Expert Series. Missed the previous articles in the series? View them here! This week, we are excited to share Senior Underwriting Specialist and Claims Manager, Mervyn Gillson’s, perspective on the driving risk of the millennial generation.

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Machine Learning & Artificial Intelligence in Life Insurance

Apr 13, 2018 4:23:27 PM / by David Hou posted in Reinsurance, Life Underwriting, InsurTech, Artificial Intelligence, Machine Learning

Machine learning and artificial intelligence are hot topics right now – and for good reason. Machine learning (ML) and artificial intelligence (AI) are unlocking new insights, capabilities, efficiencies, and opportunities across industries and sectors.

Life insurance is no exception. Getting a grasp of what it is and how it can impact life insurance is critical to rethink challenges, spot solutions, and adapt in a changing industry.

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Accounting for Abnormal Kidney Function in Younger Ages – Expert Series Week 6

Apr 6, 2018 9:31:33 AM / by Elliott Dickson posted in Life Underwriting, Underwriting Expert Series

Thanks for joining the sixth week of our Underwriting Expert Series. So far, you’ve learned about several key concepts for life underwriters including underwriting mature ages, the impact of marijuana and the opioid crisis on insurance. This week, Senior Underwriter, Elliott Dickson explores abnormal kidney functions in younger ages.

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ReFocus 2018 Conference Highlights: Embracing Longevity Through Digital

Mar 29, 2018 3:57:04 PM / by Natalie Ho posted in Life Insurance

Earlier this month, our team attended the ReFocus 2018 conference in Las Vegas. The conference brings together executives from the life insurance and reinsurance space to discuss challenges faced globally by the industry. This year’s theme focused on the impact of life expectancy and longevity on life insurance and reinsurance. While there were a variety of insightful sessions, the highlights below focus on the digital and technological opportunities discussed at ReFocus 2018.

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