The THiNK Blog

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Top Considerations for Underwriting Critical Illness: Underwriting Expert Series Week 16

Dec 20, 2018 2:14:57 PM / by Karen McLeod posted in Underwriting Expert Series, Life Underwriting

 

The huge variety of products, special cases, and unique considerations that underwriters face every day make it an exciting but challenging industry to keep up with. Our expert series aims to make it a little easier by providing resources straight from industry experts on the topics that underwriters are facing now.

Critical illness (CI) insurance is an area that life underwriters face that can be complex and involve detailed review to get right. Karen McLeod, Senior Underwriter & Learning Specialist, shares her advice and top tips how to approach critical illness as a life underwriter.

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Treating Type II Diabetes with Gastric Bypass Surgery: Underwriting Expert Series Week 15

Dec 4, 2018 1:52:16 PM / by Seema Samad posted in Underwriting Expert Series, Life Underwriting

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Diabetes has been a longstanding area of interest for life underwriters. The Centre for Disease Control estimates that more than 30 million Americans have diabetes. The numbers appear to be rising, and it’s estimated that as many as 80 million Americans are living with prediabetes – the condition that typically leads to type II diabetes within five years. The numbers are impactful, especially since nearly 1 in 4 people with prediabetes are undiagnosed.

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Transformation Through Strategic Resourcing

Nov 30, 2018 10:57:43 AM / by Raymond E. DiDonna posted in Thought Leadership, Insurance, Industry News

 

As much as technology promises to be a boom to the life and health insurance industry, our business is a still very much a people business. While Artificial Intelligence (AI) offers opportunities to streamline our risk management processes and improve the customer experience, the core of what we do is driven by humans handling complex decisions and nuanced interactions.

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The Road to Innovation: Training AI to Work for Us

Nov 2, 2018 5:16:39 PM / by Brittainy Jones posted in Reinsurance Treaty, Artificial Intelligence

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The First Step in Digital Transformation: Process Review

Oct 31, 2018 12:48:34 PM / by Raymond E. DiDonna posted in Thought Leadership, Insurance, Industry News

The insurance industry is undergoing rapid digital transformation fueled by the average consumer’s desire/willingness to engage online. In a study released by EY Global, 80% of customers said they were willing to use digital and remote channel options for different tasks and transactions.

Digitization has the potential to dramatically increase customer engagement at a lower price point – both perennial challenges for the industry. It also has the potential to improve the underwriting process, leading to a better overall customer experience. Nevertheless, digital transformation requires more than simply applying technologies to current processes.

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Lead with Feedback: How to Build a High-Performing Team

Oct 19, 2018 4:14:05 PM / by Raymond E. DiDonna posted in Thought Leadership

Managers tackle diverse responsibilities and competing deadlines – but the most important thing they manage is their team. In order to get the best performances from individuals and create a unified team, managers need to be well-versed in effective feedback strategies. Connecting with people and providing feedback that resonates is a critical skill to achieve your goals and get results.

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Lung Cancer, Non-smokers, and Risk Analysis for Life Underwriters: Expert Series Week 14

Oct 19, 2018 9:07:00 AM / by Elliott Dickson posted in Underwriting Expert Series, Life Underwriting

In this edition of our Underwriters Expert Series, we’re uncovering the risks associated with lung cancer – beyond cigarettes. Learn about other causes of this fatal disease and why life underwriters need to look at more than smoking status for assessment.

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Using Agile to Innovate Reinsurance Treaty Reviews

Oct 3, 2018 11:12:16 AM / by Valentin Makharinets posted in Reinsurance Treaty, Treaty, Agile

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What is the Connection Between Concussions & Critical Illness? Expert Series Week 13

Sep 26, 2018 4:01:45 PM / by Karen McLeod posted in Underwriting Expert Series, Underwriting, Life Underwriting

 

Welcome to our thirteenth installment of our Underwriting Expert Series. Check out the full series for more risk assessment tips. This week, our Senior Underwriter, Karen McLeod provides the essential knowledge you need to know as a life underwriter with regards to Concussions for Critical Illness (CI) and Life Insurance. Let's get right into it!

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AHOU Annual Conference - What to Expect?

Sep 17, 2018 2:38:09 PM / by Garen Markarian posted in Life Underwriting

A who?” is the typical response from anyone who has never heard of AHOU; The Association of Home Office Underwriters. If you happen to be in the life insurance industry, then you may have attended the Annual Conference which is held annually across North America. In 2018, the conference was in Chicago, and I was fortunate to be able to attend this four-day action packed conference. This was my first time attending AHOU, it was an exciting experience from which I was able to take away several expert insights to apply to my work.

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