Advancing Canadian life underwriting through innovative use of digital medical data

Munich Re, Canada (Life) and ExamOne® are collaborating to support the use of digital medical data in the Canadian life insurance market through ExamOne’s LabPiQture™ solution and Munich Re’s alitheia risk assessment platform. The collaboration brings together data, risk assessment expertise, and analytics to help insurers enhance underwriting insight, operational efficiency, and improve the application experience.

What the ExamOne and Munich Re collaboration delivers

As part of ExamOne’s expansion in Canada, LabPiQture provides access to historical laboratory data that has traditionally required manual collection. These insights enable a richer understanding of applicant health and mortality risk and support more data-informed underwriting decisions.

Munich Re’s alitheia aligns data sources such as digital laboratory data with underwriting rules and models. Through the collaboration, Munich Re supports insurers in understanding how ExamOne’s LabPiQture™ can be evaluated and applied within the Canadian underwriting framework.

Why this matters for the Canadian life insurance industry

Canadian life insurers continue to balance the need for accurate risk assessment with rising expectations for faster, more consistent, and more efficient underwriting. As underwriting models evolve, the industry is increasingly exploring ways to incorporate new sources of medical insight that can complement existing evidence and processes.

Access to broader medical information can help insurers reduce manual data collection, better understand health patterns over time, and support more consistent underwriting outcomes. For the Canadian market, this represents an important step in modernizing underwriting practices while maintaining strong risk management.

Munich Re’s role

Munich Re brings extensive expertise in underwriting, actuarial analysis, and reinsurance consulting to support insurers as they adopt new underwriting data sources. Through this collaboration, Munich Re helps clients:

• Interpret laboratory data for mortality and risk relevance

• Align new data sources with underwriting philosophy and governance

• Support broader underwriting transformation initiatives

By incorporating alitheia into existing underwriting workflows, insurers can leverage new data sources to increase underwriting automation and straight-through processing, with the aim of reducing cycle time and improving the insurance-buying experience for applicants in Canada.

Supporting underwriting innovation in Canada

Together, Munich Re and ExamOne aim to help life insurers assess risk more accurately, streamline underwriting operations, and enhance the overall application experience. The collaboration brings together data, underwriting expertise, and market insight to support thoughtful adoption of innovative underwriting capabilities in the Canadian life insurance market.

Learn more

To learn more about this collaboration or how Munich Re supports data-driven life underwriting in Canada, please contact your Munich Re representative.

About Munich Re, Canada (Life)
Munich Re, Canada (Life), a full-service branch of Munich Re Group, is a leading reinsurer in Canada with a significant market presence in all lines of life and health reinsurance. Munich Re is committed to servicing the Canadian market from our offices in Toronto and in Montreal as well as our clients in the Caribbean and surrounding regions. Leveraging a rich legacy spanning decades and a track record of profound risk expertise, we are focused on driving digital transformation and innovation throughout the insurance value chain – all with the goal of bringing unique value to our insurance partners and transforming the customer experience.

About ExamOne
ExamOne, a Quest Diagnostics company, is committed to empowering decisions with health-based insights and providing consumers with innovative solutions that enhance the application process. Through instant retrieval of historical health data, as well as convenient, customizable personal history options, and national specimen collection capabilities, we provide quick and reliable insights for life insurers.