© Munich Re / Daniel Grizelj

MIRA Digital Suite

The MIRA Digital Suite from Munich Re unlocks the full potential of digitalisation for life insurers.

The future of life insurance is here

The MIRA Digital Suite offers short processing times, individual product offers and accessibility via all channels. Its digital services provide the key to more efficient application and claims processes, as well as opening up product innovations and new client groups.

Unlock the potential of digitalisation

Discover how we can support you in closing the gaps in your digital processes.

The MIRA Digital Suite explained in two minutes

Many life insurers still have gaps at key points in their digital processes and services, which prevent smart utilisation of big data and artificial intelligence. This is where the MIRA Digital Suite comes into play. It offers a whole host of innovative tools, providing the building blocks for completely new business models. 

Five reasons to choose the MIRA Digital Suite: 

  1. Faster processing times for underwriting and claims handling
  2. Flexibly configured products
  3. Improved risk result 
  4. Access to the latest range of insurance solutions, which are continually updated
  5. Stringent data protection and security standards

The basics: MIRA — Munich Re Internet Risk Assessor

MIRA — the risk assessment tool for life and disability insurance underwriters
© Rights-managed (RM)
MIRA — the risk assessment tool for life and disability insurance underwriters

The MIRA Digital Suite from Munich Re is the result of decades of work to revolutionise efficiency. At its core is MIRA, the Munich Re Internet Risk Assessor, which covers everything related to risk assessment. This extremely powerful web-based risk assessment tool is integrated seamlessly into the application assessment workflow for all Munich Re life and disability insurance clients. 

MIRA offers an extensive pool of continually updated rating recommendations and evidence-based risk profiles, provides interactive access to Munich Re's underwriting expertise and delivers first-class documented results, which you can easily save and process in your own IT environment. This consolidated expertise and specialist knowledge from the global implementation of MIRA is channelled directly into the MIRA Digital Suite, making it exceptionally reliable and successful. 

The benefits of the MIRA Digital Suite

The digital services in the MIRA Digital Suite improve efficiency by ensuring that your digital application and claim assessment processes are completely seamless. These services eliminate the need for long forms and GP reports that are completed laboriously by hand, and consign the time-intensive processes and long waiting times involved in risk and claims assessment to the past. 

To give an example, CLARA halves the average time taken to settle disability claims from 200 to 100 days. In a best-case scenario, claims can be fully processed within just five days. 

The MIRA Digital Suite generates consistently structured data. Drawn from various areas such as underwriting and claims, this data is integrated into a single platform, making it easier to identify new and more precise findings. You will gain a deep insight into your underwriting and claims processes, your portfolio and the actuarial impact of specific risk and claims decisions. 

Working together with Munich Re, you will be able to develop new forecasting and prevention models based on these findings. In summary, as well as accelerating your business workflows, the MIRA Digital Suite offers an extremely powerful innovation platform, which can be used flexibly according to your digitalisation strategy.

At Munich Re, we always give our clients the flexibility to choose what works best for them. For this reason, we also offer the option of buying individual modules and services from the MIRA Digital Suite at fair prices. The added value grows with each additional module that you buy — through more comprehensive analyses, deeper insights, co-ordinated processes and common interfaces. 

Rest assured that if you decide to buy individual modules to start with, you won't end up with isolated systems — from the outset, you will benefit from an intelligently networked and integrated concept that can be expanded at any time and from the peace of mind that your business is ready for the digital future of life insurance.

The digital services in the MIRA Digital Suite can be quickly and easily integrated into your business environment and existing workflows. Connection options range from highly individualised via MIRA PoS through to "plug and play", the latter taking place via access to cloud-based solutions that do not involve any operational or technical effort. 

4 reasons to choose Munich Re

Standardised, up-to-date rules,
with individual rating rules on request
Cloud-based technology
with online access via easily integrated interfaces
Active data protection
with certified, GDPR-compliant security measures
Fully digitalised information
in consistent data formats plus state-of-the-art analysis tools and strategies
We use cookies on our websites to improve your experience as an internet user, and to optimise our online services. They comprise cookies that are required for technical purposes, and without which the website functionality could not be guaranteed. We also employ cookies to carry out statistical evaluations of the reach of our websites. These evaluations are anonymised. You can find further information on the cookies we use, and ways to object to the use of cookies for statistical evaluations, in our cookie guidelines.