Dynamic Risk Calculator Pro

Turn every risk into a confident decision.

Building on strong adoption across the Indian market, the Dynamic Risk Calculator enters its next chapter. Introducing Dynamic Risk Calculator Pro – designed for life and health insurers, it expands data access to enable faster, more precise financial underwriting decisions.

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Introducing the Dynamic Risk Calculator Pro – from inputs to actionable insights

The Dynamic Risk Calculator Pro empowers life insurers to transform their risk assessment workflows. By combining Munich Re’s deep risk expertise with alternate data insights, it helps enhance customer onboarding processes with greater speed and certainty.

Input: Only key applicant, demographic and policy details are required, keeping the process simple and efficient.

Rule engine: Accessible alternate data sources, Munich Re’s aggregated market insights, and our advanced risk assessment model together power the rule engine behind the Dynamic Risk Calculator Pro.

Actionable insights: This setup classifies profiles by risk level, identifies cases for financial check exemptions or closer examination and recommends next steps. Integrated data sources and real-time benchmarks from Munich Re’s database provide deeper insights to guide every decision.

Dynamic Risk Calculator Visual — The Dynamic Risk Calculator Pro at a glance

Why Dynamic Risk Calculator Pro?

Smarter segmentation, better customer experiences

Enhance your customer onboarding experience. Fast-track low-risk profiles and tailor the journey for higher-risk ones to deliver a superior customer experience.

Seamless workflows, better decisions

Connects directly to accessible third-party intelligence – minimising the need for manual document checks and allows for more accurate and consistent risk assessment.

Trusted by the market, powered by scale

With broad adoption across India’s insurance landscape, processing over 1.5 million policies in 2024 alone, the Dynamic Risk Calculator Pro draws from a uniquely large data pool.

Dynamic Risk Calculator Pro – what is new?

Financial waivers for better risk profiles

Integrated third-party intelligence

Improved fraud detection model

Streamline the customer journey with automated financial waivers for low-risk applicants – enabling faster decisions and reducing documentation requirements.

Leverage consented data from trusted external sources to enhance underwriting accuracy, reduce manual input, and enrich applicant profiles.

Identify suspicious patterns earlier and more accurately with an enhanced model that strengthens protection against adverse selection and fraud.