Electronic Health Records

Reshaping the risk paradigm

Learn about the future of underwriting

Using electronic health records to facilitate superior risk assessment

Market growth and customer expectations continue to drive the need for faster decision-making throughout the insurance industry. Insurers can begin to address this need by replacing high-cost data sources such as blood and urine samples and attending physician statements (APS) with newer, lower-cost sources such as electronic health records (EHRs).

An EHR is a real-time, patient-centered record available quickly and securely to authorized users and designed to improve information sharing between medical providers. Simply put, an electronic health record is a digital version of a patient’s paper records. EHRs are positioned to create widespread value across the insurance industry by helping to facilitate superior risk assessment.

A holistic view of electronic health records

A modern solution for a modern challenge

Electronic health records have the richest electronic medical data and are available in real time, making them a sound replacement for traditional, hard-to-access data sources.

Creating widespread value through superior risk assessment

With electronic health records, carriers get a comprehensive medical risk profile they can leverage to evaluate an applicant’s health and issue an insurance policy while customers experience a better buying journey.

Delivering intelligent, digital solutions

Munich Re Life US and Clareto are leveraging our combined capabilities to develop cutting-edge risk models, scores and tools that will enable optimum use of electronic health records at scale.

The future of risk assessment

We foresee greater use of electronic health records for automated, quicker, and more accurate decision-making, as well as claim adjudication, scoring of employer groups, and in-force management.