Underwriting as a Service

Best-in-class manual underwriting from a risk assessment leader

Solve capacity challenges in life and disability insurance by outsourcing to a manual underwriting partner with profound risk expertise.

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Munich Re now offers a tailored manual underwriting solution that allows carriers to access our rigorous underwriting philosophy via a service that can be customized to address specific needs including accelerated underwriting kick-outs, traditional underwriting and post-issue audits, while also enabling innovative approaches through the integration of digital tools such as our own alitheia and Automated EHR Summarizer.

Best-in-class manual underwriting from a risk assessment leader

A comprehensive and adaptable underwriting solution drawing on deep risk expertise as well as the latest medical advancements, data sources, and technology.

Adapts to your requirements

Flexible staffing allows us to grow with our clients,  supporting volume surges and multiple underwriting methods while operating in either our workbench or a carrier's.

Insurance medicine expertise

Support from our medical risk experts ensures that impacts of new developments in disease, treatments, and technical advances are considered. 

Enhances digital solutions

We can support and adjudicate automated program kickouts to create an end-to-end underwriting process. By adding manual review, we can underwrite the entire program.

Our manual underwriting solution is designed to address specific carrier needs and also support the integration of digital tools that enable innovation. Our integrated team of risk assessment experts can create a customized and efficient program that ensures fast, agile and accurate underwriting.

Tim Morant

Chief Risk Assessment Officer

We’re excited to provide an end-to-end underwriting solution for our clients, extending the alitheia instant-decision platform to handle kick-outs and monitoring, or plugging into carriers’ existing workflow to support new products, new underwriting programs or simple capacity needs.

Brooke Tyson

2nd Vice President, Underwriting Transformation

Our approach supports a variety of use cases

potentialAccelerated underwriting program kick-outs - Accelerated underwriting programs typically result in a sizable percentage of cases being referred to an underwriter for manual review. We support both referrals from the alitheia risk assessment platform and others.

“Light touch” reviews - When accelerated underwriting programs designate a case as
unsuitable for automatic decisioning based on a medical attribute, Electronic
Health Records (EHRs) can often be used as an effective alternative to invasive and time-consuming traditional APS or insurance labs. 
Capacity/overflow support for traditional underwriting – When volume peaks or staffing levels dip, Munich Re can provide underwriting resources to augment your existing team. We can support full traditional underwriting, accelerated programs and everything in between.  You may use your existing workbench to avoid disruptions to existing processes and integrations.
Post-issue monitoring – Accelerated underwriting programs need to be monitored for slippage (aka: mis-classification) on a regular basis. Post-issue audits are an effective tool to obtain fully underwritten evidence post-issue to compare to the accelerated or automated decision that was rendered at time-of-issue.
Second looks – In addition to production underwriting, our team of underwriters can review previously underwritten cases to identify potential areas of improvement.