Electronic Health Records
Reshaping the risk paradigm
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.
Munich Re Life US and Clareto to accelerate use of electronic health records
By combining the expertise of Munich Re Life US and Clareto, we will provide our clients with an entire set of new solutions to assist them in digitizing their underwriting processes and delivering value across the insurance value chain. The result will drive quicker decisions and greater customer satisfaction that enables new business growth.
As the availability of EHR data grows, we see a significant opportunity to combine Munich Re Life US’s capital strength and risk expertise with Clareto’s access to health data to provide the life insurance industry with a comprehensive, all-in-one solution.
A holistic view of electronic health records
Podcast: Embracing the World of Electronic Health Records
Listen to our introductory podcast on EHRs and stay tuned for more episodes!
Insights and perspectives into the latest EHR trends and solutions
About Munich Re Life US
As a leader in the reinsurance market, Munich Re Life US’s expertise expands from market-leading offerings that include individual life and living benefits reinsurance, group reinsurance and financial reinsurance, to predictive analytics, digital partnerships, and standard-setting underwriting and medical capabilities.
We believe that the digital economy offers an unprecedented opportunity for the industry to rapidly advance risk assessment and close the widening global underinsured gap.
Learn more about our insights and innovations.