Electronic Health Records

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. 

Leveraging our underwriting, medical and analytical expertise, Munich Re Life US is working with Clareto’s multi-disciplinary team to make it possible to replace time-consuming methods of obtaining applicant health information with newer digital records. Our goal is to create a comprehensive, all-in-one solution that addresses the gap between access to medical records and using them effectively across the life and disability industries.