Strategies for Success: Two Key Digital Approaches for Underwriting Individual Life Insurance Policies – Part 2
Once you know you need better underwriting, how do you fix it? Two ways: accelerated and continuous underwriting.
What’s the difference between typical underwriting, and accelerated & continuous underwriting? And why does it matter?
- Faster & more accurate risk assessment
- Ability to fine-tune underwriting needs to match market conditions
- Assessing risk throughout a policy’s lifecycle, and rewarding safe customers