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Digital Solutions
Digital Solutions

In our fast-paced world, “digital” has moved from being just a descriptive word to being a foundation of how we seek information, interact with businesses, and conduct our daily lives. We at Gen Re help our clients create digital solutions across the insurance value chain.

Around the World

We are working with multiple large insurtechs in the accelerated underwriting space. These insurtechs are developing new tools by leveraging health, credit, and other data that can assess mortality risk.

In collaboration with these companies, as well as with insurance carriers, we are evaluating these tools to help the carriers reduce underwriting time and effort, and increase throughput of applications while at the same time minimizing mortality slippage.

Recent Publications

Monitoring the Trends

What's new in the digital solutions world?

Having a finger on the pulse of the trends affecting the insurance industry is another way we help our clients stay ahead of the curve. We share our knowledge and global experience with innovations in client onboarding, underwriting, and risk assessment as well as post-policy issue engagement.

How Is AI Being Used to Enhance Traditional Life Underwriting?
We discuss how life underwriting decisions predicted by an AI model can work with the traditional underwriting process, and how to balance efficiency and accuracy. We describe the benefits that life underwriting with AI can bring to insurers, as well as some of the challenges.
Dr. (Celia) Ying Zhang
On the Pulse of Policyholders with Wearables
Insurtechs offer innovative solutions for insurers to use wearable data that provides deeper insights into customer behavior and enables personalized offers. Insurers and their customers can benefit from working with these tech start-ups.
Pinar Darici, Tim Eppert
What is Claims Digitization and Why Do We Care?
Digitization is the crucial step in a business’s digital transformation process. Claims management is perfectly suited for implementing automated systems and digitizing transactional claims processes. This blog looks at key terms and the value and changes coming to the claims discipline.
Patricia Bailer
Generative Artificial Intelligence in Insurance – Three Lessons for Transformation from Past Arrivals of General-Purpose Technologies
Past arrivals of GPTs offer insights into potential implications of the diffusion process of Generative AI. What do these observations imply for an insurer’s technology choices in the Generative AI adoption process? How can business leaders steer the diffusion of this technology in the organization?
Frank Schmid

Contacts

 

We take an end-to-end approach to the service we provide. Whether you are looking for fresh insight into new product development, access to leading underwriting tools and expertise or assistance with a challenging claim, we have the people and platforms to help.

For further information please contact Sarah Salem or Pinar Darici.