RGA launches digital health data scoring service

Global life and health reinsurer Reinsurance Group of America has made its Digital Health Data (DHD) Risk Scoring service available for US life insurers.

This real-time platform evaluates structured electronic medical record and medical claims data and derives an actionable underwriting risk score for integration within a carrier’s underwriting system.

“Electronic medical records and claims data are made up of literally hundreds of thousands of medical codes, which, up until now, has made applying this data to risk assessment prohibitively slow and complex for carriers,” said Dianne Schuetz, vice president, business initiatives, RGA. “RGA started dedicating resources to solve this industry challenge over a decade ago, recognising that this data would revolutionise the underwriting process.

“RGA’s deep expertise in medical underwriting, data analytics, and digital risk assessment has enabled us to build a robust platform from the ground up. Our DHD solution is designed for efficiency, transcending just the aggregation of electronic medical records and claims data, to provide interpretation, translation, and consistency for underwriters.”

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