Solution Financial Services
AI Risk Scoring for Life and Health Underwriting
An AI risk scoring engine on Azure for life and health insurers that speeds up underwriting decisions while protecting portfolio quality.
+45%Approved policies
-70%Decision time
+18%Portfolio margin
Typical outcomes for this kind of engagement. Results depend on your data and starting point.
THE CHALLENGE
Medical underwriting can take weeks because every application waits on manual interpretation of guidelines, physician statements and paramedical reports.
- Long underwriting cycles losing applicants to faster competitors
- Inconsistent decisions across underwriters
- Ambiguous cases defaulting to decline
OUR APPROACH
CloudGate builds an AI-assisted underwriting platform on Azure Machine Learning that scores mortality and morbidity risk in real time from medical, financial and behavioral signals, and routes low-risk segments straight through with a full audit trail.
- Custom risk models combining medical, financial and behavioral signals
- Straight-through processing for low-risk segments with a complete audit trail
- Underwriter copilot retrieving guidelines and summarizing medical history
MORE LIKE THIS