Life Insurer Approves 45% More Policies with AI Risk Scoring
Modernizing underwriting with an AI-driven risk scoring engine on Azure that accelerates decisions while improving portfolio quality.
Project Overview
The Challenge
Traditional medical underwriting was slow and inconsistent, with high decline rates driven by manual interpretation of underwriting guidelines.
- 1Average underwriting time of 14 days losing customers to faster competitors
- 2Inconsistent decisions across underwriters affecting portfolio quality
- 3Inability to scale underwriting capacity to meet growing demand
Our Solution
CloudGate built an AI-augmented underwriting platform that scores risk in real time and gives underwriters explainable recommendations.
- Custom risk models combining medical, financial, and behavioral signals
- Straight-through processing for low-risk segments with full audit trail
- Underwriter copilot for complex cases with policy guideline retrieval
The Results
- Scaled underwriting capacity 3x without adding headcount
Technologies Used
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