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When an individual purchases a life insurance policy, the assumption is that the insurance company will be there to pay the claim, whether tomorrow or decades from now. Behind the scenes, however, the life insurer itself may not shoulder the entire risk of that policy. Instead, it often transfers a portion of the obligation to another insurer, known as a reinsurer.

In the rapidly evolving world of life insurance, accelerated medical underwriting (AUW) has emerged as a groundbreaking process, significantly simplifying and speeding up policy issuance.

The days when purchasing a life insurance policy required an invasive medical exam are mostly in the rear view mirror.

This month we talk to an industry expert to learn about technology and AI in life insurance underwriting and where the future may lead.