Leverage EHRs for accelerated Life insurance underwriting
As life insurers pursue more digitized customer experiences to meet rising consumer expectations, the race is on to make better use of electronic health records (EHRs) for accelerated, non-invasive underwriting. This new guide from Verisk and SCOR can help you learn how to collect a useful volume of EHR data, separate structured from unstructured daa and drive digital transformation.

McLaughlin promoted 
Katherine McLaughlin has been promoted to VP, Data Analytics. This is a key leadership role that is important to our future aspirations, and Katherine’s skills will be a great fit with David Zhu who was recently hired to Head the Data Analytics Team. Katherine’s unique combination of client facing experience and technical background make her the ideal person to bridge data analytics with the business and provide leadership in an area that is strategically very important to SCOR’s future. Katherine will complete her transition into these new responsibilities at the beginning of 2022.
Katherine has 12 years of experience with SCOR that covers both client responsibilities and key technical elements of our business including pricing, experience analysis, strategy and more recently leading some of our largest accounts with the client solutions team. 
Data Analytics has become a significant part of our everyday lives and is beginning to play an very important role in life insurance. Today the Data Analytics Team is focused on enhancing our underwriting automation capabilities and offerings.  These critical capabilities support our Propositions, RFP, and Velogica business.  As we look towards our new 2022-2025 strategic plan we anticipate that the impact of this team will expand considerably.    

Ash, Ameritas and SCOR reveal new instant decision term life 
Ash Brokerage, Ameritas and SCOR announce a new next-generation term life insurance product, Ash Instant term issued by Ameritas Life Insurance Corp. This innovative digital product is available to Ash advisors through the Ash Term Express platform. Together, the product and platform are transforming the life insurance landscape.

SCOR supports Verisk EHR Triage Engine Plus 
Obtaining life insurance could soon become quicker and easier with the launch of an automated solution from Verisk, a leading global data analytics provider. Developed with SCOR’s support, Verisk’s new EHR Triage Engine Plus leverages natural language processing and artificial intelligence to distill critical insights from medical notes in lengthy, consumer-authorized, electronic health records.

SCOR announces collaboration with Bayer and One Drop 
SCOR has announced a collaboration with the Life Science company Bayer and One Drop, a leader in digital solutions for people living with diabetes and other chronic conditions, to bring One Drop’s AI-powered digital health platform to life insurance carriers and policyholders across the United States. This joint effort aims to empower people to proactively manage their health through innovative products and to reduce the risk of life-threatening complications from medical conditions. 

SCOR participates in SOA Group Life pandemic mortality study 
Tom Britt, VP, Actuary, SCOR Global Life & Accident Pricing, contributed to the recently published Group Life COVID-19 Mortality Survey results. The report published by the Society of Actuaries compares group term life mortality results during the pandemic to prior period results. The report’s datasets include all group term life claims for calendar years 2017-2020 as of August 30, 2020, representing more than 1.4 million claims and over $70 billion in earned premium. 

SCOR, Covr Financial Technologies and Americo Life, launch LoanMatch Protector  
LoanMatch Protector product is an innovative life insurance policy customized to a consumer's specific loan amortization schedule. Loan originators and brokers offer the product during or after the loan closing process. LoanMatch Protector can be digitally integrated into any platform that an loan originator or broker uses, which makes it easier for consumers to apply and receive approval.

SCOR Global Life Americas releases Velogica® 5.0: The next iteration of innovative underwriting solution for life insurance
Latest Velogica aims to help protect families by facilitating easily acquired life insurance at affordable prices while integrating most advanced evidence sources digitally

Innovative term life Insurance provides monthly benefit
SCOR joins Haven Life and Afficiency to launch a radically innovative insurance option in the U.S. Called Haven Secure, this new term life insurance product provides a monthly financial benefit to the families of policyholders. Coverage aims to match a policyholder’s salary for a more intuitive purchase. The policy is underwritten in real-time to provide an instant decision on coverage eligibility – and if approved, customers’ coverage begins immediately.

This latest partnership demonstrates SCOR’s leadership to help make life products more relevant and desirable for end consumers.

SCOR supports Verisk's new technology to help streamline the U.S. Life underwriting process
In an era of increased amounts of electronic data and competitive advantages of fast underwriting decisions, SCOR recently partnered with Verisk, a leading data analytics provider, to develop a new tool that helps Life insurers to fast track applications, by using data from consumer-authorized electronic health records (EHRs). 
The EHR Triage Engine streamlines the manual underwriting workflow – reducing decision time from weeks to minutes. The tool bypasses manual workflows, leveraging advanced predictive analytics and automation to digitally ingest and analyze EHRs. It can evaluate 95,000 impairments in five minutes or less, so Life insurers can qualify as much as 85 percent of applicants for coverage with minimal or no underwriter review. 

New report on health & wellness sponsored by SCOR
SCOR collaborated with Coverager and several partners to explore how select companies are navigating this current pandemic environment. The resulting report chronicles the journey of health and wellness within the industry and the innovations that are currently driving dynamic developments in disease diagnosis and treatment.

SCOR supports innovative new term Life insurance product

SCOR has been instrumental in developing a new term life insurance policy that pays an employee's beneficiary an amount equal to the policyholder's paycheck every month — for up to 15 years after initial purchase — if they were to pass away during the coverage period. The Salary Protection product issued by MassMutual subsidiary C.M. Life provides more robust coverage amounts than other group life insurance policies, which generally pay out only 1 or 2 times the employee's annual salary.