Facilitates better risk selection, leading to increased sales and profits
Irix – Risk Score accelerates the underwriting process, enabling insurers to make a quicker policy decision. Risk Score delivers a better customer experience and a more cost-effective underwriting process for the insurance company.
Results in accelerated underwriting for low-risk applicants
Enables more efficient allocation of underwriting resources for average and higher-risk policies
Insurers can tune the Risk Score to increase issued business while improving mortality
Applicants can receive faster decisions for a better customer experience
What is Irix – Risk Score?
Irix – Risk Score is a prescription-based predictive model that simplifies the decision-making process by quantifying the relative mortality risk of life insurance applicants. This fast and accurate tool executes within Irix, delivering an easy-to-interpret risk score for each applicant. The model’s predictive value has been independently confirmed by multiple reinsurers.
Your choices regarding cookies on this site
This website uses cookies to provide you with an optimized experience. Refer to our privacy policy for more information regarding our use of data or click here to learn more about the cookies we use and how to disable them.