Ready to see this supertool in action?
Risk Score's predictive power and durability have been proven in study after study. Talk to us to learn more.
Irix
Find risks and opportunities that aren't visible to the naked eye.
Risk Score makes it possible to see unseeable risks, both high and low. Our prescription-based predictive model quantifies the relative mortality risk of life insurance applicants from rich, high-quality data. You can combine its core Prescription Data input with Medical Data or Credit Data—or both—to get a single, multivariate score with even greater predictive value. This risk assessment supertool quickly executes within Irix Rules Engine to deliver a highly accurate score for each applicant (whether the risks are obvious or unintuitive), empowering underwriters to confidently see what the human eye can’t.
You can strategically use Risk Score by itself or with various combinations of datasets to fearlessly reach your business goals, add distribution channels and product offerings, and improve customer service.
Meet consumer demand for faster service while realizing cost efficiencies that drive up sales and profits. Tune the prescription-based Risk Score model to preferred thresholds to quickly issue policies without compromising mortality.
Drastically increase issue rates, slash mortality, or balance both with the addition of our industry-leading Medical Data. Our medical claims data is unmatched in volume, quality, and interpretation, revealing hidden conditions and their severity in real time. The combined data inputs deliver unprecedented depths of risk stratification for clear-cut policy placement. Initial studies are showing significant benefit-to-cost results.
Confidently write business from the slivers of risk segments you would normally hold in doubt by combining widely available, FCRA-compliant consumer credit attributes into the model’s single data flow.
Take Risk Score’s predictive power to the max with all three datasets. The combination of medical proxy and lifestyle indicators rapidly renders a score with the greatest accuracy and risk stratification insights
Risk Score's predictive power and durability have been proven in study after study. Talk to us to learn more.
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