Iris: Life Insurance Underwriting's Secret Weapon

Irix is a prescription-based predictive model that helps life insurance companies to assess an applicant's eligibility for coverage. It simplifies the decision-making process by quantifying the relative mortality risk of life insurance applicants. This allows insurers to make quicker policy decisions, improving the customer experience and making the underwriting process more cost-effective.

Irix – Risk Score is a prescription-based predictive model that simplifies the decision-making process

The Irix Suite of insurtech products offers new and faster ways of doing things, widening your vision on business risk while narrowing in on individual cases that make all the difference in performance, profitability, and growth. This allows you to make decisions with unprecedented confidence.

Irix Risk Score is integrated with Sapiens UnderwritingPro rules engine, which enables insurers to make quicker policy decisions. This combination of underwriting excellence and enhanced user experience delivers a better customer experience and a more cost-effective underwriting process.

Life insurance underwriting is a detailed process used to assess an applicant's eligibility for coverage and determine the appropriate premium. The Irix Risk Score helps to accelerate this process by providing a single morbidity risk metric.

The Irix Suite of insurtech products offers new and faster ways of doing things

Irix is a prescription-based predictive model that simplifies the decision-making process by quantifying the relative mortality risk of life insurance applicants. It accelerates the underwriting process, enabling insurers to make quicker policy decisions. Risk Score delivers a better customer experience and a more cost-effective underwriting process for the insurer.

The Irix Suite is the most comprehensive source of electronic prescription histories. It provides interpreted data solutions for individual life, disability, long-term care, and Medicare Supplement insurance underwriting risk assessment.

The Irix Suite is designed to integrate seamlessly with IntelliScript's Irix – Risk Score. The UnderwritingPro rules engine works well with the new data, providing tremendous ease of use. The project proceeded smoothly and we successfully met an ambitious timeline.

Interpreted data solutions for individual life, disability, long-term care, and Medicare Supplement insurance underwriting risk assessment

Irix is a prescription-based predictive model that simplifies the decision-making process by quantifying the relative mortality risk of life insurance applicants. It is a fully automated underwriting engine that transforms data into actionable risk insights. It is used to assess an applicant's eligibility for coverage and determine the appropriate premium. Irix combines underwriting excellence with an enhanced user experience, including easier and faster access to information via intuitive graphical user interfaces.

The Irix Suite of insurtech products offers new and faster ways of doing things. It widens your vision on business risk while narrowing in on individual cases that make all the difference in performance, profitability, and growth. This allows you to make decisions with unprecedented confidence.

Irix is a powerful tool for life insurance underwriting. It provides a more comprehensive source of electronic prescription histories, enabling insurers to make quicker policy decisions. With Irix, life insurance companies can issue more life policies and improve mortality outcomes with best-in-class predictive modelling and risk scoring.

Irix is also integrated with IntelliScript, a strategic partner that offers innovative underwriting technology. The integration with IntelliScript's Irix Risk Score is seamless, and the rules engine works well with the new data.

Underwriting in life insurance is a detailed process that life insurance companies use to assess an applicant’s eligibility for coverage

Underwriting in life insurance is a detailed process that life insurance companies use to assess an applicant's eligibility for coverage and determine the appropriate premium. It involves a risk assessment to predict the mortality risk of the applicant.

One such risk assessment tool is Irix – Risk Score, a prescription-based predictive model that simplifies the decision-making process by quantifying the relative mortality risk of life insurance applicants. It is a fully automated underwriting engine that transforms data into actionable risk insights. Irix is part of the Irix Suite of insurtech products, which offers new and faster ways of doing things while widening your vision on business risk and narrowing in on individual cases. This enables decisions to be made with unprecedented confidence.

Patriot Life Insurance Company has upgraded its life and annuities underwriting capabilities by integrating Sapiens UnderwritingPro with IntelliScript's Irix – Risk Score. This has enabled them to benefit from straight-through-processing capabilities and advanced HTML5 web technologies, resulting in a quicker and more cost-effective underwriting process.

The latest version of UnderwritingPro offers tremendous ease of use

Irix is a prescription-based predictive model that simplifies the decision-making process by quantifying the relative mortality risk of life insurance applicants. It 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 insurer.

UnderwritingPro is a detailed process that life insurance companies use to assess an applicant’s eligibility for coverage and determine the appropriate premium. The Irix Suite of insurtech products offers new and faster ways of doing things. It widens your vision on business risk while narrowing in on individual cases that make all the difference in performance, profitability, and growth. This fully automated underwriting engine transforms data into actional risk insights.

The Irix Suite of insurtech products is a comprehensive source of electronic prescription histories. It offers best-in-class predictive modelling and risk scoring. It also provides a single morbidity risk metric to fight back against rate compression and increasing loss ratios.

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