Life & Disability Underwriting Solution
Overview
Sixfold serves as the underwriting brain, enhancing confidence in every underwriting decision for insurers, MGAs, and reinsurers. It uses ten proprietary AI models to understand and apply an insurer’s specific underwriting guidelines. This allows Sixfold to provide personalized recommendations that match each insurer's unique risk appetite.
Key Features
- Summarizing medical regimens, procedure history, and condition management
- Highlighting relevant hobbies, family history, substance use, and criminal records
- Identifying discrepancies across application documents
- Prioritizing risk triage with a streamlined dashboard experience
- Providing full sourcing down to the page number for complete transparency
Key Benefits
Underwriters in life and disability insurance often have to manually sift through an extensive array of medical records and health documents, leading to significant delays and inefficiencies in the underwriting process. They spend hours examining submission data for a single decision, causing bottlenecks and extended case resolutions. While current solutions on the market can summarize medical documents, Sixfold goes beyond that. Our solution performs a comprehensive risk assessment using additional data such as lab results, lifestyle information, and substance use, presenting underwriters with a clear picture of the applicant in a fraction of the time. Our solution identifies the most relevant information and summarizes it into a digestible format. Additionally, Sixfold is risk-appetite aware, ensuring that cases aligning best with the carrier’s underwriting guidelines are highlighted, enabling underwriters to focus their time on the most suitable applications.