Our predictive models help life insurers assess risk with speed and accuracy.
How? Our models were built, trained and tested on one of the industry’s most expansive data sets. And the larger data set, the more accurate and consistent the predictive results. Models trained on large data sets uncover patterns that would otherwise be impossible to find.
LifeScore Labs’ models are created from one of the earliest investments in data — an investment that’s transformed risk assessment and life underwriting by leveraging key data points such as:
At the same time we were building a data set to transform the business, we also built a team of data scientists who are skilled in advanced predictive tools like AI and machine learning. That team applied their expertise to create, validate and test our predictive solutions.
The result is a suite of LifeScore Labs predictive risk models like LifeScore Med360 (proven to be more accurate than traditional underwriting), LifeScore EHD360 and LifeScore Fluidless, all of which speed risk assessments, accelerate the underwriting process and enhance the customer experience.