Mortality Risk Predictions
for Underwriting (insurance)
Underwriting Made Faster
and Smarter
Underwriting Made
Faster and Smarter
Our Mortality Risk Predictions
Next-generation models for mortality risk prediction, validated by a global reinsurer and Tier 1 broker, leverage a 25-year dataset of 500,000+ individuals. Combining science and AI in a self-improving system, Klarity delivers actionable insights for risk assessment, personalized recommendations, and health improvement.
The problem
Inaccurate current models
Current actuarial and underwriting (UW) models have not
capitalised on new sources of data that are emerging as
superior predictors of disease and mortality: lifestyle, digital &
blood biomarkers
Slow
Insurance underwriting has not evolved adequately to meet
customer needs – the buying process is slow and
cumbersome
The solution
Cost savings
Immediate underwriting cost savings through advanced AI-
driven analytics
Increase in applicants
Increased applicant pool by better identifying and
segmenting lower-risk individuals
No fluid testing required
Alowing for a faster and more scalable underwriting process
Reduce expenses
Alowing for a faster and more scalable underwriting process
Pre-screening models
Real-Time Data,
Smarter Risk,
Better Insurance
Wearable device data
Leverage wearable device data (e.g., fitness trackers and smartwatches) and Electronic Health Records (EHRs) to create a comprehensive and dynamic view of an individual's health.
Inclusive and efficient
Enable more precise underwriting that is both inclusive and efficient, opening up opportunities to insure previously underserved populations.
Accuracy
Offer greater accuracy in mortality predictions, surpassing traditional actuarial methods by integrating real-time and lifestyle data alongside historical medical records.
Cost savings
Drive cost savings and profitability for insurers by reducing overestimations of risk and improving pricing strategies.
Highlights
Evidence-Based Predictive
Modelling
Benefits
Smarter Decisions for Insurers,
Better Outcomes for Customers
Insurers Save
Enable accelerated underwriting (AUW) and continuous UW (primarily wearables)
Attract good risks from larger applicant pool
Increase accuracy of risk assessment
Allow for preferred rate offer (UW decisions)
Allow for offer of increased face amount
Understand risk profiles for wellness offerings
Reduce cost (wearable data replaces fluids)
Certifications & Standards
Ensuring quality, compliance and security
1/3
Head of Procurement
TUI Group
Credible, ethical and professional“I was tasked with sourcing a credible, ethical and professional testing provider to support our business needs. Klarity provided a global solution that was both innovative and market leading. Klarity’s technology driven solution resulted in a fully accessible, safe and cost-effective solution. It was a privilege to work with the team at Klarity.”
Other Klarity solutions
AI Powered Predictive
Analytics
Detection of chronic diseases, emphasizing cancer screening, with tailored programs and actionable lifestyle recommendations. Supporting individuals, corporates, and insurers,
Leran more
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Smarter Underwriting
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