PartnerRe launches new digital underwriting solution life, DUET Edge
PartnerRe has launched a digital underwriting solution for life insurers called DUET Edge by PartnerRe.
DUET Edge is intended to simplify the process of buying life insurance and create “an intuitive customer journey”, while also allowing PartnerRe’s life reinsurance clients to automate their risk underwriting.
It has an embedded life insurance sales platform and handles medical underwriting and vocational, sports and international travel risks, seamlessly linked to predictive algorithms. It offers enhanced flexibility within the underwriting rule base, enabling each life insurer to define its own risk selection philosophy and to adapt questions to the applicant and to any type of product.
Marc Archambault, PartnerRe’s chief executive officer for life and health said: “Drawing on PartnerRe’s extensive, global expertise, we aimed to create a solution that offers true harmony between expert underwriting and sales. Thanks to DUET Edge by PartnerRe, our clients now have a simple and flexible tool that is easy to integrate and customise, allowing them to achieve growth while maintaining a rigorous selection policy.”