Mortality Expertise + Technology = Instant Risk Scoring

REview the problem Potential policyholders want an accelerated, less intrusive underwriting experience, and carriers need minimal mortality slippage (as compared to fully underwritten risk assessment)
REveal the solution Velogica Lightspeed, a suite of new features enhancing SCOR's proprietary underwriting algorithm, including: an instant correlated risk score using only third-party data sources and predictive modeling, with the ability to customize to a client’s target market AI-driven accuracy with the rules-based safety net of Velogica so that clients can confidently predict which cases require no additional underwriting evidence with minimal mortality slippage new pipeline capability accommodates the wide variance within data from different clients, enabling data to be cleansed faster so that proprietary predictive models can be developed more quickly machine learning that reduces the number of criteria that must be considered to return underwriting assessment score Lightspeed eliminates most if not all manual intervention needed in data cleansing processes
REdefine our impact Velogica Lightspeed delivers more than 90% accuracy in identifying cases that don’t need additional underwriting requirements with less than 1% mortality slippage, saving underwriter time and approximately $100 per policy in requirements costs.
REiterate our offer Velogica Lightspeed offers two options for implementation: functionality fully integrated into Velogica to provide an automated and correlated risk assessment process, with minimized mortality slippage a simple risk score API that can be accessed by a client’s own underwriting process

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