Call for UK innovation investment as RGA wins in the US

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Lack of innovation investment in the UK insurance market has been highlighted by recognition of RGA's work in the US.

The reinsurer has had a new application of prescription mortality reports and an automated underwriting process named in Innovators Showcase, a peer reviewed collection of outstanding research published by US insurance industry publication Best's Review. RGA's Prescription History Mortality Research was used to develop underwriting rules based on individual use of more than 50,000 prescription drugs, with risk assessment variations by gender, age, mode of delivery and frequency of drug fills. These risk assessments reduce underwriting times spent researching drugs. RGA's Automatic ...

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