Acenda has partnered with UnderwriteMe so medical evidence, including doctors’ reports and blood test results, can be accessed by Acenda’s underwriting engine.
Working with UnderwriteMe, states the firm, allows it to offer the country’s first end-to-end digital solution in the life insurance industry.
Jane Murray, COO, who leads Acenda’s underwriting function, said: “The underwriting process will be fully digitised creating a capability where automated underwriting decisions can occur where medical evidence is required. This will create a seamless experience for customers.”
Paul Hughes, UnderwriteMe’s Chief Revenue and Customer Officer, said that by leveraging technology to solve critical challenges in secondary evidence underwriting, Acenda is “…making it easier for Australians to obtain their cover in a swifter and smoother way”.
“We are delighted to have collaborated with Acenda and EQ Pathology in delivering this exciting, industry first innovation,” he said.
The collaboration with UnderwriteMe follows Acenda’s partnership with EQ Pathology. See our report: ‘Industry-First’ Initiative to Speed up Underwriting
I fear this will end poorly
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