Do you have a full picture
of risk?

Life insurance carriers regularly leverage medical data and non-medical data (such as public records, driving history and credit) for risk decisioning. 

But most carriers look at medical and non-medical data separately, and that means they could be missing hidden opportunities—and hidden risks.

The 2024 LexisNexis® Risk Solutions Insurance Mortality Risk Management Study reveals that by combining electronic medical and non-medical data, carriers can identify segments with better-than-average mortality risk—even within populations considered high risk.

For example:

• Among applicants with type 2 diabetes, 10% have average mortality risk.
• Among applicants with asthma, 60% have average or better-than-average mortality risk.
• Among applicants with sleep apnea, 50% have average or better-than-average mortality risk.

By combining medical and non-medical data, carriers can uncover hidden insights to:

• Make faster, more informed decisions.
• Flag risky attributes to help mitigate mortality slippage.
• Identify applicants that can be accelerated—and those that warrant closer scrutiny during manual underwriting.

If you’re analyzing medical and non-medical data separately, you could be overlooking opportunities to improve decision-making—and missing hidden risks that could have long-term effects on the bottom line. Access the full report for our full analysis.