Reinsurance News
Munich Re Automation Solutions
Sun Life Malaysia to streamline underwriting process with Munich Re SaaS-based underwriting platform
6th September 2024
Sun Life Malaysia has adopted Munich Re Automation Solutions’ software-as-a-service (SaaS) underwriting solution to streamline the underwriting process and enhance its customer experience. This partnership will provide Sun Life Malaysia with a cutting-edge SaaS-based automated underwriting platform and analytics digital service. This will help them streamline their processes, reduce costs, and ... Read the full article
Munich Re Automation Solutions’ underwriting solution goes live with Brazilian life insurer
23rd May 2024
Munich Re Automation Solutions Ltd, a provider of automated underwriting and analytics solutions to the life insurance industry, has announced that its SARA risk assessment solution is now live with Brazilian life insurance firm, MAG Mongeral Aegon. SARA is a state-of-the-art digital underwriting solution, deployed at point-of-sale, which MAG will use ... Read the full article
American Family Life adopts Munich Re Automation Solutions’ SaaS platform
8th April 2024
Munich Re Automation Solutions has revealed that American Family Life Insurance Company is adopting its cloud-based automated underwriting and analytics solution, ALLFINANZ NOVA. ALLFINANZ NOVA is Munich Re Automation Solutions' SaaS platform that reportedly helps automate and accelerate the life insurance application and underwriting process and enhance the consumer experience. Grant Andrew, ... Read the full article
Munich Re Automation Solutions launches SARA Interview Screens
19th December 2023
Munich Re Automation Solutions Ltd, a provider of automated underwriting and analytics solutions to the life insurance industry, has unveiled an addition to its arsenal with the launch of the Interview Screens module for its automated underwriting point-of-sale solution, SARA. The SARA Interview Screens module, designed to be lightweight and flexible, ... Read the full article
Allianz Life & Munich Re Automation Solutions to launch SaaS-based underwriting solution
19th December 2023
Allianz Life has partnered with Munich Re Automation Solutions to implement ALLFINANZ SPARK, a SaaS-based automated underwriting and analytics solution. Through this partnership, the pair will be extending the broader relationship between several countries, globally. Allianz Life will help in launching the ePHI offering, digitizing the accelerated underwriting process for insurance, improving ... Read the full article
AI must be integrated into underwriting and claims processes: Munich Re’s Greene
6th March 2023
As artificial intelligence (AI) and machine learning technology continues to grow and expand within the industry, Patrick Greene, Vice President of Data at Munich Re Automation Solutions suggests that, eventually, AI must be “fully integrated” into the underwriting and claims process. “Those that have invested in state-of-the-art underwriting rules engines are ... Read the full article
Munich Re Automation Solutions’ SPARK adopted by Thai Life Insurance
27th February 2023
Munich Re Automation Solutions has announced that Thai Life Insurance has selected its cloud-based automated underwriting solution, ALLFINANZ SPARK to streamline the process of its life insurance applications. Munich Re Automation Solutions describes ALLFINANZ SPARK as a SaaS-based automated underwriting and analytics service that clients can implement easily into their current ... Read the full article
Munich Re Automation Solutions hires Andrew as VP, Customer Success
15th September 2022
Munich Re Automation Solutions, a leading underwriting automation Insurtech solutions provider, has appointed Grant Andrew as Vice President of Customer Success. He will be based in Chicago and will report to Munich Re Automation Solutions’ Chief Commercial Officer - Alby van Wyk. Within this role, he will be responsible for working directly ... Read the full article
Munich Re & Real Vida Seguros to deliver digital life insurance underwriting project in Portugal
19th May 2022
Global re/insurer Munich Re and Real Vida Seguros have announced the execution of a practical and innovative digital underwriting solution, based on technology developed by a subsidiary of the former, to serve the Portuguese life insurance market. The new system is based on tech created by Munich Re Automation Solutions, part ... Read the full article
Munich Re & National Friendly collaborate on income protection offering
2nd December 2021
Munich Re Automation Solutions Ltd., part of the global reinsurer, has partnered with National Friendly to support the launch of a new income protection proposition. National Friendly has adopted the ALLFINANZ SPARK solution to provide traditionally underserved members with simplified access to income protection. The solution's extensive analytics and reporting capabilities are ... Read the full article
MetLife France adopts ALLFINANZ suite from Munich Re Automation Solutions
28th October 2021
Munich Re Automation Solutions, a provider of insurtech solutions to the life insurance industry, has announced a new partnership with MetLife France, which has adopted the ALLFINANZ product suite to digitise its life insurance underwriting process. ALLFINANZ, with automated underwriting and analytics solutions, is expected to increase MetLife France’s straight-through-processing rate, ... Read the full article
Munich Re Automation Solutions launches Predictor in South Africa
15th October 2021
Munich Re Automation Solutions, a provider of insurtech solutions to the life insurance industry, has launched its predictive underwriting enablement technology, Predictor, in South Africa. ALLFINANZ Predictor is designed to simplify the deployment and integration of predictive models, helping firms to achieve greater automation, better evidence management, in-depth model performance monitoring ... Read the full article
Munich Re partners with Helvetia Seguros on digital life underwriting solution
2nd March 2021
Munich Re Automation Solutions, part of the global reinsurance group, has entered into a new partnership with Helvetia Seguros to implement an innovative digital underwriting solution for the Spanish life insurance market. The technology, which has been developed by Munich Re Automation Solutions, will enable Helvetia Seguros' intermediaries to offer streamlined ... Read the full article
Munich Re Automation Solutions enters partnership with MetLife Gulf
13th January 2021
Munich Re Automation Solutions, a subsidiary of the global reinsurer, has entered a partnership with MetLife Gulf to allow the implementation of its ALLFINANZ solution. It's hoped that adopting ALLFINANZ will enable brokers, agents, and Bancassurance partners to provide a more streamlined service to their customers in Bahrain, Kuwait, Qatar, United Arab ... Read the full article
Munich Re Automation Solutions expands Sun Life collaboration
10th December 2020
Munich Re Automation Solutions Ltd, an insurtech specialist and part of the Munich Re Group, has expanded its relationship with Sun Life Financial Inc. Currently, Sun Life advisers and clients in Canada are leveraging Munich Re Automation Solutions' cloud and managed services. This new and expanded collaboration provides access to various modules ... Read the full article
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