The Healix ASU Black Box provides sellers of Accident, Sickness & Unemployment (ASU) insurance with an efficient means to accurately underwrite any increased risk presented by customers with pre-existing medical conditions and to evaluate the risk of redundancy.
Easily integrated into existing sales processes - whether on-line, through a call-centre or via sales agents - the Healix ASU Black Box provides a fully automated risk assessment and rating service that takes just minutes to complete.
The ASU Black Box comprises two modules:
Each module generates an independent score which is used to quote appropriate terms according to the insurer’s own underwriting criteria. The question sets for both modules are seamlessly presented to the customer with the insurer having the option of suppressing the Redundancy Module if redundancy cover is not applicable.
Carefully worded questions allow the customer to provide all relevant information without having to make a separate phone call to underwriters or having to wait for doctors’ reports. And the customer is provided with a record of their answers and clear details of any medical conditions excluded from cover, ensuring clarity of cover from the outset.
The benefits of Healix’s ASU Black Box include:
For more information or to see a demo, contact HRRTeam@verisk.com or call +44 (0)20 8481 7765 (UK) or +61 (0)7 3171 2940 (Australia).
Healix Risk Rating is a Verisk Analytics Business