Have AI prepare underwriting and premium calculation

Insurers calculate risk and premiums in life and health insurance

Needs setupStrictly regulatedAssessing & selecting peopleInsurance

Fits: Finance & accounting

Applications in life and health insurance are assessed faster and more consistently. Clear cases go through quickly, and underwriters have more time for difficult ones.

Is this for you?

  • You process many applications with health questions and have fixed underwriting guidelines.
  • You can justify every rating factor actuarially and want to do the same for an AI model.
  • Underwriting, actuarial, compliance and data protection work on the project together.
First step today

Without customer data: list the factors used in your underwriting or in the planned model, and have them checked with the template below for whether they indirectly reflect protected characteristics such as sex or ethnic origin. Discuss the result with actuarial and compliance.

How to go about it

  1. Disclose purpose, rating factors and acceptance rules
  2. Assess the legal position
  3. Check existing data for gaps and proxy factors
  4. The model proposes, the underwriter decides
  5. Inform applicants
  6. Regularly check decisions for fairness

Templates to copy

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The complete guide

  • 6 steps explaining exactly what to do
  • 3 proven templates to copy into your own AI
  • Safe use: data, checking, deciding, informing
  • Pitfalls, effort and how to recognise success

With the training you get all 430 guides for as long as your access runs.

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Same approach, other use cases

16 more use cases follow the pattern “Assessing & selecting people”.

Advise jobseekers on suitable retrainingAnalyse fleet driving behaviour to reduce accidentsAssess private customers’ creditworthiness transparentlyCheck prospective tenants’ creditworthiness fairlyFind suitable candidates in profiles and your databaseHave AI pre-mark essays and examsHave AI pre-sort job applicationsHave online exams supervised by cameraHave practice tasks adapted to learners’ levelIdentify training needs from service conversationsMatch temporary workers to suitable assignmentsConduct first job interviews via video AI
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VS-03 · Legal status 08.10.2026 · Life and health insurance (Annex III No. 5c)