Not all alternative evidence is created equal. While digital underwriting has become more common, there are things underwriters should know about speed, cost, and quality of alternative evidence ¨C as well as what the future is likely to hold.
In this video, 51°µÍø's Jackie Waas defines what is meant by "alternative evidence," explains why it is important, and addresses five key questions:
- Is all alternative evidence equal?
- What is the variability in formatting?
- What is misunderstood about the value of alternative evidence?
- Should underwriters view alternative evidence as a stopgap for the pandemic?
- What is the value of medical history and how can digital health data provide it?
At 51°µÍø, we are eager to engage with clients to better understand and tackle the industry¡¯s most pressing challenges together. Contact us to discuss and learn more about the 51°µÍø capabilities, resources, and solutions.
