USAA Life Insurance to partner with Human API – Digital Insurance

USAA Life announced a partnership with Human API, a health data platform, to further digitize the life insurance buying process. 
Through Human API’s Health Intelligence Platform, which includes a patient portal network and HIPAA-authorized networks, USAA will have access to its members’ digital health data to improve the experience and make the buying process simpler and faster, according to the press release.
“Human API’s platform further expands our ability to provide our members the best experience buying life insurance,” said Chris Flint, senior vice president and general manager, life insurance at USAA Life, in a statement. “We were the first company to use digital health data and are continually looking for ways to improve our processes—including increasing the percentage of medical records we can receive digitally, which cuts down on the time that it takes to get life insurance coverage.”
The partnership is a part of an effort at USAA Life to automate its underwriting process.
“We are thrilled to be working with USAA. Human API is excited to assist USAA in continuing to deliver the best in services and experience to their members and we look forward to helping USAA power the future of digital health data and underwriting automation,” said Andrei Pop, CEO of Human API, in a statement.
A dozen honorees for the program’s 17th year.
In a competitive job market, the shortage of talent is having a significant impact on the strategies insurance companies are using to attract and retain employees.
Mario Rizzo, the current chief financial officer, will succeed Glenn Shapiro as president of property-liability.
Watch this collection of the most notable sessions from our recent events. Learn from the industry’s top minds as they tackle the critical issues facing our community.

Update adds features for searching multiple insurers and their commercial coverage offerings.
The insurer will offer 80 million shares in Corebridge Financial Inc. at $21 to $24 apiece in a proposed initial public offering, according to a statement Tuesday.
A dozen honorees for the program’s 17th year.
Recognizing emerging leaders in the insurance industry.
State Farm will acquire 133.3 million shares of ADT’s common stock at $9 per share, or 25% higher than Friday’s closing price, according to a statement Tuesday.
Cargo supply chain insurer offers parametric event coverage.
Our survey finds an industry excited to apply the accelerated consumer digitalization due to social-distancing mandates and other mitigation efforts to the insurance industry.

source

Leave a Comment