News - Japan: SBI-AXA Life Insurance introduces Japan's first automated underwriting engine for life insurance
Source: Asia Insurance Review | Oct 2009
Japan’s SBI-AXA Life Insurance Company Ltd has announced the launch of a new processing system for life insurance applications. This will allow faster applications and lead to a higher acceptance rate. The new system is based on Allfinanz’s Underwriting Rules Engine (URE) and Munich Re’s Japanese underwriting rules set. It is the first of its kind in the Japanese life insurance industry.
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