Description: Read the April 2019 issue of Product Matters! published by the Product Development Section.

Description: The paper describes a cost-benefit analysis to determine the value of electronic health records (EHRs) in life insurance accelerated underwriting programs. Sample cases from a carrier were underwritten pre-EHR and post-EHR and the mortality savings estimates from risk class changes using EHRs was compared to procurement costs. Results were developed to cover a range of scenarios. Factors to consider for carriers evaluating the cost-effectiveness of using EHRs in their own accelerated underwriting programs are also described.

Description: Farewell memo from outgoing section chairperson to section members.

Description: Chairperson’s views on the changing life insurance industry.

Description: Factors for insurers to consider when developing their first equity-indexed universal life product.

Description: discussion of a new product idea for retirement planning which integrates a variety of needs estate death benefit, annuity income, disability income, etc. into one product

Description: This article discusses the importance, measurement and improvement of product development efficiency.

Description: This article warns product actuaries about arbitrage schemes using charities that might adversely affect mortality experience.

Description: New chairperson’s column discussing his goals for the Product Development Section.

Description: Part 2 of the article continues providing data on why IUL income streams need to be managed and suggests techniques that insurance companies could provide to policyholders and advisors to do so. The author also offers his research data free of charge to any actuary who contacts him to request it.