Description: Panelelists at this session at the SOA 1998 Maui I Spring Meeting present their thoughts on how life and disability risk assessment and underwriting might be performed in the 21st century. Focus is on how technology can change and speed up the process.

Description: This is a report that summarizes a Survey of Life Insurance Utilization of Automated Underwriting Systems. It was sponsored by the Committee on Life Insurance Research, Marketing and Distribution and Product Development Sections of the Society of Actuaries and the research was conducted by Deloitte. The report covers many aspects of how much industry interest there is for automated underwriting systems, the goals life insurers seek to accomplish in using them, how the automated systems function, and how successfully they perform.