<div>
  <ul>
    <li>
      <p>
        Munich Re Life US partnered with Paperless Solutions Group (PSG), a cloud-based software solutions provider for the life insurance industry, to form a new solution to accelerate and improve the accuracy of its underwriting capabilities.
      </p>
    </li>
  </ul>
  <ul>
    <li>
      <p>
        The new solution combines Munich Re's alitheia, a risk assessment and instant decision system, with PSG's eValuate PLUS, an underwriting tool that captures relevant application information and provides real-time preliminary quotes based on carrier-specific underwriting guidelines.&nbsp;
      </p>
    </li>
  </ul>
  <ul>
    <li>
      <p>
        The company claims the solution will enable life insurers to improve straight-through processing rates of applications in the range of 40%&ndash;50% (double the industry norm), shortening the application process. In the meantime, any ineligible applications will be automatically sent to Munich Re&rsquo;s Underwriter Workbench for data-assisted manual underwriting.&nbsp;
      </p>
    </li>
  </ul>
  <ul>
    <li>
      <p>
        In addition, the new solution is adaptable to different life products, target markets, and distribution channels and easily integrates with carrier front and backend systems.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.businesswire.com/news/home/20230323005197/en/Munich-Re-Life-US-and-Paperless-Solutions-Group-Announce-Risk-Assessment-Solution-that-Transforms-Life-Insurance-Underwriting">
      Company press release
    </a>
  </p>
  <p>
    <a href="https://www.coverager.com/munich-re-life-us-partners-with-paperless-solutions-group/">
      Coverager 
    </a>
  </p>
  <p>
  </p>
</div>


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