The modular underwriting manual giving clients complete control and current content
RiskApps represents a fresh, flexible approach to delivering underwriting guidelines for the life and health professionals.
We have taken all the components of a traditional manual, and added a few more, to create a true ‘mix and match’ solution. This approach enables clients to select precisely the scope they need.
- Content included: RiskApps comes complete with content and ratings that can be customised in line with your own philosophy.
- Always current: This content is constantly reviewed and updated, ensuring your guidelines remain evidence-based and current in a changing environment.
- Comprehensive coverage: Get rating guidelines for all major product lines, including Life, Critical Illness, Disability Income, Long-Term Care, Total and Permanent Disability, and Hospitalisation
The RiskApps advantage – cost, control, and consistency
The easy way to a best in class underwriting manual
The cost of developing, customising and maintaining a proprietary underwriting manual can be prohibitive. Risk Apps provides the option to change this.
We provide a world class underwriting manual at a fraction of the cost. For organisations who need a dedicated manual, RiskApps is the key to taking control of your own underwriting philosophy.
RiskApps is used by both start-ups and established businesses, and is trusted by:
- Reinsurers
- Direct insurers
- Risk managers
SaaS – the smarter way of delivering underwriting content
RiskApps is delivered as a secure, hosted Software-as-a-Service (SaaS) solution, minimising cost, maximising control, providing instant access to the future of underwriting. It removes the administrative burden of ownership and ensures you always have the latest, most accurate content at your fingertips.
Core SaaS benefits:
- Significant cost savings: avoid the capital expenditure, time, and resource drain required to build, and maintain a proprietary underwriting manual. A quarterly subscription makes budgeting for RiskApps straightforward.
- Content: the environment is always changing, and so is our manual. As a SaaS client, you benefit from our continuous cycle of evidence-based research and review. We handle the updates, so your underwriters are always working with the latest guidelines.
- Immediate deployment: RiskApps can be implemented and configured for your organisation quickly. Since it’s cloud-based, your underwriting team, whether local or global, can access the manual securely from any location, on any device.
- Focus on philosophy, not maintenance: the SaaS model frees your internal resource to focus on what matters most, applying your strategy and refining your unique underwriting philosophy, rather than dedicating resources to system upkeep.
The RiskApps underwriting content
Manuals and calculators
Medical
Medical guidelines represent the heart of any underwriting manual, and RiskApps is no exception. Covering hundreds of medical conditions and related risk factors, its scope is all you would expect.
The medical section best illustrates the RiskApps philosophy for presentation of information – informative but concise and easy to use. Each medical topic is divided into:
- Description
- Causes
- Symptoms & diagnosis
- Treatment
- Assessing the risk
- Ratings
- Each is displayed in its own tab for easy reference.
Occupation guidelines
An applicant’s occupation is still a significant risk factor – especially for disability insurances.
RiskApps provides guidelines covering occupational risk in respect of a whole range of benefits. The guidelines are based on the duties carried out by the individual applicant (as opposed to the usual job title approach) ensuring the assessment truly matches the risk.
Sport guidelines
Guidelines for all the obviously risky sports and pastimes – and also for the less obvious ones that are significant from a disability viewpoint.
From abseiling to zorbing, RiskApps has it – with all the familiar ones like aviation sports, diving and mountaineering in between.
Travel guidelines
If the world seems a more dangerous place, it’s because news coverage of events around the globe is so extensive and so readily available.
While we all have a better idea of what is happening where, what are the real risks for mortality and morbidity?
RiskApps groups countries into four categories from those with little or no risk to those with significant extra risk.
And we can set up links to and direct feeds from websites appropriate to your market, giving your underwriters access to up-to-date information.
Financial guidelines
Financial underwriting is always a thorny subject. Cases with large sums assured/face amounts vary enormously in purpose and background, and each requires very individual assessment.
And yet the fundamental principles of financial underwriting apply to all cases, large and small.
The RiskApps financial section describes the principles of financial underwriting and contains guidelines for risk assessment. It also features a range of questionnaires covering essential background information.
Calculators
RiskApps has calculators for:
- Body mass index (BMI)
- Blood pressure
- Lipids (total and HDL cholesterol plus triglyceride)
- Liver function.
There is also a cardiovascular risk calculator that combines BMI, blood pressure and lipids with smoking and glucose metabolism, and takes account of the interactions between these risk factors.
The BMI calculator in particular can be made available as a stand-alone tool for use by agents, brokers and other financial advisers.
The technology behind the platform
Modern, secure, and scalable by design
SelectX RiskApps is built using a modern technology stack designed to deliver speed, reliability, and seamless integration into your existing business processes.
Core platform technologies
- Angular front-end
- OpenAPI WebAPI interface
- .NET C# Backend (Layered architecture).
Enterprise-grade hosting and security
- Hosted on Amazon Web Services (AWS)
- Security best practices followed throughout
- Automatic failover across web and database tiers
- Encrypted database
- Infrastructure-as-Code (IaC).
There couldn’t be a better route to an underwriting manual
Why choose RiskApps?
It’s quick. You can have RiskApps up and running in a few weeks – not months or even years
It’s incredibly cost-effective – far, far cheaper than building your own and enabling deployment of precious resources elsewhere
Because it’s provided by SaaS you pay monthly or quarterly – so with no huge lump-sum outlays budgeting is easier
It can be branded as your own
It’s flexible – you choose the scope you need. And if you need a more tailored solution, we can do that
It comes from an expert team and there’s a strong evidence base
Content is reviewed regularly so that it remains up to date
Its features are as good as – if not better than – any other manual
It uses proven technology
