Life, Health, and Travel

Health Risk Rating Tool

Transform health insurance underwriting when you automate the assessment of medical conditions.

Automate medical risk assessment

The Verisk Health Risk Rating Tool helps you automate medical risk assessment and underwrite inclusively for your health insurance customers, including those with pre-existing conditions.

Underwrite at the point of sale

You can quickly and easily implement the Health Risk Rating Tool through an application programming interface (API) or widget plugin solution.

Increase market share

More inclusive underwriting will enable your organisation to help close the health insurance gap, and increase your market share.

Streamline claims workflows

The Health Risk Rating Tool can easily identify and match pre-existing conditions to claims using consistent medical codes (ICD 9 and 10).

AXA’s health insurance sales have increased by 30% since using the Health Risk Rating Tool. The tool’s ability to provide accurate risk rating outcomes and create efficiencies in our workflow have greatly improved the overall customer journey and significantly reduced manual underwriting intervention. We are grateful for our partnership with Verisk and will continue to provide our customers with inclusive insurance coverage tailored to the individual.

Fred Ding

AXA Global Healthcare China

Managing Director

Inform your underwriting decisions

Verisk automates medical risk assessment, providing information to support fast and consistent responses. Instant results follow the completion of a simple, intuitive self-declaration of a customer’s medical conditions.

Inform your underwriting decisions

Integrate your own rules into the Health Risk Rating Tool

When you use the Ratings Engine to enhance the Health Risk Rating Tool, you can embed your own underwriting rules, providing real-time cover decisions to end users and creating a robust use case for brokers and other insurance intermediaries.

Integrate your own rules into the Health Risk Rating Tool

Risk assessment training is vital to any insurance sales operation. Access the Health Risk Rating Tool e-training for a convenient, interactive learning experience where and when you choose.

Start e-training

Features and capabilities

Automated assessment of pre-existing medical conditions

Increase conversion rates and cut overhead using our dynamic question set, which generates relative risk scores to represent the total medical exposure of pre-existing conditions—without the inefficient and lengthy underwriting process.

Consistent Medical Coding

Identify pre-existing conditions using consistent medical codes (ICD 9 and 10), which can help match pre-existing medical conditions to claims.

Robust analytic foundation

Gain insight from our industry-leading experts in medical risk assessment, who develop and maintain the Health Risk Rating Tool analytics based on understanding the natural progression of medical conditions and claim costs.

Deliver inclusive underwriting experiences and expand your market with automated assessment of travelers’ pre-existing medical conditions.

Learn about the Travel Risk Rating Tool

Contact us to learn more

Please contact us for questions, technical support, or to reach a salesperson. We are available Monday through Friday, 9 a.m. — 5 p.m. BST:

Global toll-free:

International Access code, then 800 48977489.

Main toll-free:

1-800-888-4476

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