Insurance carrier Nationwide has partnered with health data platform Human API in a bid to improve the life insurance buying experience by maximising the use of digital health data.
Human API’s Health Intelligence Platform connects electronic health data from thousands of course in the US, servicing millions of Americans.
Nationwide said the platform enables Nationwide to rapidly acquire consumer’s rich, digital health data and eliminate the need to wait weeks for labs or exams.
The company’s platform is powered by a robust and comprehensive data network which includes access to electronic health records (EHR) networks, health information exchanges (HIEs), patient portals, and traditional APS retrieval partners.
Coupled with smart evidence orchestration capabilities that optimise for the best data retrieval paths and a reporting engine that presents useful information to underwriters at the right time, Human API said its solution is helping leading carriers easily access and use health data to transform underwriting and customer experiences.
Lee Fluharty, chief underwriter for Nationwide’s life insurance business, said, “Nationwide and Human API are committed to a customer-centric experience that delivers fast and transparent life insurance to the consumer.
“By obtaining an applicant’s medical history in a digital format, we start providing value to them before a policy is even issued in the form of a faster, smoother process.”
Andrei Pop, CEO of Human API, added, “”Our platform allows insurers to capitalise on the availability of digital medical data, using this data to shape their life insurance application process into a smooth, end-to-end digital experience for their consumers, previously unattainable with manual processes. We are thrilled to be working with Nationwide to redefine the life insurance buying process for their consumers.”
Earlier this month, Nationwide partnered with Quanturi to deploy its HAYTECH agricultural technology solution to help protect agricultural losses.
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