Nationwide is set to streamline its life underwriting process through a groundbreaking new partnership with DigitalOwl.
The partnership aims to leverage DigitalOwl’s advanced platform, which transforms medical data into meaningful summaries. This initiative seeks to enhance the underwriting process for Nationwide, ensuring better, faster, and more accurate reviews of applicants’ medical histories.
Through this collaboration, Nationwide aims to introduce engaging AI technology for its underwriters, ultimately benefiting potential members.
The adoption of DigitalOwl’s innovative technology aligns perfectly with Nationwide’s commitment to digitalisation, automation, and the use of generative AI in the life underwriting process.
The partnership enriches the underwriting experience by leveraging modern artificial intelligence and generative text technologies, enabling underwriters to focus on important medical data rather than manual and administrative work.
Additionally, it sets the foundation for further technical advancements, such as chat functionality within medical records.
Erin McClintock, Director of Underwriting Innovation for Nationwide’s Life insurance business, stated, “By partnering with DigitalOwl, Nationwide is bringing in an engaging AI technology for our underwriters that ultimately benefits our potential members. This partnership perfectly aligns with our commitment to digitalisation, automation and the use of generative AI in the life underwriting process.”
Yuval Man, co-founder and CEO at DigitalOwl, added, “We are excited to partner with Nationwide. By adopting DigitalOwl’s innovative technology, Nationwide is not only stepping boldly into the future of AI but doing so responsibly. We’re proud to support them in this journey, ensuring that their move towards advanced technology is both strategic and sustainable.”
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