Protection Covered: The future of underwriting

Q: What impact will new technology have on the future of underwriting? (from Chris Turner, operations director, TLD Wealth Management, Stockport) Helen Dick, senior manager (Underwriting & Claims Strategy) at Scottish Widows said: "Interesting question. One school of thought is that the art of medical underwriting is dying, with the digital world removing the need for traditional human underwriting. "It's a subject that has been written about on numerous occasions - even the BBC has a tongue-in-cheek calculator which gives a 66% chance that robots will replace the insurance underwrite...