Munich Re starts auto-underwriting Swedbank customers

A major bank in Sweden and the Baltic countries, Swedbank, has rolled out digital underwriting for life insurance customers. Implemented by Munich Re Automation Solutions, the ALLFINANZ platform has been integrated to deliver auto-underwriting capabilities within its Swedish insurance business. Designed to create cost and process efficiencies, as well as improve customer experience, ALLFINANZ is a modular solution which allows Swedbank's business users to create, adapt and amend underwriting rules in real time. An interview engine has also been implemented. Chosen following a selec...