Digital Health Risk Assessment

We use digital data to calculate the risk of diagnosis for over 800 conditions, along with Extra Mortalities and Morbidities, saving applicants hours filling out long questionnaires or visiting the doctor.

Qumata works with insurers to help price life or health insurance policies using activity data recorded through smartphones and wearable devices. In collaboration with our partners, our versatile solutions support agent, brokered and online channels.

Qumata's solutions integrate seamlessly with your existing back-end systems. This allows you to effectively price policies without compromising on your core pricing strategy.

• Individual Life and Health Products: This product suite makes it easier for a customer to buy a life policy and allows insurers to increase conversion and profitability.
• Group Life and Health Products: Our group offerings help insurers offer more competitive pricing without losing margin. The data driven approach means that more insight and understanding of the underwritten population can be generated. 

Step 1 - Collecting real end data

On a permission basis, we collect activity data from applicants’ smartphones and wearables. Not only is this highly efficient, it minimises the information collection process and allows decisions to be taken on actual behavioural data.

Step 2 - Calculating an accurate risk profile

Our proprietary and proven algorithm calculates the risk percentage for over 800 medical conditions at the push of a button.

Step 3 - Translating the risk profile for your objectives

The risk profile can be translated into the relevant Extra Mortality or Extra Morbidity values to fit your existing pricing tables. We can make adjustments according to your different product lines and unique requirements ensuring that the Qumata solution complements and enhances your existing system.