AXA selects Verisk for health insurance tools in Egypt
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AXA Life & Health Reinsurance Solutions has selected Veriskâs (NASDAQ:VRSK) Health Risk Rating Tool and Ratings Engine to aid insurance partners in Egypt in automating health insurance underwriting based on the declared pre-existing medical conditions of their customers.
This deal marks the first time Verisk has provided a product or service to Egyptâs insurance market.
"The new Ratings Engine feature of the Health Risk Rating Tool has vastly improved IMPACTâs accessibility and efficiency in providing bespoke health insurance products to a wider demographic of customers," said Laurent Pochat-Cottilloux, CEO of AXA Life & Health Reinsurance Solutions. "Customers with pre-existing medical conditions should now have a much better experience finding cover that suits them."
The deal builds on the company's existing relationships in China, Vietnam, and the Philippines.
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