Automating the Underwriting of Insurance Applications

  • Kareem S. Aggour
  • Piero P. Bonissone
  • William E. Cheetham
  • Richard P. Messmer


An end-to-end system was created at Genworth Financial to automate the underwriting of long-term care (LTC) and life insurance applications. Relying heavily on artificial intelligence techniques, the system has been in production since December 2002 and in 2004 completely automates the underwriting of 19 percent of the LTC applications. A fuzzy logic rules engine encodes the underwriter guidelines and an evolutionary algorithm optimizes the engine's performance. Finally, a natural language parser is used to improve the coverage of the underwriting system.