Latest news with #EvidenceofInsurability
Business Wire
15-07-2025
- Business
- Business Wire
Gen Re Announces 2025 U.S. Group Medical Evidence of Insurability Underwriting Survey Results
STAMFORD, Conn.--(BUSINESS WIRE)--Gen Re has released results of the 2025 U.S. Group Medical Evidence of Insurability Underwriting Survey. The survey focuses on what staff companies provide to process Evidence of Insurability applications (EOI) as well as the methods used to process them, providing companies with an opportunity to benchmark their results against those of the industry. Twenty-one companies participated in this year's survey. Gen Re U.S. Group Medical Evidence of Insurability Underwriting survey results show participants received over 2.7 million EOI applications in 2024. Share Key results from this year's survey include: Participants reported receiving a total of over 2.7 million EOI applications in 2024. The average processing time for an EOI application is 11 business days. Many companies report having an automated or straight-through processing EOI system. However, a significant number of applications are still being reviewed by a medical underwriter. The top challenges facing group medical underwriting departments are managing volume during peak times, inefficient underwriting systems, technology deficiencies, and updating or developing applications for improved underwriting risk selection. The comprehensive report is available only to participating companies. A summary of key highlights is available online at About Gen Re Gen Re, a Berkshire Hathaway Company, is one of the leading Life/Health and Property/Casualty reinsurers in the world. Our North American Life/Health reinsurance company, General Re Life Corporation, has superior financial strength ratings among Life and Health reinsurers. Gen Re delivers customized reinsurance programs and risk management solutions for the Life, Medicare Supplement, Critical Illness and Individual Disability Income markets. Through our research, we also offer valuable information and insights.
Business Wire
08-07-2025
- Business
- Business Wire
Mutual of Omaha and bswift Streamline EOI for Employers
OMAHA, Neb.--(BUSINESS WIRE)--Mutual of Omaha has collaborated with bswift to streamline the Evidence of Insurability (EOI) process for employers who offer Mutual of Omaha insurance products to their employees. Mutual of Omaha has collaborated with bswift to streamline the Evidence of Insurability (EOI) process for employers who offer Mutual of Omaha insurance products to their employees. This automated, real-time connection eliminates the need for manual forms and paperwork, providing faster decisions and a more intuitive experience for both HR teams and employees. By integrating directly with the bswift platform, the EOI process becomes seamless — improving accuracy, reducing administrative work, and ensuring timely updates. 'We're proud to announce another relationship that enhances our goal to be the easiest carrier to do business with,' said Scott Ault, President, Workplace Solutions at Mutual of Omaha. 'Through this strategic relationship, we can help our customers improve their benefit programs while delivering a more streamlined, real-time benefits experience for their employees.' About bswift bswift LLC is a leading provider of cloud-based benefits technology and employee engagement solutions. Known for continuous innovation and our people-first culture, bswift enables clients to deliver rewarding experiences that maximize engagement, simplify benefits navigation, and optimize utilization. bswift's flexible, highly scalable platform offers personalized online enrollment, interactive decision support, AI-infused benefits support, ACA compliance reporting, and custom communications. Discover more at About Mutual of Omaha Founded in 1909, Mutual of Omaha is a highly rated, Fortune 500 organization offering a variety of insurance and financial products for individuals, businesses and groups throughout the United States. Mutual of Omaha is owned by its policyholders and committed to providing outstanding service to its customers. For more information about Mutual of Omaha, visit
Yahoo
08-07-2025
- Business
- Yahoo
Mutual of Omaha and bswift Streamline EOI for Employers
OMAHA, Neb., July 08, 2025--(BUSINESS WIRE)--Mutual of Omaha has collaborated with bswift to streamline the Evidence of Insurability (EOI) process for employers who offer Mutual of Omaha insurance products to their employees. This automated, real-time connection eliminates the need for manual forms and paperwork, providing faster decisions and a more intuitive experience for both HR teams and employees. By integrating directly with the bswift platform, the EOI process becomes seamless — improving accuracy, reducing administrative work, and ensuring timely updates. "We're proud to announce another relationship that enhances our goal to be the easiest carrier to do business with," said Scott Ault, President, Workplace Solutions at Mutual of Omaha. "Through this strategic relationship, we can help our customers improve their benefit programs while delivering a more streamlined, real-time benefits experience for their employees." About bswift bswift LLC is a leading provider of cloud-based benefits technology and employee engagement solutions. Known for continuous innovation and our people-first culture, bswift enables clients to deliver rewarding experiences that maximize engagement, simplify benefits navigation, and optimize utilization. bswift's flexible, highly scalable platform offers personalized online enrollment, interactive decision support, AI-infused benefits support, ACA compliance reporting, and custom communications. Discover more at About Mutual of Omaha Founded in 1909, Mutual of Omaha is a highly rated, Fortune 500 organization offering a variety of insurance and financial products for individuals, businesses and groups throughout the United States. Mutual of Omaha is owned by its policyholders and committed to providing outstanding service to its customers. For more information about Mutual of Omaha, visit View source version on Contacts Sephera Staley Mutual of Omaha 402-351-3096 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
