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Postclaim underwritting and the verification of insured information : evidence from the life insurance industry
Recurso electrónico / Electronic resource
MAP20190014021
Bisco, Jill ‌
Postclaim underwritting and the verification of insured information : evidence from the life insurance industry / Jill M. Bisco, Kathleen A. McCullough, Charles M. Nyce
Sumario: This research investigates information verification by life insurers with respect to postclaim underwriting through denied and resisted claims. We provide a theoretical model to explore the optimal strategy for insurers regarding preloss versus postclaim underwriting. Using differential cost structures, the model predicts that it is possible for some insurers to follow a strategy of postclaim underwriting while others do not. Evidence of this is found in the empirical analysis. Insurers that postclaim underwrite are identified by a decrease in underwriting expenses and an increase in the claim investigation expense in conjunction with increases in denied and resisted claims
En: The Journal of risk and insurance. - Nueva York : The American Risk and Insurance Association, 1964- = ISSN 0022-4367. - 01/03/2019 Volumen 86 Número 1 - marzo 2019 , p. 7-38
1. Seguro de vida ‌. 2. Reclamaciones ‌. 3. Estrategias ‌. 4. Underwriting reserves ‌. 5. Suscripción de riesgos ‌. 6. Modelos predictivos ‌. 7. Cálculo diferencial ‌. I. McCullough, Kathleen A. ‌. II. Nyce, Charles M. ‌.