WOBURN, Mass.--(BUSINESS WIRE)--SBLI (The Savings Bank Mutual Life Insurance Company of Massachusetts) announced it has partnered with Swiss Re, a leading global reinsurer, to empower its life underwriters with Swiss Re’s Underwriting Ease solution, a state-of-the-art digital tool that summarizes key aspects of risks to underwriters, accelerating decisioning beyond automation.

“Swiss Re’s Underwriting Ease puts actionable information at the underwriters’ fingertips,” said Jim Morgan, president and chief executive officer of SBLI. “This streamlined view enables faster risk decision-making, adding efficiencies and improving the overall experience. Including this innovative platform to add tangible business value to SBLI's underwriting process is aligned with our strategic mission.”

Neil Sprackling, president and CEO of U.S. life and health at Swiss Re said, "We are delighted to deepen our existing relationship with SBLI with the implementation of Underwriting Ease. Swiss Re's mission is to make the world more resilient, and this partnership delivers on that through the development of innovative tools that enhance the underwriting experience for our clients."

Driving the Data Strategy Forward with Underwriting Ease

Underwriting Ease seamlessly integrates into existing underwriting workflows and connects with Life Guide. Designed by underwriters for underwriters, it facilitates end-to-end digitization while preserving core underwriting principles.

"Swiss Re's Underwriting Ease solution provides a powerful, data-driven approach that streamlines risk assessment and accelerates decision-making,” said Brian O’Connell, chief underwriter at SBLI. “By summarizing key aspects of risks in a user-friendly interface, it empowers underwriters to make faster, more informed decisions—going beyond mere automation to truly enhance the underwriting process. This solution not only saves time but also ensures a more accurate, consistent approach to managing risk, which is crucial in today’s fast-paced insurance landscape."

"Providing a holistic risk picture view has helped optimize manual underwriting efforts by upwards of 50%. We are excited for our valued partners to unlock the full potential of underwriting data," said Nanditha Nandy, head of data-driven underwriting solutions at Swiss Re.

About SBLI

For more than 115 years, The Savings Bank Mutual Life Insurance Company of Massachusetts (SBLI) has specialized in providing simple, affordable life insurance solutions. Whether it be term life, whole life or a plan that combines the two, SBLI offers solid protection and caring customer service at a fair price. For more information, visit www.sbli.com.

About Swiss Re

The Swiss Re Group is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cybercrime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally.