Mass Mutual

Problem:

As part of MassMutual’s LifeRisk 360 initiative, Sears Merritt, MassMutual’s Chief Data Scientist wanted to use MassMutual’s historical records to analyze hundreds of millions of data points that characterized the health and behavior of millions of individuals spanning two decades. The problem was in finding a solution that could read historical handwritten forms at the speed and accuracy required to unlock usable data for mortality insights and to launch a risk assessment platform.

 

Solution:

With the help of Captricity, MassMutual used Captricity’s solution to create a proprietary dataset from millions of historical documents and launched its new LifeRisk 360 product in the fall of 2017 to reduce underwriting decision time and improve mortality risk selection. Here’s a link to the press release.

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