What:
SCOR has launched Vitae Mental Health solution to ease the complex classification of mental health risks, while ensuring the circumstances of the individual customer are considered.
Why:
It has traditionally been very difficult to diagnose anxiety and depressive disorders, meaning the diagnosis may change over time. The presence of many differing factors and scenarios can make the insurance assessment of depressive and anxiety conditions complicated for the underwriter.
How:
- This new solution is backed by the most up-to-date and relevant evidence.
- It includes new features organized around differing scenarios that will assist the underwriter in providing more individualized assessments.
- In order to take into account localized factors that contribute to mental health and ensure an accurate approach to assessing the risks related to mental health in a given market, Vitae Mental Health will initially be made available for the Australia and New Zealand markets and will be extended to other markets over time.