Insurance Networking News: As a leader in life and health insurance for Swiss Re, what excites you the most about wearables?

Neil Sprackling: This has the potential to be a mini revolution when it comes to the way we underwrite for life insurance risk. We as an organization and other companies are looking very actively at this. There are lots of organizations that are collecting data for purposes that have nothing to do with insurance per se, but they all have to do with improving the lifestyle and health of individuals. That can be used in a positive way to help people insure themselves more appropriately and more efficiently. I've worked in this industry 30 years. In terms of risk selection, this is the potentially biggest change that I've seen in my career. If you were talking to Swiss Re's chief underwriter, he would agree to that view as well. The way that people have to apply for life insurance is not the most consumer friendly experience. This would really, really change it. 

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