Munich Re Automation Solutions, a digital underwriting solutions provider to the life insurance industry, has rolled out its new data analytics and reporting product known as ALLFINANZ Insight.

The new tool, which uses a creative and intuitive interface combined with 30 years of underwriting expertise, enables life insurance companies to unlock the insights hidden in their underwriting data.

Additionally, ALLFINANZ Insight integrates advanced analytical software with specialist analytical and underwriting expertise to provide an agile, feature rich, dependable data analysis solution.

Munich Re Automation Solutions, a division of Germany-based Munich Re, said that the ALLFINANZ Insight solution transforms complex sets of new business and underwriting data into consumable and actionable intelligence by means of pre-packaged dashboards and intuitive and adaptable interfaces.

Munich Re Automation Solutions vice president of business analytics Declan O’Neill said: “ALLFINANZ Insight encapsulates three decades of our experience in the life insurance industry, delivering innovative technology, and creating analytics products.

“Building on our capabilities, this new product delivers a step change in our customers’ experience and we are incredibly proud of it. We know our customers will love it!”

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ALLFINANZ Insight is available as part of the ALLFINANZ digital underwriting suite, a solution for new business and digital underwriting.