This system enables an insurance company to underwrite an insurance policy based on relevant insurability information…for potential customers by accessing the system…. Insurability information includes medical records, medical claims that are typically maintained and accessed from a healthcare provider or other third party databases and other information provided by potential-customers. System retrieves and utilizes this information to produce an underwriting score or value…...The score is computed based on a formula that takes into consideration the importance of the information in determining mortality risk, and is subsequently used in determining whether or not to underwrite the policy and corresponding price.

Crump Life Insurance Services, a leading wholesale distributor of insurance products in the United States, has launched Risk Righter(TM), a new service that supplies summarization and electronic delivery of life insurance policy application medical files and associated documents to support the new business process.

There is disclosed a system that enables an efficient and flexible way to provide automated rating and underwriting based on a specific set of rules. The system includes a software running on a centralized or distributed computing system and accessing different databases. The software system can be access by insurance carriers and their agents located in one single location or distributed geographically.