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Transforming Insurance in Two Key Areas
Transforming Insurance in Two Key Areas
Qumata helps insurers unlock the power of digital data in two critical areas: digital health data pipelining and risk assessment.
Our technology delivers real-time insights that streamline processes, reduce costs and improve customer journeys, giving insurers the tools they need to gather data and make faster, smarter decisions.
Digital Health Data Pipelining
Digital Health Data Pipelining
Qumata helps insurers unlock the value of real-world health data by building secure, scalable pipelines from the devices people already use every day. Through integrations with Apple Health, Google Fit, Garmin, Fitbit and other leading platforms, we enable the direct collection of step counts, heart rate, activity patterns and other digital health signals.
Our API connects this data to your existing systems, ensuring it flows smoothly from a customer’s smartphone or wearable into your underwriting, claims or engagement platforms. The result is cleaner, faster data collection that improves risk assessment and delivers a seamless customer experience, while enabling ethical, at-scale collection of digital health data. The potential applications of this data are significant as insurers move toward more health-based assessments.
Underwriting risk assessment
Underwriting risk assessment
Qumata helps life and health insurers assess risk at the point of sale by unlocking privacy-respecting digital health data. Traditional underwriting is slow, costly and intrusive. Our API integrates with your systems to deliver near-instant insight on health and fraud risk so you can onboard customers in minutes, not weeks. No forms. No clinics. Just a smarter way to assess risk from a customer’s smartphone or wearable.
Our proprietary models are trained on diverse global health datasets to estimate the likelihood of future medical claims. We comply with local data privacy laws, collect data only with informed consent, use it solely for assessment, and delete it after use.
Identify strong risks for straight-through processing, reduce fraud and non-disclosure, and spare agents unnecessary questions. A faster, simpler journey cuts drop-offs and lifts conversion, while lower operating costs unlock new revenue and support more competitive pricing.
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