AUTOMATED MORTALITY CLASSIFICATION SYSTEM FOR REAL-TIME RISK-ASSESSMENT AND ADJUSTMENT, AND CORRESPONDING METHOD

摘要

Proposed are an automated, distinct-channel-based automated mortality classification system and a method for the automated assessment, measurement, and monitoring of preferred life risks, wherein life-risks associated with risk exposed individuals (31, 32, 33) are transferable to a first insurance system (2) and/or from the first insurance system (2) to an associated second insurance system (3). The system (1) comprises a table (10) with retrievable stored risk classes (101, 102, 103) each comprising assigned, triggerable risk class criteria (110, 111, 112). Individual-specific parameters (311, 321, 331) of the risk exposed individuals (31, 32, 33) are captured relating to criteria (110, 111, 112) of the stored risk classes (101, 102, 103) and a specific risk class (101, 102, 103) associated with the risk of the exposed individual (31, 32, 33) is identified out and selected of said stored risk classes (101, 102, 103) based on the captured parameters (311, 321, 331). The system (1) comprises a selectable first channel (21) providing a possible movement of specific single or select combination impairment risks not matching any class criteria to an accepted risk class, a selectable second channel (22) providing the movement of risks between different categorizations, thereby dynamically reclassify risks on a mortality consistent basis, and a selectable third channel (23) providing automated assessment of a risk decline.