// May 5, 2025
(Image source: Munich Re alitheia page.)
MIB (Braintree, Mass.) has acquired Clareto (Richmond, Va.) from Munich Re Life US (New York) and formed a strategic partnership with the reinsurer to accelerate adoption of electronic medical data in life insurance underwriting. The initiative aims to improve data access and enable automated risk assessment through advanced analytics.
Jas Awla, President, MIB Medical Data Solutions.
The partnership integrates Clareto’s electronic health record (EHR) retrieval network with the MIB EHR platform, creating a combined offering positioned as a market leader. The joint solution will offer broader access to health data, enhanced summarization services, and automated workflows that support efficient, data-driven underwriting.
Clients will gain expanded access to medical records through additional data sources and summarization capabilities from RiskRighter, an MIB business. The platform will also leverage alitheia, Munich Re’s rapid decisioning tool, and offer services such as auto-pivoting to traditional attending physician statements (APS) when EHRs are unavailable.
Mary Forrest, President and CEO, Munich Re North America Life.
“The advancement of our electronic medical data solution is part of MIB’s broader strategy,” says Jas Awla, President, MIB Medical Data Solutions. “We look forward to expanding our relationships and data sources to advance our capabilities as the life insurance industry’s one-stop shop not just for medical records, but for all types of underwriting data. In addition, we are also excited to align with Munich Re for broad data analytic capabilities tied to electronic health records to streamline underwriting processes for our members.”
MIB and Munich Re Life US will also collaborate on industry-focused thought leadership and new analytic tools that promote innovation and automation in medical data use.
“Through our collaboration with Clareto we have developed a deep understanding of electronic medical data, positioning us to help our clients transform their risk assessment through market-leading tools like alitheia,” says Mary Forrest, President and CEO, Munich Re North America Life. “This collaboration with MIB will allow us to provide our clients with an entire set of new solutions to assist them in digitalizing their underwriting processes and delivering value across the insurance value chain. The result will drive quicker decisions and greater customer satisfaction that enables both new business growth and improved protective value.”
Brian Winikoff, President and CEO, MIB Group.
Increased Access to Medical data and Value-Added Services
“MIB continues to grow and diversify our portfolio of solutions to address the emerging needs of our members and the life insurance industry,” says Brian Winikoff, President and CEO, MIB. “The process to obtain quality data for underwriting remains highly fragmented, inefficient and time-consuming. We are excited to partner with Munich Re to provide the industry with increased access to critical medical data and value-added services that will enable faster, more efficient and confident decision making.”
Munich Re Life US and Clareto Launch Automated EHR Summarizer
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