PHS Binary
PHS Binary

Reference for building the Care Pathway:

Association of Insurance Supervisors - CH

Inspired by traditional underwriting processes adopted by global insurers, such as those practiced by Lloyd's of London and supported by IAIS documents, DPS Binary follows a rigid decision-making system.

In this model, candidate responses result in a dichotomous decision: approval or rejection of the proposal, with no room for intermediate gradations.

This rigorous method reflects evaluations that prioritize consistency and standardization, ensuring objective decisions based on well-defined criteria, as recommended by various international industry publications.

Care Pathway for PHS Binary

Inspired by traditional underwriting standards adopted by global insurers, as exemplified by Lloyd's of London manuals and IAIS criteria, DPS Binary follows a rigid decision-making system. In this model, the intelligent system collects and cross-references information from questionnaires, exams, and clinical records, applying strict criteria that result in a dichotomous decision: approval or rejection of the proposal. This approach ensures consistency and standardization in risk assessment.
πŸ“‹ Steps:
1
Online PHS
2
Pending Issues Assessment
3
Decision Making
Points
βœ… Main objectives:
  • βœ” Implement an objective and standardized decision-making process.
  • βœ” Ensure a clear evaluation, where responses result in approval or rejection.
  • βœ” Ensure consistency and transparency in the applied criteria.
  • βœ” Provide security and predictability in the underwriting process.
πŸ“Œ Expected benefits:
  • βœ” Unambiguous decisions that facilitate policyholders' understanding of the criteria.
  • βœ” Robust and reliable process, with strict evaluation standards.
  • βœ” Transparency in result communication.
  • βœ” Compliance with international underwriting standards.
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