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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.

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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.
📋 Steps:
1
Online PHS
2
Pending Issues Assessment
3
Decision Making
Points
✅ Main objectives:
  • ✔ Implement an objective and standardized decision-making process.
  • ✔ Ensure a clear evaluation, where responses result in approval or rejection.
  • ✔ Ensure consistency and transparency in the applied criteria.
  • ✔ Provide security and predictability in the underwriting process.
📌 Expected benefits:
  • ✔ Unambiguous decisions that facilitate policyholders' understanding of the criteria.
  • ✔ Robust and reliable process, with strict evaluation standards.
  • ✔ Transparency in result communication.
  • ✔ Compliance with international underwriting standards.
⚡Test now:
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