Webinar: When Good Enough Isn’t Good Enough: Revealing the Segmentation Benefits of Non-Medical Data by LexisNexis Risk Solutions Insurance

When Good Enough Isn’t Good Enough: Revealing the Segmentation Benefits of Non-Medical Data

About

For life insurance underwriting, the benefits of the “big three” sources of non-medical data are well known. Motor vehicle records are widely used in underwriting because it is intuitive that less risky drivers have lower mortality than risky drivers. Public records, liens and judgments also have widespread adoption as the predictive value of that data is widely accepted.

The real question is: Is that good enough? Or are life insurance carriers leaving strong indicators of predictive value out of the equation?

During this 40-minute webinar, we’ll share new findings that show the predictive value of non-medical data beyond the “big three” of MVRs, public records and liens and judgments. You’ll see the progression from the traditional “big three” non-medical sources to an intermediate model using broader credit attributes and finally the value a full non-medical data model and the positive behavioral indicators it can provide.

Agenda

Should positive behaviors, such as professional licenses, be evaluated?
Is payment history a predictive behavior for younger life insurance applicants?
What is the combined value of moving beyond the “big three” non-medical sources?
If your current approach is “good enough,” this session will show how market and consumer shifts suggest it will not stay that way for long—and how a more complete path can benefit your organization.

Presenters

Felicia McElhaney

Senior Director, Life Insurance Solutions

Felicia McElhaney is a Senior Director, Life Insurance Solutions at LexisNexis® Risk Solutions. She joined the organization in 2025 and is responsible for bringing new and updated life insurance underwriting solutions to market.

Felicia joins us from the start-up Dayforward, where she was Chief Underwriter and Director of Claims responsible for establishing overall underwriting philosophy and creating data-driven programs, scoring engines, and risk tolerance rules. Additionally, she’s worked closely with reinsurers, actuaries, technology partners and marketing to develop and bring innovative life products to market. Felicia has over 30 years of life underwriting experience and is passionate about the internal and external user experience.

Kevin Chalpan

Director, Product Management

Kevin Chalpan is a Director of Product Managementat LexisNexis® Risk Solutions. He joined the organization in 2016 and is responsible for the delivery and enhancement of solutions leveraging LexisNexis’ core data and analytic capabilities to solve client workflow issues for the home and life markets.

Prior to joining LexisNexis Risk Solutions, Kevin spent five years at The Hanover Insurance Group where he held analyst positions supporting home and auto products in State Management and Marketing.

Kevin earned a BBA in Risk Management and Insurance from the University of Georgia. He and his wife Lizzie live in Roswell, Georgia along with their two daughters Beatrice and Jane. In his spare time, he enjoys house projects and is currently building a treehouse for his daughters.

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