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USA: Legal and General Brings in SelfieQuote Tool

This article on Insurance Business NZ website discusses how 'selfies' are to be used in the insurance industry with the introduction of SelfieQuote which uses a photo of the consumers face to estimate their age, gender and BMI using facial analytics technology.

This is part of a growing trend towards trying to completely crush the time it takes to quote and apply for insurance cover. Lemonade in the United States has made your address the main piece of information required to quote. Increasingly insurers and reinsurers are looking at non-medical data to categorise their clients into risk pools - eliminating entirely the '30 year memory-test' approach to underwriting or the dangerous alternative of non-underwritten cover.

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