Velogica is SCOR’s automated underwriting platform and algorithm based on a patented process that utilizes electronic data in conjunction with application data to underwrite life insurance applications in real time, delivering results typically in less than one minute. Carriers have been using Velogica to underwrite life insurance applications since 2005 and SCOR’s implementation and underwriting expertise in this market is unmatched. Velogica is currently utilized in a wide variety of mortality and morbidity-based products, programs and distribution. The Velogica evalution (risk factors) can be used in various ways, such as Simplified Issue/Direct to Consumer, Accelerated Programs, Fully Underwritten Programs, and Group Voluntary.

SCOR’s mission with Velogica is to help protect families by facilitating easily acquired life insurance at affordable prices. SCOR is dedicated to continuously expanding automated and accelerated underwriting programs to higher face amounts while bringing the retail cost for coverage closer to rates supported by a fully underwritten process.