Hannover Re UK Life Branch
Beyond risk sharing - we team up to create opportunities
Hannover Re is one of the world's leading reinsurers. It transacts all lines of property & casualty and life & health reinsurance and is present on all continents with more than 3,500 staff. Established in 1966, the Hannover Re Group today has a network of more than 170 subsidiaries, branches and representative offices worldwide.
Our business:
In the UK, we provide a diversified business model through three risk solutions:
Protection:
- A team of highly experienced specialists in mortality and critical illness.
- Over 2 million UK lives reinsured.
- A proven track record of innovation – supporting clients and strengthening their market appeal.
- Precision pricing that gives clients a competitive edge.
- Harnessing the latest technology to ensure accuracy and market impact.
Longevity:
- A legacy of innovation in annuities and deferred risk, built on decades of longevity expertise as the first reinsurer in the UK underwritten annuities market.
- More than GBP 30bn in UK longevity liabilities managed since 2008.
- An established provider for the Bulk Annuity market, with a proven track record and deep local expertise backed by a worldwide knowledge base.
Financial Solutions:
- Established market presence with a dedicated UK team since 2019.
- Combining global expertise with local insight, our specialist team designs innovative and bespoke structures and executes transactions swiftly across markets.
Finely-tuned solutions tailored to your business objectives to:
- Manage new business strain
- Support mergers, acquisitions and strategic initiatives
- Optimise and strengthen the balance sheet, including solvency capital, reserve and tax requirements
- Improve key metrics
- Meet liquidity needs
Our services:
Our actuarial, technical and underwriting teams collaborate globally to deliver specialist services to keep your business ahead in an ever-evolving industry including:
- Automated underwriting systems
- Biometric research
- Financial solutions
- Innovation & Digital
- Health (re)insurance & longevity solutions
- Data analytics
- Risk & claims assessment
- Research & development technology
Risk & claims assessment: our manual underwriting tools
hr | Ascent: A global, web-based, multilingual underwriting guide designed to drive faster and well-informed underwriting decisions.
- Covers 500+ conditions.
- Evidence-based guide for underwriting medical, occupational, avocational, sports, and geographical risks.
- Includes a calculation engine to ensure risk-appropriate decisions.
- Offers content versioning to review past decisions.
- Backed by international medical and actuarial expertise.
- Serves as both a decision-support tool and reference manual.
Underwriting Workbench (UWB): A workflow management system that streamlines manual underwriting processes and simplifies complex cases requiring underwriter attention.
- Covers key underwriting risks including medical, occupational, financial, avocational, and geographical factors.
- Enhances decision-making with dashboards, summaries, and documentation.
- Supports consistent data entry, spot checks, and audit-ready reviews.
- Ensures compliance with local regulatory and data protection requirements.
- Quick to implement and easy to customise.
Client Underwriting Portal (CUP): A secure, web-based referral channel that simplifies manual underwriting processes for faster decisions and improved oversight.
- Intuitive dashboard providing full case visibility, tracking, and management.
- Enables faster case handling and response times.
- Supports secure data exchange and storage.
- Quick and effortless to set up, with full compatibility with existing IT systems.
Read more about our manual underwriting tools here
Our claims assessment module (CAM): A smart, automated solution for declaring and assessing insurance claims, built on our advanced hr | ReFlex technology and a predefined claims rule set.
- White-label, API-based tool that digitises and automates claims, tailored to your needs.
- Seamlessly integrates with your systems or hr | ReFlex Claims Workbench.
- Utilises decision table logic to validate, refer, or reject claims.
- Advanced data processing for complex scenarios.
- Real-time claims tracking via an intuitive, branded dashboard with document upload.
- Transparent decision rationale to support assessors.
- Future-ready with multi-policy claims management
Our automated underwriting system: hr | ReFlex: Decades of underwriting knowledge and digital expertise at the service of your business
- Modular tool for automated underwriting, sales, MI and claims.
- Delivers real-time, risk-adequate decisions at point of sale.
- Seamless policy delivery via your business channels.
- Reduces referrals.
- Comprehensive add-ons.
- Frequently updated.
- Increased turnover and profitability.
- Easy to implement and also available as hr | ReFlex Express – a lighter, faster-to-deploy version with core functionality and no compromise on risk standards
Our data analytics service: hr | bluebox:
High-impact data analytics for retention management, cross and upselling, accelerated underwriting, claims analysis, and advanced model validation including machine learning models.
- Targeting bilateral financial value increase and risk reduction.
- Commitment to explainability and action derivation, no black-box software solution.
- Human actuarial expertise combined with advanced analytics.
- Strategic project approach ensuring maximum effectiveness and efficiency.
- Global expertise adapted to local opportunities.
Innovation & Digital:
A dedicated, centralised team - the Global Life & Health Digital Business Accelerator - driving innovation through digital projects in partnership with insurers, insurtechs, and big tech as well as:
- End-to-end support to evaluate potential partnerships, including pre-assessment of partners, due diligence leveraging our internal expertise, and co-creation of solutions with clients.
- Insights into insurtech innovations, expert opinions, and case studies on the impact of technology in the insurance industry through an innovation blog on hr | equarium.
Our newsletters & podcasts:
Stay informed with Hannover Re’s ReCent newsletters and RePlay podcast, which delivers expert insights into life and health products, medical and actuarial developments, industry trends and local news.
