Data Science

MassMutual’s LifeScore Labs and Swiss Re Partner to Bring LifeScore360 to Market

‘Machine Learning Risk Scoring’ a Superior Approach to Measuring Mortality Risk

BOSTON and ARMONK, N.Y., March 20, 2018 – LifeScore Labs and leading reinsurer Swiss Re today announced a collaboration to support LifeScore360, LifeScore Labs’ standards-based algorithmic risk scoring solution. LifeScore360 will be offered as an additional analytics option for Swiss Re’s automated underwriting system (Magnum). In addition, Swiss Re will more generally support the use of LifeScore360 in life reinsurance transactions in the U.S. LifeScore Labs was created by Massachusetts Mutual Life Insurance Company (MassMutual) to bring to market select intellectual properties developed by MassMutual’s Data Science team.

“MassMutual’s commitment to investing in data science and technology to develop risk scoring solutions with the potential to set a transparent, industry standard benefiting consumers and life insurance carriers alike is validated through LifeScore Labs’ partnership with Swiss Re,” said Sears Merritt, Chief Data Scientist, MassMutual. “Swiss Re’s recognition of LifeScore360 furthers our mission of delivering a new standard in measuring mortality risk and enabling accurate, efficient and transparent underwriting decisions.”

Advanced risk-assessment algorithm

LifeScore360 is an advanced risk assessment algorithm, distinct to the industry, leveraging millions of data points over decades of experience to produce a comprehensive mortality risk score. LifeScore360 is a secure, web-based solution that provides a risk score, detailed visualization of contributing factors and suggested score ranges for each risk class.

“Swiss Re is committed to being at the forefront of improving the customer experience and closing the life insurance protection gap. We were therefore delighted that MassMutual asked us to partner together on LifeScore360, which is clearly a major evolution for life insurance underwriting and the consumer. We are excited to help other carriers unlock the combined power of risk selection and automation that LifeScore360 and Magnum can provide,” said Neil Sprackling, President Swiss Re U.S. Life & Health.

...a major evolution for life insurance underwriting and the consumer

Gareth Ross, MassMutual’s Chief Digital Officer, added, “Swiss Re has a history of thought leadership and introducing new solutions to drive innovation in the life insurance industry. Partnering with Swiss Re furthers a joint commitment to help our entire industry to better estimate and price risk and deliver protection to more consumers.”




About LifeScore Labs, LLC
LifeScore Labs, LLC (LifeScore Labs), a wholly owned subsidiary of MassMutual, was established to bring to market select intellectual property created by MassMutual’s Data Science team. LifeScore Labs has launched LifeScore360, an algorithmic risk scoring model for the broader insurance carrier market in the U.S. LifeScore360 can significantly reduce the time and expense to underwrite a life insurance policy and produce consistent, transparent and interpretable results. Visit
About Swiss Re
The Swiss Re Group is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cyber crime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally. It is organised into three Business Units, each with a distinct strategy and set of objectives contributing to the Group’s overall mission.