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Doug Ingle of Hannover Re US Elected to AHOU Hall of Fame | Business Wire

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ORLANDO, Fla.–(BUSINESS WIRE)–Hannover Life Reassurance Company of America (Hannover Re US), member of

the Hannover Re Group, announces the election of Doug Ingle, Vice

President, Underwriting Research to the AHOU (Association of Home Office

Underwriters) Hall of Fame.

AHOU is the world’s largest association of life underwriters. Each

year it elects a limited number of professionals to its Hall of Fame.

Inductees are considered pioneers in life risk underwriting, selected

for their fervent and active industry contribution via research,

published articles, speaking engagements and education.

Doug began his underwriting career, which spans over four decades and

includes experience with both direct life Insurance carriers and

reinsurers, after graduating cum laude from Hamline University, St.

Paul, Minnesota in 1974. He joined Hannover Re US in 2010 with a breadth

of underwriting experience and a penchant for underwriting and mortality

research.

One of his key industry contributions occurred in the wake of the

introduction of preferred risk underwriting in the 1990s. Doug’s

research focused on unmasking the inner workings of the Framingham Risk

Score when he realized the potential value in applying those techniques

to preferred underwriting and pricing. The Framingham Risk Score was

first developed based on data obtained from the Framingham Heart Study

to estimate individuals’ 10-year risk of developing coronary heart

disease. The Framingham Risk Score was similar to the debits and credits

system used in life underwriting, but, more importantly, it isolated the

value of each risk factor using multivariate regression analysis, in so

doing, debits and credits weren't double counted.

He applied the techniques used for predicting heart disease in his

research to predict mortality. As a result of his efforts, Doug

co-founded a preferred risk pricing program, authored the ALU (Academy

of Life Underwriting) chapter on preferred risk underwriting and wrote

an article in On the Risk in 2002 that described the mathematical

techniques employed. Recently, the life industry has launched similar

data analytic efforts. His published work describing how to apply

multivariate mathematical techniques to life underwriting predated the

industry’s predictive analytics movement by almost two decades.

Other noteworthy industry contributions include a treatise for

underwriters describing how to translate medical literature into

underwriting guidelines and a course teaching underwriters how to read

EKGs. Once he mastered converting mortality findings into actuarial

present value dollars, he co-authored the ALU chapter on cost-benefit

studies and published a protective value study in On the Risk.

After learning how to create a traditional actuarial mortality study,

Doug unearthed the extraordinary similarity between Cox multivariate

regression results and traditional actuarial studies, thus closing the

gap between medical literature, underwriting and actuarial sciences. He

published his findings in 2013.

In addition to his FALU (Fellow of the Academy of Life Underwriting) and

FLMI with Distinction (Fellow Life Management Institute), Doug has been

extremely active within industry associations. He's past chair of the

Morbidity Mortality Liaison Committee and Underwriting Experience

Studies Committee. He also served on the SOA’s Individual Life

Experience Committee and Underwriting Criteria Team. Doug has spoken at

many regional and national SOA (Society of Actuaries), AAIM (American

Academy of Insurance Medicine), AHOU, HOLUA (Home Office Life

Underwriters Association) and IHOU (Institute of Home Office

Underwriters) meetings.

Doug’s work has been published extensively in On the Risk, Journal

of Insurance Medicine, Contingencies. Best’s Review.

“We're proud of Doug’s lifetime achievement award from the AHOU. Doug

has been an industry leader with his research using alternative sources

such as NHANES and other mortality data. He's unique talents that

bring together the underwriting profession and analytics,” said Kevin

Oldani, Senior Vice President and Chief Underwriter.

About Hannover Re US

Hannover Life Reassurance Company of America (Hannover Re US), which is

licensed and/or accredited in all 50 states, the District of Columbia,

Puerto Rico and Guam, is the North American life and health reinsurance

subsidiary of the Hannover Re Group. Hannover Re, with gross premium of

EUR 17.8 billion, is the fourth-largest reinsurer in the world. It

transacts all lines of property &. Casualty and life &. Health reinsurance

and is present on all continents with around 3,300 staff and a network

of more than 140 subsidiaries, branches and representative offices. The

rating agencies most relevant to the insurance industry have awarded

Hannover Re very strong insurer financial strength ratings (Standard &.

Poor’s AA- “Very Strong”. A.M. Best A+ “Superior”). For more

information, visit www.hannover-re.com.

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