Question

One source of life and health insurance underwriting information is an organization that life and health insurance companies can join. as a member, life and health insurance companies report health impairments of applicants, and this information is shared with member companies. although the information is shared, the underwriting decision of the member company is not disclosed. what is this organization called

Answer 1

This organization is called "Medical Information Bureau (MIB)".

The Medical Information Bureau is an organization, particularly an enrollment enterprise, who gathers data about health and life coverage candidates.  

The objective of the organization is to help with the endorsing procedure, by giving a way to confirm the data gave in health and life insurance applications.  

Over time, the MIB and the data they give has turned into the standard utilized by life coverage organizations to survey chance while evaluating rating classes to new customers.