Product Development
RGA can support your growth objectives on a global scale. We combine professionalism, innovation, expertise and an emphasis on execution to help our clients develop new products and write more new business.
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RGA Capabilities
Click on a circle in the below diagram to learn more about each phase of the product development process
Strategy Development Insurance Product and Pricing Underwriting Distribution and Marketing IT/Operations Admin/Claims Reinsurance and Capital
We work with the following entities as a strategic partner:
- Life and health insurers looking to launch new products
- Non-life and health insurers seeking to cross-sell life and health products to their customer bases
- Distributors, retailers, banks, or affinity groups pursing life and health insurance sales
- Disruptive new market entrants
Clients trust RGA as their product development partner because of our:
- History and track record of successfully executed product launches
- Openness to new ideas and willingness to invest in new technologies
- Local presence and deep local market knowledge
- Ability to navigate complex local capital and regulatory environments
- Leading product ideas and strategies derived from a global view of trends and innovation
- State-of-the-art underwriting, rating, and pricing expertise critical to achieving product profitability
- Data-driven assumptions based on reputable sources and hard facts
- Outstanding client service and value
Our focus on specific product types has been fundamental in helping RGA achieve and sustain its leadership position. Examples of key RGA core offerings include:
- Critical Illness, Disability Income, Long-Term Care
- High Net Worth Universal Life
- Wellness
- Mortality and Life Protection Riders
- Simplified Issue Products
- Credit Life
- Condition-specific products (i.e. Cancer Reimbursement)
- Hospital Income, Hospital Reimbursement
- Group and Voluntary Products
- Takaful and Retakaful