Foxo SPAC Presentation Deck
SALIVA-BASED UNDERWRITING
Market share capture
Insurance carriers adopting accelerated underwriting (1) (2)
1
2014
10
FOXO INVESTOR DECK 2022 Page 34
2016
23+
2018
46+
2020
(1) AMERICAN ACADEMY OF ACTUARIES Simplified Issue and Accelerated Underwriting (page 9)
(2) Automated and Accelerated Underwriting Life Insurance Company Practices in 2019 (page 12)
(3) FitchSolutions United States Insurance Report Q4 2021. Society of Actuaries, Emerging Underwriting
Methodologies. (2018) Study provides a estimates of % policies submitted through accelerated underwriting
for 2018, 2023, and 2028 of 42%, 57%, and 79%, respectively.
Projected policies eligible for accelerated underwriting
and modelled saliva-based underwriting market share capture (3)
12,000
10,000
8,0 00
6,0 00
4,000
2,000
2022
2023
Accelerated underwriting
Medical underwriting
2024
Target market opportunity is the projected growth
in accelerated underwriting
2025
2026
Accelerated underwriting projected growth
2027View entire presentation