Underwriting Services for the Life Settlement Market
Over the last few years, the life settlement industry has
experienced dramatic growth. This in turn has lead to an increased demand for underwriting
services to the life settlement industry. IBU recognized the market potential and need
among life settlement providers, insurance companies, and investors and in July 2005
began to provide case summaries in order to streamline medical records submitted for
Life Settlements.
In addition to summarizing Life Settlement cases, IBU also performs
Life Expectancy Estimates (LE’s). With the average industry turnaround being
between two and five weeks, IBU is able to offer our clients a competitive advantage
by providing turnaround time in just a few days. The IBU web-based system also allows
for easier, more secure processing of information.
Investors are using the IBU Life Settlement Underwriting service to perform application
reviews to ensure the validity and accuracy of Life Settlements submissions. Additionally,
we provide contestability reviews to help mitigate the risk of investing in policies
that are less than two years old or within the contestability period.
Currently, IBU has about 20 underwriters exclusively focused on the Life Settlement
Industry.
CUSTOMER
BENEFITS
Deep experience calculating Life Expectancy Estimates (LE's)
Very fast turnaround on LE's utilizing secure web based technology.
Experienced underwriting expertise to ensure
the validity, accuracy and contestability of Life Settlements submissions