Industry News Archive
Trend in Transparency for Reporting Life Expectancies is Led by Advanced Underwriting Solutions
Advanced Underwriting Solutions leads the life expectancy (LE) market in a trend toward transparent reviews. In an environment of recent economic uncertainty, AUS continues to lead with the philosophy that it is vital to focus on consistency in the methodology and tracking of Senior Market impairments that have mortality implications affecting life expectancies. The LE’s provided by AUS provide in-depth detail on medical impairments combined with ICD codes - this allows investors a clear understanding of how to appropriately bucket risks within their portfolios.
In addition to transparency, AUS offers a tracking system with the ability to provide monthly reports to its client’s on the type of impairments assessed, and the trend of primary impairments affecting the Senior Market. In the past month, AUS reported that the leading impairment was coronary artery disease, followed by hypertension, cerebral vascular accidents and prostate cancer.
The AUS secure client portal makes it easy for clients to upload cases for review and for AUS to confidentially post LE reports. Because of this platform AUS has the ability to provide a three-day turnaround on LE requests without sacrificing quality or the consistency the market demands.
AUS, the only LE provider owned and managed by medical underwriters, will be exhibiting at the Life Insurance Settlement Association (LISA), November 6-7, 2008, in Washington D.C. Stop by the booth for additional information.
About Advanced Underwriting Solutions
Based in Aurora, Colo., AUS is a non-exclusive, independent life expectancy underwriting firm specializing in life settlement underwriting, older age and impaired risk underwriting, underwriting audits and management consulting. Traci Davis, AUS president, and Kevin Oldani AUS senior vice president, both have extensive older age and impaired risk underwriting experience. AUS is a registered Life Expectancy Provider in the states of Florida and Texas and a member of the Life Insurance
Settlement Association (LISA). For more information about AUS, call (303) 367-1129 or visit the company’s Web site at www.advanceduwsolutions.com.
