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News

New LE Product saves time and money
Advanced Underwriting Solutions now offers provisional reviews prior to initial purchasing decisions
Aurora, CO (January 27, 2009) – Advanced Underwriting Solutions (AUS) leads the life expectancy (LE) market in a trend toward efficiency with the introduction of the PRO-LE, a “provisional life expectancy review".
Approximately only 40% percent of LE’s are purchased after the reviews are completed. AUS’s new PRO-LE process will allow companies to save time and money by providing abbreviated information from the policyholder to AUS to obtain initial life expectancy numbers that will allow preliminary purchasing decisions to be made prior to paying for a full life expectancy review.
Because the PRO-LE allows for fast and less expensive processing on the front end, companies will save significant time and money by only paying for full life expectancy reviews on policies they intend to purchase.
“We are looking for improvements in the process during these challenging economic times so that brokers, providers, and investors can focus their capital on policies that they have an excellent chance of purchasing" says Traci Davis, President of Advanced Underwriting Solutions.
For more information, contact AUS at 303-367-1129.
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. The management of AUS, including Traci Davis, president, and Kevin Oldani, senior vice president, has extensive older age and impaired risk underwriting experience. AUS is focused on a limited number of relationships in order to provide quality underwriting assessments. 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.
Media Contact:
Beth Hardy
Weise Communications
303-996-9940
bethhardy@weiseideas.com
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