MAPS Releases Newest Life Settlement Model

http://finance.alphatrade.com/story/2011-10-11/PRN/201110111030PR_NEWS_USPR_____NY84159.html

Oct 11, 2011 9:30:00 AM

SCHAUMBURG, Ill., Oct. 11, 2011 /PRNewswire/ — Today, Model Actuarial Pricing Systems (MAPS), formerly Milliman Pricing Software, released a new MAPS Policy Model v2.0.

The new model, which is web based, integrates the individual policy and portfolio valuation models and delivers a number of significant features, including:

• Unified platform for Policy and Portfolio models
• Flexible portfolio construction and analysis
• Coordinating the management of multiple portfolios under various modeling scenarios
• Tracking and incorporating actual paid premiums since policy purchase
• Enhanced premium projection functionality
• Additional mortality modeling parameters

“We are excited to announce the release of MAPS Policy Model v2.0.  The new features are in direct response to our customers’ feedback and reflect our commitment to providing superior client service.  This is a major product release.  It provides a number of usability enhancements, particularly in the area of portfolio management.  Our clients integrate everyday buying and selling decisions into management of their overall portfolio,” commented Win Georg, of MAPS.

In the near future, MAPS intends to release a new simplified individual policy valuation model for life settlement brokers.

About Model Actuarial Pricing Systems (MAPS)

The MAPS software, originally developed by Milliman, Inc. is the most widely used and sophisticated valuation software in the life settlement industry.  It allows investors to apply premium optimization and longevity assumptions to an actuarially correct model to calculate present and future value of life insurance policies or portfolios.

Note: For further information or to purchase any of MAPS products please contact Win Georg at (866) 525-7115 or emailInfo@MapsPricing.com

SOURCE Model Actuarial Pricing Systems (MAPS)