MIB is your long-standing trusted partner in delivering unique data solutions to help advance the life insurance industry.
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Insights, news and announcements reflecting our commitment to improving the life insurance industry.
The terminated policy information on the Total Line Alert documented in this case study, using real data from one of our members, showed a policy that resulted in a death claim in 2020! Yet this individual submitted an application for $2M in coverage. Could this be identity theft?
During the webinar, we used real crime scenarios and schemes to illustrate potential vulnerabilities and suggest tips, newer tools, and solutions that are available to combat fraud. We also provided training tips to mitigate potential red flags and protect you from the hands of the wicked.
U.S. life insurance application activity ended the first half of 2024 flat at +0.6% Year-to-Date (YTD), with activity in June down -6.4% Year-over-Year (YOY). When taking a historical lookback, 2024 mid-year YTD activity was up +4.9% compared to 2022 and flat at -1.5% compared to 2021.
A review of MIB Electronic Medical Records demonstrate the types of information that one of our clients can expect to find in an MIB record, and the positive trajectory of clinical content available. Read this blog for details on the analysis, including advice on factors to consider when evaluating a record’s content completeness.