Technology and Security
MIB Inc. has deep experience managing dynamic, industry-wide databases, as they maintain the largest database of medical conditions on insurance applicants in North America. They process more than 150,000 e-transactions each day and securely exchange data over the Internet between more than 430 insurance companies. Over 95% of the premium dollars for all ordinary life insurance policies issued in North America are searched against the MIB Checking Service to detect fraud and assess risk.
MIB Solutions uses cutting-edge technologies and adheres to rigorous protocols for collecting, standardizing and aggregating data and reporting on mortality experience in the life insurance industry. We securely exchange highly confidential data among our member companies employing sophisticated data handling practices and robust security protocols that meet the most stringent regulatory standards.
Read about the Senior Management Team that manages LSS.
Read more about our capabilities and expertise in Risk Analytics.
In addition to our expertise concerning the relevant regulations, MIB Solutions maintains a clear understanding of the needs of companies to meet their compliance goals in this changing regulatory environment.
Life Statistical Services is provided by MIB Solutions, Inc., a subsidiary of the MIB Group, Inc.