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Virtual Programming Teams
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Life Settlement Back Office

Tathya's Life Settlement Solution (TLSS), is developed from the last three years experience as the solution provider for major players in Life Settlement industry. TLSS cares about IT & ITES delivery capabilities and the experience of Life Settlement Process Transition to seamlessly transfer business processes to offshore to enhance capabilities of industry players.

The services of Tathya Life Settlement Solution benefit all levels of agents in the Life Settlement industry domain:

  • Brokers
  • Carriers
  • Providers
  • Underwriters
Tathya also provides a number of back-office services that are typically configured for Life Settlement industry to substantially reduce your operational costs.

Perhaps the most important variable in the pricing calculation is the life expectancy of the insured. This figure, typically stated in months, is normally produced through an analysis of medical records and other demographic data (age, gender, tobacco use information, family history, etc.) pertaining to the insured. The analysis is performed by one or more "medical underwriters", small independent companies each with their own proprietary methodology for analyzing medical information, applying actuarial analysis, and then issuing an "LE" or life expectancy and related mortality report. In general, the LE is considered to be the medical underwriter's estimate as to how many months the insured can be expected to live based on an analysis of the information submitted.

There are currently five medical underwriters who produce most of the life expectancy estimates for the entire life settlement industry: 21st Services, American Viatical Services, Examination Management Services, Inc. (EMSI), Fasano Associates, and ISC Services.

The life expectancy estimate is typically used to determine the period of time over which the investor expects to hold a particular policy, pay premiums to keep the policy "in force", and track the whereabouts of the insured. It is therefore the most important element in the pricing calculation.