Contact: Ed Thomas
Data Life Associates, Inc.
500 Bloomfield Avenue
Verona, NJ 07044
Phone: 973 239 7500 x333
Fax: 973 239 0943
sales@datalife.com
www.datalife.com
Press Release
Data Life announced, for immediate availability –
The Life Settlement Portfolio Analyzer
“Finally, Life Settlement Financial Entities have a tool to effectively model, analyze and manage portfolios of purchased Policies”
Verona, NJ, March 28, 2006: Data Life Associates, Inc., a leading provider of technology products and actuarial services to the life insurance industry, announced today the latest product in its offerings designed specifically for the life settlement marketplace. The Life Settlement Portfolio Analyzer software is an add-on option to their popular Life Settlement Analyzer (LSA) system. The LSA assists life settlement providers and financial entities to quickly and effectively analyze the cost of funding a given policy and determining gross purchase offerings. Unlike other pricing and funding analysis applications, LSA performs both probabilistic, deterministic and hybrid combination analysis.
The Life Settlement Portfolio Analyzer has four additional functions to compliment the LSA software:
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Analysis of hypothetical portfolios,
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Monitoring active portfolios,
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Tracking policy maturities and premium activity,
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Supporting GAAP financial reporting (based on the anticipated standards being adopted).
Modeling is user-friendly, providing analysis of ROI by such parameters as;
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Life expectancy,
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Insured life factors,
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Policy funding distribution,
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Policy counts, and
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Fund duration.
The Life Settlement Portfolio Analyzer provides for the first time a powerful tool enabling investor to proactively target the desired types of policies that will enhance returns and reduce risk in their overall portfolio.
These same analysis features are employed to monitor and track experience of active portfolios, the pace of maturity of a portfolio, comparing actual to expected maturity, actual to expected return on investment, and the real-time revaluation of a portfolio. Revaluation has the flexibility of using original pricing factors or your latest revised projections. Multiple funds, with varying administrative expenses are easily set up and tracked, and both deterministic and stochastic rate of return analysis are included.
The system is poised to support the new GAAP financial reporting standards as soon as they have been adopted. This upgrade will be included at no cost.
About Data Life Associates, Inc. – founded in 1965
Data Life offers innovative packaged and customized software solutions to meet the needs of Life Settlement Companies, their brokers and support service partners. In addition to the Life Settlement Analyzer software, the company offers a web-based Life Settlement Tracker solution, which facilitates and automates the pricing analysis and offer process. The system dramatically improves communication and collaboration, enabling rapid and secure (compliant) dissemination and retrieval of information. Policy evaluation services are also available as a cost-effective approach to funding and pricing analysis for all types of life insurance policies including UL, Whole Life, Second to die and Term.
For Additional Information
Please contact Ed Thomas Director of Sales at 973-239-7500 x333 or via e-mail at sales@datalife.com.
Data Life Associates, Inc.
500 Bloomfield Avenue
Verona, NJ 07044
Phone: 973 239 7500 x333
Fax: 973 239 0943
sales@datalife.com
www.datalife.com