MAPS Pricing

Since its inception in the late 1990's, the MAPS Single Policy Valuation Model, developed by Milliman, Inc., has been the industry standard life settlement valuation model for both single life and joint life insurance contracts.  Incorporating sophisticated analysis and valuation algorithms, the MAPS Model transformed the life settlements industry by providing actuarially correct valuation of the premium and death benefit cash flows associated with a life settlement transaction.

Prior to the availability of this tool, many buyers of life settlements used a deterministic approach, which assumed death at exactly the time quoted by an independent underwriter.  The MAPS Model follows a probabilistic methodology, considering the probabilities and financial consequences of death in every month.

MAPS, a subsidiary of Cantor Fitzgerald (a leading global financial services firm), provides life settlement software and services worldwide to more than 150 customers including life settlement brokers, providers, consultants and investors.