MAPS

Model Actuarial Pricing Systems

Maps Overview

MAPS models are designed with flexible premium life insurance policies in mind, allowing customers the ability to optimize future premium streams with ease. Whether using optimized premiums or fixed, the models produce survivorship curves for the valuation of individual policies and portfolios alike. MAPS offers multiple subscription levels to accommodate our customers’ varying levels of needed service: Standard, Extended, Portfolio, and Component. The chart below compares the different levels.

mapsStandard

mapsExtended

mapsPortfolio

mapsComponent

Provides expected premium, death benefit and expense cash flows based on the investor’s mortality or life expectancy assumptions.

  • Reverse engineer COI
  • Optimize future premium
  • Develop survivorship curve from LE and mortality table
  • Calculate actuarial present value of cash flows at target rate of return

Includes all the functionality of the Standard edition as well as some case management features that are convenient for any organization holding policies for any period of time.

  • Batch processing
  • Mortality table editor
  • Cash flow export to file
  • Excel portfolio import
  • Code management tools
  • Portfolio import tools

Stochastic valuation of a portfolio of policies.

  • Fully integrated with MAPS Policy models
  • Flexible portfolio creation from existing MAPS database
  • Define multiple sets of modeling parameters and apply to various portfolios
  • Randomize date of death to create distribution of financial outcomes
  • See expected portfolio outcome as well as range of variability in results
  • Analyze contingent tail expectation to assess downside portfolio risk
  • Attribution report details factors driving valuation changes between two portfolio runs

License the MAPS SDK to gain access to the MAPS programming API.

  • Includes the functionality of the Standard and Extended editions
  • Allows programmatic access to the policy model engine
  • Integrate the MAPS engine into your CRM system
  • Create a custom business solution tailored to the needs of your organization