Life Settlement Broker Technology

Life Settlement Brokers take advantage of technology to speed processing, offers, and case closings. Here is a sample of some technology features.

Spreadsheet Medical Record Tracking - Acquiring medical records are commonly tracked through a spreadsheet method to gauge the amount of time records will take to arrive and also to ease the follow up procedure to make sure all records are received.

Bulk Scanners - Bulk page scanners are used to convert paper to electronic format which greatly increases processing and exposure of the life settlement case.

Parameter Matching Software - Many brokers use parameter matching technology to quickly factor which funders/providers are looking for specific type of policy.

Networked Database - Divisions within the broker can access network to supply requested documents from the funders to speed up the underwriting and offering turn around.

Other technology includes, automated web tracking for agents, automatic email updates, other electronic processing of additional information (LEs, Illustrations, etc..). This will be discussed at a later date.

If you are looking for a list of brokers visit the Life Settlement Companies page over at Life Settlement Info.