Accuracy
MAT more accurately identifies a high risk individual which enables
insurers to better avoid losses due to unanticipated high mortality by
downgrading specific policies. Conversely, identifying those at lower
risk gives carriers the confidence to offer selected customers more
attractive policies than the competition. Both strategies combined
significantly increase the probability that a portfolio of policies will
closely match actual mortality. Thus, long-term profitability can be
expected to improve.
Efficiency
MAT is a user-friendly web-based tool that, functions seamlessly with
other internal technologies, can be implemented without modifying
existing IT infrastructures, and requires no sales force training.