Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Life Health > Life Insurance

MIB Introduces Life Sales Trend Tracking Tool

By Staff Writer

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, Aug. 21, 2003, 2:53 p.m. EDT – MIB Group Inc., Westwood, Mass., has introduced the MIB Trend Tracker, a service that compares an insurance company’s monthly life insurance application activity with industrywide activity and the activity of direct competitors.

MIB is a nonprofit group that collects information about individual life insurance customers for most U.S. and Canadian life and health insurance companies.

Insurers search MIB databases to determine whether applicants might be hiding information about health problems.

In recent years, MIB has been using search volume activity for its databases as an indicator for overall U.S. and Canadian life insurance sales activity.

MIB says it will deliver the results for the new Trend Tracker service a few days after each month ends.

The Trend Tracker reports will exclude personal information and protect applicant privacy, MIB says.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.