Technology and Security

Life Statistical Services

The MIB organization has deep experience managing dynamic, industry-wide databases, as they maintain the largest database of medical conditions on insurance applicants in North America. They process more than 150,000 e-transactions each day and securely exchange data over the Internet between more than 450 insurance companies. Over 95% of the premium dollars for all ordinary life insurance policies issued in North America were searched against the MIB Checking Service to detect fraud.

MIB Solutions uses cutting-edge technologies and adheres to rigorous protocols for collecting, standardizing and aggregating data and reporting on mortality experience in the life insurance industry. We securely exchange highly confidential data among our member companies employing sophisticated data handling practices and robust security protocols that meet the most stringent regulatory standards.

Read about the senior management team that manages LSS.