MIB, together with TAI, has developed a solution in recognition of a major challenge facing the Life Insurance Industry - the need to identify jumbo treaty violation risk proactively. Jumbo breaches, while infrequent, can cost millions of dollars and have significant impact to a carrier's financial results.

The MIB Jumbo Service℠ will help you identify inforce and pending data on applications for large face amounts, so you can take action to manage any jumbo breach risk proactively.

The below infographic illustrates the jumbo risk challenge and provides insights into the value that the MIB Jumbo Service provides, based on our work with MIB member companies who participated in a pilot project.

You can download a copy of the infographic here.