Braintree, MA and Orland Park, Il
MIB Group, Inc. (MIB), the life and health insurance industry's most trusted and secure resource for data-driven risk management services, is conducting a joint exploration with Tindall Associates, Inc. (TAI) the premier reinsurance administration software in use in the U.S., to produce solutions to address major challenges in the life insurance industry.
Currently, MIB and TAI are developing data solutions to address several long-standing industry problems. Combining data from MIB and TAI, with approval from participating insurance carriers, will provide answers to questions that have been previously hard to answer, including:
"TAI's strong track record in reinsurance and software made this an obvious partnership for MIB," said Lee Oliphant, President and Chief Executive Officer MIB Group, Inc. "By combining our secure, data-driven services with TAI's software, we will improve areas throughout the insurance lifecycle from underwriting to claims and in between."
"Since our founding we have been dedicated to developing software that further benefits the insurance industry," said Tom Freitas, TAI CEO. "By partnering with MIB, we will be able to create more powerful solutions that will address key pain points for insurance carriers and customers."
Pilot programs will launch in 2019, and there is potential to add further solutions in the future. For more information, contact:
Brian Millman, Vice President
Tom Freitas, CEO
MIB Group, Inc. is the insurance industry’s most trusted and secure partner for data, insights and digital solutions that support underwriting and actuarial decision making and improve industry efficiencies. With deep connections to the life insurance companies who are its members, and a sole focus on improving the insurance industry, MIB is uniquely positioned to provide data-driven solutions that address common industry challenges and enable clients to gain efficiencies, manage their risks, and grow profitably. For more information about MIB, visit www.mibgroup.com.
TAI is an all-in-one life reinsurance software solution connecting life insurers and reinsurers globally. TAI offers a software suite that enables companies to administer, exchange, and analyze life reinsurance programs. Through its set of powerful tools, TAI helps companies improve reinsurance data quality, automated treaty compliance, and operational efficiencies. Visit www.taire.com to discover more ways to optimize your reinsurance operations with TAI.
SOURCE MIB Group, Inc.
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