A trusted, credible source enabling carriers to modernize and streamline statutory reporting.
MIB Life Statistical Services℠
MIB Life Statistical Services℠ (LSS) facilitates compliance with the state of New York insurance regulations for principle-based reserves, making the experience reporting more efficient.
Making reporting a better experience
For over a decade, MIB LSS has provided assistance to carriers through annual data calls to ensure overall compliance of mandatory experience reporting for the New York Department of Financial Services (NYDFS). As the appointed statistical agent for the NYDFS, we have the expertise and data infrastructure to accept, validate, and analyze your experience data and required reporting in compliance with the New York State regulation.
Our clear understanding of New York’s regulatory climate comes from following the development of the principles-based reserving frameworks at the NAIC level and our membership in the Life Insurance Council of New York (LICONY).
We are uniquely qualified to assist insurance companies with an efficient and effective compliance solution for New York state-required reporting, preparing explanatory materials for data calls, handling your data securely and with care, guiding your actuarial and technical staff, defining the most efficient data workflows and ensuring accurate and timely reporting for your company.
LSS Secure Web Portal
On this site, insurers participating in NYDFS data calls will find documents and instructions needed to submit data to the experience reporting agent.