"With this approach we want to offer life settlement investors the ability to both license a model and have a qualified pricing and actuarial team behind it for a fraction of the cost."
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(PRWEB) February 01, 2017
Colva Insurance Services (http://www.colvaservices.com) announced today that it will be licensing its Life Settlement Pricing Model with a full pricing team behind it.
“Often times life settlement investors are forced to license a life settlement pricing model and then hire and train an employee to run the model as needed,” says Rajiv Rebello, principal of Colva. “This approach encounters a number of difficulties. First, the employee in charge of running it is generally not very familiar with life insurance or actuarial mathematics to begin with. And if they are, the opportunity cost of having them take time out of their day to run cases over and over again instead of tending to other responsibilities, tends to be exorbitant. With this approach we want to offer life settlement investors the ability to both license a model and have a qualified pricing and actuarial team behind it for a fraction of the cost.”
For $20,000 a year, Colva will license its Life Settlement Pricing Model to clients and run up to 360 cases. Cases in excess of 360 per year will be run at a reduced rate. Colva’s valuation services are geared for serious life settlement investors who want quality actuarial support and expertise backing their investment in the life settlement market.
Colva (http://www.colvaservices.com) is a life insurance and life settlement servicing company that helps clients obtain the maximum value from their life insurance investments. It was founded by Rajiv Rebello who previously managed the reengineering unit of Chartis’ $4 billion life settlement portfolio. Prior to Chartis, Rebello worked as an actuary on pricing teams at New York Life that designed UL and VUL products.