Underwriting Solutions LLC is a boutique consulting firm based in Edmond, Oklahoma. Our expertise is the mortality risk management niche in the life insurance industry. My name is Gary Y. Lee and I am CEO and Managing Member of the company. To learn more about my background and experience you can find my profiles on two social networking sites www.linkedin.com and www.plaxo.com . You can also access the latest version of my resume through the uppermost link.
Since abandoning the life of a corporate executive in 2006 I’ve done some real interesting stuff:
- Management advisory consulting for a company interested in the offshore life insurance markets in Central and South America
- Expert witness and litigation support
- Reinsurance process improvement analysis
- Interim Chief Underwriter
- Older age risk underwriting of complex medical and financial histories
- Life settlement underwriting for an actuarial consulting firm
- Underwriting subject matter expert for a customized APS summary system built in Microsoft SharePoint technology.
- Underwriting Manual revisions
- Straight Through Processing (STP) consulting work
Underwriting Solutions LLC has access to a wide network of independent consultants, underwriters, actuaries, and Medical Directors to create a custom team that delivers solutions to your most pressing business problems. In today’s economy with corporate managements demanding more work from limited resources, it is time to consider adding us to your team.
Our corporate client list includes State Farm, TIAA-CREF, HSBC, M Financial Group, ACE Tempest Life Re, HealthMarkets, Synev, ISC Services, Jenner & Block, Chittenden, Murday & Novotny, Reed Smith, and others.
Pingback: Ed Hinerman On Life Insurance » Trial Applications – What the Underwriter Wants To Know!
I respect greatly what underwriters do and I do fully understand risk management. However, what happens to an innocent person who has been a victim of medical fraud/identity theft in your systems? Victims are almost always treated as if they are presumed guilty and it is nearly impossible to clear whatever negative interpretations are left based upon faulty data which originated from medical fraud.
I would ask your professional view on how a person can clear up errors in their prescription profiles and bad data in their MIB file when they have been a victim of identity theft? It seems to me that denying insurance based on information that is faulty would also be a liability for the insurance industry. What do you as professionals do to insurse the sanctity of the information you use in determining risk for life insurance when the applicant is infact a victim of identity theft and has had their personal identitfers used? If a person was a victim of identity theft that resulted in medical fraud committed in their name using their personal stats what would you as professionals recommend they do to clean up bad data so that they are insurable?
Thanks Gary … Really appreciate you interests and comments. It was a compliment for you to take the time and re-post the blog. Thanks again. Mac
Mac,
Hope all is well with you and your family. Have a wonderful holiday season. Keep doing what you’re doing, we love it!
Gary