Death Master File I Insurance I CertiDeath

Death Audit Compliance: How Insurance Professionals Can Stay Ahead of Evolving Regulations

Death Audit Compliance: How Insurance Professionals Can Stay Ahead of Evolving Regulations

Insurance professionals are all too familiar with the investigations and lawsuits targeting the industry. State insurance departments and other regulators have intensified their audits of insurers to ensure proper identification of deceased policyholders and timely benefit disbursement. Non-compliance with both RSAs (Regulatory Settlement Agreements) and GRAs (Global Regulatory Agreements) can [continue reading]

berwyngroup2025-04-17T15:46:00-05:00April 3, 2025|Death Audit & CertiDeath, Insurance Industry|

Pension Risk Transfer Checklist – Webinar Recap

2023 was another record year with over 800 Pension Risk Transfers completed, a 30% increase from 2022. The pace continues in 2024 so it’s not a surprise that the PRT insurer participation has doubled over the past decade. Industry experts explain why the market for PRTs is hot right [continue reading]

berwyngroup2024-07-24T14:48:50-05:00July 24, 2024|Berwyn University, Insurance Industry|

How the demise of the Death Master File is a problem and an opportunity for insurance companies

More and more, insurance companies who rely primarily on the SSA Limited Access Death Master File (DMF) are missing huge numbers of unreported deceased policyholders. In fact, our Mortality Analyses we perform for prospective clients often reveal thousands of missed deaths. It’s not the fault of insurance companies. For [continue reading]

berwyngroup2024-06-26T15:49:08-05:00February 8, 2024|Death Audit & CertiDeath, Insurance Industry|