Centralized Life Settlement Hub
As the Life Settlement Industry continues to gain mainstream recognition in the financial markets and regulatory environment, market participants must be active in the pursuit of consumer privacy and security. Such concerns are a core issue of advisors, consumers and regulators alike and must be addressed in order for our market to thrive. With that in mind, PolicyTrac is introduced as the most cost-effective, immediate and complete solution to the life settlement industry's most critical concerns.
PolicyTrac is the complete solution that standardizes, streamlines and simplifies the life settlement marketplace. Initially developed as an internal application for one of the industry's leading life settlement brokers, PolicyTrac is the first and only online platform that combines innovative technology with a decade of transactional experience.
The comprehensive operational platform has been tried and tested under actual market conditions for the past 12 months. It was initially implemented by one of the nation's leading life settlement brokerages in November 2008 and has since been continuously upgraded based on user feedback to fine tune the platform to meet the operational demands of the industry. As of November 2009, PolicyTrac is live with over 30 of the leading life settlement market participants, including providers, brokers and financial services distribution companies.