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Customized Capabilities:
Melaneus continues to broaden the scope of capabilities according to the growth of our clients’ needs. We’ve provided various customized features to our clients:
Pricing and financial projections component
Pricing component is available to the existing clients as well as actuaries associated with Melaneus. Melaneus has assisted its clients to value the in-force block of business, pricing new products, acquisition of blocks of business and proforma for start-up companies.
Utilizing electronic application
Melaneus has provided the capability to use electronic application and final illustration to automatically populate the application of an individual policy or COLI policies in order to more efficiently process insurance applications while minimizing human errors.
Web-accessed capability
Melaneus has provided web services to allow clients to run illustrations and access policy data from the web.
Trading Platform
Melaneus has provided functionalities to enable the insurer to calculate daily trade amounts, produce trade reports and extracts, and reconcile separate account values.
Fund Administration Module
Melaneus has provided a functionality to enable the insurer to calculate the unit values of a separate account based on net asset values from the asset managers with respect to the specific separate account.
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(203) 746-0559 email: kiri@melaneus.com