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Insurance Term Definition
Alternative Markets:
• A line of business at Transamerica Reinsurance which develops products and services related to proprietary, alternative underwriting programs
Mortality Management System:
• Environment created by a proprietary technology platform and processing framework which significantly reduces the amount of information an underwriter has to review and automates simpler decisions based on term writer's business rules; underwriters focus on the most important issues and complex cases; feature of private label programs from Transamerica Reinsurance
VELOGICA:
• Proprietary underwriting engine developed to help direct writers profitably reach the middle market
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