Track-Life Launches Web-Based System for Servicing Life Settlement Portfolios

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Thu Apr 22, 2010 11:25am EDT

Transparent Life Plus Software Brings Real-Time Statistics to Policy Tracking
ATLANTA--(Business Wire)--
Track-Life, LLC today launched a new, proprietary Web portal that dramatically
changes the way portfolio managers can view critical information within a life
insurance settlement portfolio. Transparent Life Plus is the first life
settlement tracking and servicing system that offers real-time information and
statistics on insurance policies held within a life settlement portfolio. 

With roots in the life settlement industry that date back more than 20 years,
Track-Life`s experienced team of financial and medical professionals manage all
aspects of life settlement policy tracking and servicing. Executives at
Track-Life have serviced billions of dollars in life insurance policies and
managed hundreds of death claims. Track-Life, launched in 2008 by executives
from The Lifeline Program, has recently entered into an operating alliance with
Madison Strategic Partners to broaden its servicing and tracking offerings. 

Using Transparent Life Plus, portfolios can be analyzed by policy size or type,
policyholder demographics, premium amounts due, and dozens of other criteria.
The system enables managers to optimize and minimize premium payments, closely
track medical evaluations of policyholders, expedite death claims and monitor
carrier ratings. 

"We have developed a policy tracking application that we believe is a
game-changer," said Brian J. Barclay, president of Track-Life. "For the first
time, a life settlement portfolio manager can quickly and easily analyze all
aspects of a portfolio. There is no more flying blind."

* Track-Life offers a complete array of tracking services: 
* Expert audit and evaluation services 
* Scheduled contact with insureds 
* Weekly mortality tracking using a proprietary combination of databases 
* Updating of medical, life expectancy and rate of return data 
* Premium optimization, management and payment administration 
* Policy maturity management and death benefit distribution utilizing
proprietary online and offline systems

Demonstrations of the Transparent Life Plus Web portal will be held on April 28
- 30 at the Life Insurance Settlement Association`s 16th Annual Spring Life
Settlement Conference in Washington, D.C. Additionally, Track-Life`s CEO Wm.
Scott Page, will be a featured panelist on Thursday, April 29 at 3:00 p.m. in a
discussion on Fund Management and Policy Servicing. For more information on
Track-Life, visit www.track-life.com or call 770-934-4390.

For Track-Life, LLC
David PR Group
John P. David, 305-255-0035
john@davidpr.com



Copyright Business Wire 2010

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