Stop overpayments. Find beneficiaries. Stay compliant. Preserve reputation.

Problem: The Death Master File (DMF) now only identifies 16% of decedents. Since 2011, the Social Security Administration has dramatically decreased the amount of data available via the DMF due to identity theft concerns.

Solution: PBI’s CertiDeath identifies 96.5% of decedents with 99.9% accuracy uncovering over a billion in overpayments and related reserves. PBI finds six times as many deaths as the DMF and 38% more than our closest competitors.

PBI can also help insurance companies:

  • Meet asymmetrical regulations.

  • Find missing beneficiaries quickly.

  • Reduce claims processing by 60%.

  • Fulfill new unclaimed property regulations.

  • Preserve reputation as a policyholder advocate.

Long Term Care & Structured Settlements

CertiDeath finds thousands of missing decedents to save insurance companies millions of dollars in overpayments and release millions in unnecessary reserves.
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Pension Risk Transfer

At the beginning, PBI can clean the data to ensure accurate PRT pricing. With CertiCensus, PBI can find 96.5% of decedents, locate missing participants/beneficiaries and manage all required participant mailings.
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Annuities

Managing individual annuity policies requires continuous and comprehensive population management. CertiCensus manages communications with policyholders, ensuring addresses are up to date, identifying beneficiaries and decedents.

Life Insurance

Fulfill your fiduciary and compliance responsibilities by finding missing decedents and providing life changing settlements to beneficiaries. Failure to locate missing decedents also puts your company at considerable reputational risk.
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Claims Processing

CertiCensus provides insurance companies with a single-source of population management – one portal for managing claims processing. PBI sends all required communications, locates missing participants, manages returned mail, identifies decedents and attempts to find beneficiaries.

PBI can help insurance companies locate 96.5% of decedents, quickly find beneficiaries, reduce claims processing time, ensure accurate population data and fulfill new unclaimed property regulations.

Not convinced? Send us a file. On average we discover 33% of your data is inaccurate and 99% of the time we’ll find a missed death upon initial upload.