Maple Life Analytics, LLC is to hold an auction of a 44 policy, $217.3M NDB portfolio dubbed “Alpha”. The sale is scheduled to commence in October and will comprise a two stage process, with closing scheduled for end of November.
The Project Alpha portfolio represents an opportunity to access a diversified pool of attractive policies, with essentially no carrier risk and a well-documented policy history. The policies are highly seasoned, with most issue dates ranging from 2005 to 2008. The portfolio is primarily based on an aged population of insureds with a slightly higher concentration of females. In addition, the portfolio has achieved a 100% successful carrier claim payout record to date.
Upon request and following the execution of a confidentiality agreement, MLA will provide potential bidders with access to information about the policies and the auction procedures so they may conduct initial pricing. Those participants who are deemed qualified and bid competitively will be invited to a second phase, to allow for a detailed review of the policy level documents and comprehensive due diligence via a secure virtual data room. At the conclusion of this period, final bids will be collected by MLA and the winning party decided. The portfolio shall be sold as a single, whole block.
To request a confidentiality agreement, or for further enquiries, please contact firstname.lastname@example.org.