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Released on 15 March 2019
Wilmington, N.C., March 15, 2019 — Lapetus Solutions Inc, (LSI), the science-based AI company developing new, faster and more innovative ways to predict life events in real time, announced today they have received approval from the state of Florida as a Life Expectancy provider, joining six others who offer life expectancy reports to the life settlement market. The certification is effective from February 20, 2019.
LSI will now be able to provide assessments of survival prospects on insured populations, regardless of their age. Says Dr. S. Jay Olshansky, Co-founder and Chief Scientist of LSI, “What used to take 2-3 weeks can now be done in 2-3 days, including a formal medical assessment by a qualified medical doctor.”
LSI currently provides life expectancy reports to an asset manager that runs four funds. The company will increase its capacity to provide these assessments throughout the year.
About Lapetus Solutions
Lapetus Solutions Inc. (LSI) integrates science and technology with machine learning to develop tools and platforms that enable industries relying on life event prediction to reduce and replace their dependence on traditional assessment methods with faster, more cost-effective and increasingly accurate results.
Our current product portfolio includes:
JANUS - A selfie-based platform that examines facial features and instantly returns Age, Gender and BMI estimates, detects signs of smoking, and provides age progression imagery.
CHRONOS - A life insurance underwriting engine that combines Life Sciences, Sensory Analytics and Dynamic Questioning to engage consumers online.
GENERIAN - Provides fast, accurate health analytics on adults 70+ for health assessments, insurance product planning and end-of-life financial planning.
BLISS - A life event-based financial scoring and planning platform that is the first to consider an individual’s health, longevity and wellbeing, in addition to wealth.
HealthE - A Life Sciences-based tool that quantifies how an individual can extend their current life expectancy (LE) and healthy life expectancy (HLE) estimate through lifestyle modification tailored to their personal attributes.
FaceMatch/ValID - Identity verification and management for online application processes.
For more information, visit: www.lapetussolutions.com
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