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MIB Group, Inc. ("MIB") is a membership corporation owned by 450 member insurance companies in the U.S. and Canada. Organized in 1902, MIB today is comprised of two subsidiaries. MIB, Inc. and MIB Solutions, Inc. MIB, Inc. is the leading provider of fraud detection services to the insurance industry. It operates and maintains an industry-wide data exchange that protects insurers, policyholders and applicants from attempts to conceal or omit information material to the sound and equitable underwriting of life, health, disability-income, critical illness and long-term care insurance. MIB ensures that insurers can offer -- and consumers can purchase -- affordable life and health insurance protection at a fair and equitable price. MIB Solutions, Inc. provides risk-based products to the North American insurance industry. Its Actuarial and Statistical Group (ASG) is at the forefront of life insurance industry research on trends and advances in mortality, morbidity and longevity. Its innovative analytic methods meet the most demanding requirements of some of the industry`s leading organizations. For nearly 30 years, the Society of Actuaries has relied on MIB to provide an industry-wide perspective on life experience studies that serve as the foundation for industry mortality tables.
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