Fasano Associates

In the intricate world of finance and insurance, especially when dealing with complex products like life settlements, accurate and reliable underwriting is not just important—it’s absolutely critical. For professionals and institutions in Washington, D.C., and across the nation, Fasano Associates stands as a recognized leader in providing expert underwriting and life expectancy services. Since its establishment in 1998, founded by Mike Fasano, the firm has carved out a unique niche, specializing in physician-centric medical assessments that bring a level of precision and insight crucial for high-stakes financial decisions.

Fasano Associates is not a traditional law firm offering general legal services to individuals or businesses in the way a typical "lawyer" might be understood. Instead, they operate as a highly specialized consultancy within the financial and insurance sectors, primarily serving the life settlement industry, life and health insurance companies, and those requiring expert witness services related to medical and mortality assessments. Their approach is truly unique, integrating a robust team of medical directors—many of whom are former Chief Medical Directors from premier life insurance companies—with experienced underwriters. This blend of clinical and actuarial expertise allows them to provide exceptionally accurate life expectancy estimates and underwriting solutions.

This article aims to provide a clear, engaging, and informative overview of Fasano Associates, highlighting their specialized services, their convenient location in Washington, D.C., and the distinguishing features that make them a leading authority in their field. For local professionals and businesses in the District of Columbia engaged in or connected to the life settlement, insurance, or financial industries, understanding the depth of expertise offered by Fasano Associates is essential for making informed and strategic decisions. While not a traditional law firm for everyday legal matters, their specialized services are invaluable within their particular domain.

The precision offered by Fasano Associates is vital for their clients, who often deal with significant financial instruments and need highly accurate mortality projections. Their proprietary mortality table, which adjusts to capture the changing patterns of survival based on the level of impairment, sets them apart from more common industry tables. This methodological rigor ensures that their life expectancy estimates are not just statistically sound but also uniquely adapted to individual cases, providing a level of reliability that directly impacts financial valuations and risk assessments. Their commitment to continuous research and development in this specialized area further cements their position as an industry trailblazer.

Moreover, their team's extensive experience, derived from years at the forefront of major insurance companies, provides an unparalleled depth of insight into underwriting processes, claims adjudication, and risk assessment. This practical experience, combined with their medical expertise, allows Fasano Associates to offer a comprehensive consultative service that goes beyond simple data analysis. For any entity or individual requiring highly specialized underwriting, medical director services, or expert witness testimony in the life and health insurance or life settlement space, Fasano Associates represents a pinnacle of professional competence and specialized knowledge right here in Washington, D.C.

Location and Accessibility

Fasano Associates is strategically located in the heart of Washington, D.C., providing a convenient base for their operations and accessibility for their clients who are often national or international in scope. Their office is situated at: 1201 15th St NW #250, Washington, DC 20005, USA. This central D.C. address places them within a vibrant business district, easily reachable by various means of transportation. For those utilizing D.C.'s extensive Metro system, the office is a short walk from several Metro stations, making it efficient for visitors from within the District and the broader metropolitan area. The location's prominence in a major business hub also facilitates interactions with other financial institutions, legal entities, and regulatory bodies, which is often pertinent to the complex nature of their work in the life settlement and insurance sectors. This prime location underscores their role as a key player in a highly specialized, nationwide industry, with roots firmly in the nation's capital.

Services Offered

• Life Expectancy Estimates: Providing highly accurate and independently verified life expectancy calculations for the life settlement industry and other financial applications, utilizing a unique physician-centric medical assessment and proprietary mortality tables.
• Life, Health, and SPIA Underwriting: Offering both contract and consultative underwriting services to the life and health insurance industry, including start-to-finish underwriting support for companies and Third-Party Administrators (TPAs).
• Consultative Medical Director Services: Providing cost-effective alternatives to in-house medical directors, including EKG interpretations, underwriter consultations, life expectancies for accelerated death benefit claims, claims adjudication consults, and underwriter training.
• Expert Witness Services: Furnishing expert testimony and claims consultation services for legal cases related to life settlements, structured settlements, and medical underwriting, leveraging their team of medical directors and senior underwriters with extensive industry experience.
• Structured Settlement and Substandard Annuity Underwriting: Specialized underwriting for these complex financial products, often incorporating behavioral factors in addition to medical assessments.
• Product Development & Underwriting Guidelines: Assisting with the development of policy applications, medical examination forms, cognitive evaluation forms, telephone questionnaires, care coordination procedures, and underwriting guidelines for various insurance products (Life, Long Term Care, Medicare Supplement), and suggesting revisions to improve contract enforceability and claims experience.
• Underwriting Audits: Performing comprehensive underwriting audits for life, Medicare Supplement, and Long-Term Care portfolios, supported by a large team of diverse physician specialists.

Features / Highlights

• Physician-Centric Underwriting: A unique approach that utilizes a large team of highly experienced medical directors, many of whom are former Chief Medical Directors from major insurance companies, to review and analyze medical files for precise life expectancy estimates.
• Proprietary Mortality Tables: Development and use of a unique mortality table that adjusts slope to capture the change from convex to concave survival patterns, providing more accurate life expectancy estimates than common industry tables.
• Proven Accuracy: Consistently high "Actual to Expected" accuracy ratios for their life expectancy estimates, independently verified over long periods, demonstrating the reliability of their methodologies.
• Extensive Medical Expertise: Their diverse physician staff includes specialists in cardiology, oncology, pulmonary dysfunction, endocrine disorders, and rheumatology, ensuring comprehensive medical assessment capabilities.
• Industry Leadership: Recognized as a leading force and trailblazer in accurate underwriting and life expectancies since 1998, often at the forefront of professional development in the Life Settlement Industry, including hosting annual conferences.
• Comprehensive Services: Offering a wide range of services from full-service underwriting to consultative medical director support and expert witness testimony, catering to diverse needs within the financial and insurance sectors.
• Technological Integration: Ability to electronically interface with clients, enhancing efficiency and seamless collaboration in their underwriting processes.

Promotions or Special Offers

Fasano Associates, operating as a highly specialized B2B service provider in the underwriting and life expectancy assessment industry, does not typically offer consumer-style "promotions" or "special offers" in the traditional sense. Their value proposition is built on their unparalleled accuracy, deep medical and underwriting expertise, and the proprietary methodologies they employ. Their services are sought after by large insurance underwriters, life settlement investors, and legal professionals for their precision and reliability, which directly impact significant financial outcomes. Instead of discounts, clients invest in the firm's proven track record and the quality of their specialized analyses. Prospective clients interested in their services are encouraged to reach out directly to discuss their specific project needs and to understand how Fasano Associates' unique approach can provide the accurate and reliable data essential for their business decisions. The firm's focus remains on delivering top-tier, expert solutions and maintaining their reputation as industry leaders, rather than on short-term promotional incentives.

Contact Information

• Address: 1201 15th St NW #250, Washington, DC 20005, USA
• Phone: (202) 457-8188
• Mobile Phone: +1 202-457-8188

Conclusion: Why this place is suitable for locals

While Fasano Associates may not be the traditional "lawyer" you'd visit for a personal injury claim or a divorce, for professionals and businesses in Washington, D.C. operating within the life settlement, insurance, or broader financial sectors, they are an indispensable resource. Their deep specialization in accurate life expectancy estimates and expert underwriting services makes them uniquely suitable for anyone in our local D.C. community whose work hinges on precise mortality data and comprehensive medical assessments. This includes actuarial firms, investment funds focused on life settlements, insurance carriers, and legal professionals requiring expert witness testimony in related cases.

The firm's D.C. location offers convenient access within the nation's capital, allowing for direct engagement and collaboration with their expert team. Their commitment to a physician-centric approach, utilizing a cadre of highly experienced medical directors and proprietary mortality tables, ensures an unmatched level of accuracy and insight. For D.C.-based entities that need to make critical financial decisions based on longevity or health risk, or for legal cases requiring authoritative medical underwriting opinions, Fasano Associates provides the gold standard. They are not just a service provider; they are a strategic partner offering the nuanced expertise required to navigate highly specialized segments of the financial and legal landscape right here in Washington, D.C., empowering locals with reliable data and expert insights for their most significant challenges.