Case Study: Funeral Directors Life Insurance achieves market‑leading, hours‑long pricing cycles with Slope

Funeral Directors Life Insurance - Customer Case Study

Funeral Directors Life Insurance, a Texas-chartered insurer with more than $1.4 billion in assets selling pre-need policies nationwide, faced growing limits from its legacy actuarial system after a personnel change. Complex pre-need products that adjust benefits and face amounts over time required bespoke workarounds and a dedicated programmer, causing months-long vendor delays and missed market opportunities. To address this, Funeral Directors Life Insurance selected Slope’s modern, configurable actuarial platform.

Slope implemented a no-code, configurable actuarial solution that let Funeral Directors Life Insurance model product behavior directly, automate pricing functions, and use an integrated reporting and visualization suite. The change eliminated external add-ons and manual workarounds, enabled controlled stakeholder edits via a variable editor, and cut complex pricing runs from multiple days to about four hours—giving the company timely, trustworthy outputs and the ability to “set the market” rather than follow it.

Funeral Directors Life Insurance

Dwayne McGraw

Executive Vice President and Chief Actuary