Value Insurance

1. VIHAG for a New Line of
Insurance Business
Gewei Ye, PhD
Email: info@yeswici.com
VIHAG stands for Value Insurance for
Homes with Android GPSHome

2. What is VIHAG?
VIHAG is
An attempt to engage default probabilities in MBS
to fix its vulnerability to mortgage defaults
A new financial instrument to create a large new
financial market ~106 billion
Backed by Android GPS technology and cloud
computing
Extending a sound algorithm of option pricing
With a solid new business model for a new type of
insurance companies to generate enough
sustainable revenue

3. What is MBS? (see Ye 2011, “HFT
Models”, Wiley, pp230)

4. VIHAG Architecture

5. How do default probabilities look at
Android GPSHome?
Derived from LTV (loan to value) ratio