value insurance for homes

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 and proper risk
premiums 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. Target audience: MBS players (Ye
2011, “HFT Models”, Wiley, pp230)

4. VIHAG Architecture

5. How do VIHAG look?
GPS-based default probabilities and Merton
default risk premiums; m+eCommerce ready