5th Insurance Linked Securities Summit
New Investment Strategies for Catastrophe Bonds, Longevity Risk and Life Settlements
January 28-30, 2009, Millennium Broadway Hotel, New York, NY
Sponsorship & Exhibitors
- Coventry
- Credit Suisse
- JPMorgan
- Deutsche Bank
- Maple Life
- Morrison & Foerster
- Life Equity
- Abacus
- Stroock & Stroock & Lavan LLP
- Life Settlements
- 21st Services
- EMSI
- Peachtree
- BSX
- AIR Worldwide
- LLB&L
- Chicago Climate Futures Exchange
- Fasano
Major Sponsor
For over 25 years, Coventry has been redefining insurance. Founded in 1982, Coventry began as an insurance marketing, product development and policy administration firm. Known as a leading innovator in the industry, Coventry assisted insurance carriers in the development of product, software and distribution. It established itself as one of the top corporate life insurance companies in America during the 1990s, servicing over 70,000 policies for its corporate clients.
In 1998, Coventry created the secondary market for life insurance in the United States and coined the term “life settlement”. As the market leader, Coventry has structured and financed transactions representing more than $25 billion of death benefit and has been a key driver behind the market’s rapid growth. Today, Coventry is the largest purchaser and servicer in the longevity and mortality market, employing more than 200 people.
Based in Pennsylvania, Coventry was the first secondary market firm to earn Standard and Poor’s highest servicer ranking (2004 and reaffirmed in 2006). In 2005, Coventry was first in revenue in the insurance category of the annual Inc. 500 listing of the fastest growing private companies in America.
Website: www.coventry.com
Sponsors
As one of the world’s leading banks, Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 48,000 people. Credit Suisse’s parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Credit Suisse Group’s registered shares (CSGN) are listed in Switzerland and, in the form of American Depository Shares (CS), in New York. The Life Finance Group at Credit Suisse is a dedicated group of over 90 professionals with backgrounds in various industries which include insurance, banking, structuring, sales and risk management based in New York, London and Hong Kong.
Website: www.credit-suisse.com
Stroock & Stroock & Lavan LLP is a leading law firm focused on insurance and structured insurance finance. Stroock attorneys have been actively involved in the structuring and issuance of most types of insurance-linked securities, including the first securitizations of Triple X, AXXX and disability reserves. Stroock and its clients have been at the forefront of developments in the areas of risk finance, alternative risk transfer, catastrophe bonds, credit for reinsurance, regulatory examinations, mortality bonds, weather derivatives and life settlement and premium finance matters. The firm's clients include a wide range of sponsors, arrangers and financial guarantors of, and investors in, these securities.
Website: www.stroock.com
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.6 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its JPMorgan and Chase brands. Information about the firm is available at www.jpmorganchase.com.
Website:www.lifemetrics.com
Deutsche Bank (NYSE: DB) is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With Euro 1,097 billion in assets and 67,474 employees in 73 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people. Deutsche Bank Securities Inc., member NYSE, NASD and SIPC, is the investment banking and securities arm of Deutsche Bank AG in the United States.
Website: www.db.com
Maple Life Financial is dedicated to helping institutional investors achieve their objectives in mortality-based products. Maple Life Financial is one of the country’s most highly respected life settlement providers. Maple Life Financial is headquartered in Bethesda, MD. For more information, please visit www.MapleLifeFinancial.com.
Website: www.maplelifefinancial.com
Insurance is one of the most highly regulated industries. Morrison & Foerster attorneys advise on a broad range of issues affecting the insurance industry, from capital markets and other business transactions, to tax and regulatory matters, to insolvency and restructuring advice, to insurance related litigation. With 1,000 attorneys in the world's financial centers, our wideranging experience enables us to provide our clients in the insurance industry with comprehensive regulatory, legal and business and strategic advice.
Website: www.mofo.com
At LIFE EQUITY, our pricing philosophy is governed by the standard that two policies with the same criteria will receive the same offer. We believe this approach results in consistent and higher payments to owners of life insurance policies who wish to integrate a life settlement into their financial planning. Our funding comes from top-rated financial institutions and not from private investors. LIFE EQUITY makes direct contact with policy owners or their intermediaries regarding offers made. This practice assures a more efficient and expeditious process.
Website: www.lifeequity.net
Abacus Settlements, LLC: In the heart of New York's financial district - and at the forefront of today's burgeoning life settlement industry - is Abacus Settlements, LLC, a Life Settlement Provider that has distinguished itself with success in many measurable ways. Abacus Settlements, LLC is committed to establishing long-term relationships with producers, brokers and financial professionals. We believe in building trusting relationships by working fast, hard, and smart to help you realize the successful outcome you require.
Website: www.abacussettlements.com
Life Insurance Settlements, Inc. (LIS) is one of the largest and most experienced brokers in the life settlement industry, as well as the number one choice for financial professionals seeking solutions for their Senior client life settlement needs. Our accomplished knowledge of life settlements, combined with solid relationships with multiple funders is used as an advantage; one that virtually offers your client one of the largest market values for their life insurance policy. We will negotiate the highest settlement offer on behalf of you and your client.The senior management team at our home office has been involved in the life insurance secondary market since 1993. This experienced team of experts understands the needs and expectations of the financial planning and life insurance industries as they apply to our core competency—life settlements. LIS provides the tools, support and education necessary for the financial or insurance professional to offer these as a complimentary service. This formula has helped our partners build a significant profit center without changing their current business plan.
Website: www.lisettlements.com

21st Services provides objective, customized life expectancy evaluations for longevity risk management and financial planning purposes. Life expectancies are based on a comprehensive review of a client’s medical history and provide a responsible starting point for financial planning and product recommendations.
Website: www.21stservices.com
EMSI is a national full-service provider of underwriting, risk management and claims investigation services to the insurance, legal, clinical and business communities. The company was founded in 1974 and is a privately held business with corporate offices in Scottsdale Arizona and a National Service Center in Irving Texas. It also has satellite operations in Waco, Omaha, Jacksonville, Chicago and Salt Lake City. EMSI employs over 2500 people and maintains 230 branch locations with 6,000 paramedical professionals. It serves a wide range of clients worldwide, including more than 900 life, health, worker’s compensation, property/casualty and long term care insurance companies. Its client base also includes 4,000 health services clients, legal firms, universities, government organizations and major pharmaceutical corporations.
Website: www.emsinet.com
Established in 2008, Peachtree Asset Management, Ltd. (“PAM”) is a UK based investment manager focused on providing global institutional investors direct access to non-correlated alternative assets acquired directly from premier originators in the U.S. PAM focuses on assets that represent high quality, illiquid deferred payment obligations including life settlements, structured legal settlements, lottery winnings and selected insurance and annuity products.
Website: www.lumpsum.com
Bermuda Stock Exchange (BSX). Established in 1971 the Bermuda Stock Exchange (BSX) is now the leading fully electronic offshore securities market. The Exchange specializes in listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants and Insurance Linked Securities. The BSX is an Approved Stock Exchange status under Australia’s Foreign Investment Fund (FIF) taxation rules, Designated Investment Exchange status by the UK’s Financial Services Authority and in December of 2007 was granted Recognised Stock Exchange by the UK HM Revenue and Customs. In February 2008 the BSX became a member of America’s Central Securities Depository Association. www.bsx.com tel: 441-292-7212
Website: www.bsx.com
AIR Worldwide Corporation (AIR) is the scientific leader and most respected provider of risk modeling software and consulting services. AIR founded the catastrophe modeling industry in 1987 and today models the risk from natural catastrophes and terrorism in more than 50 countries. More than 400 insurance, reinsurance, financial, corporate and government clients rely on AIR software and services for catastrophe risk management, insurance-linked securities, detailed site-specific wind and seismic engineering analyses, and property replacement cost valuation. AIR is a member of the ISO family of companies and is headquartered in Boston with additional offices in North America, Europe and Asia.
Website: www.air-worldwide.com
Locke Lord Bissell & Liddell is a full-service law firm of approximately 700 attorneys with offices in Atlanta, Austin, Boston, Chicago, Dallas, Houston, London, Los Angeles, New Orleans, New York, Sacramento and Washington, DC. Locke Lord has served the life settlement and premium finance industries for over 13 years and in the general life insurance industry for over 50 years. LLB&L represents clients involved in every aspect of life settlement and premium finance transactions, including institutional investors, financing entities, capital sources, premium finance lenders, domestic and foreign life settlement providers, life settlement brokers, life insurance producers, broker-dealers, and insurance and reinsurance companies.
Website: www.lockelord.com
Insurance Futures Exchange Services Ltd (IFEX) is an indirect wholly owned subsidiary of Climate Exchange plc. Climate Exchange Plc (CLE) is a holding company whose subsidiaries are principally engaged in owning, operating and developing exchanges to facilitate trading in environmental financial instruments including emissions reduction credits in both voluntary and mandatory markets. Its main businesses include the Chicago Climate Exchange (CCX) which operate a voluntary but legally binding cap and trade system including an exchange for CO2 emissions as well as SOx and NOx contracts in the US and internationally, the Chicago Climate Futures Exchange (CCFE) and the European Climate Exchange (ECX) which operates an exchange focused on compliance certificates for the mandatory European Emissions Trading Scheme.
Chicago Climate Exchange Website: www.chicagoclimateexchange.com
Insurance Futures Exchange Website: www.theifex.com
Fasano Associates is a leading underwriting firm, serving the life, annuity and life settlement markets, with particular expertise in over-65 and impaired life mortality. Fasano’s estimates of life expectancy are considered the most accurate in life settlement market, with an Actual to Expected accuracy ratio of 96% estimated in two successive independent actuarial evaluations. Contact Fasano at www.fasanoassociates.com.
Website: www.fasanoassociates.com


















