Institutional Life Markets Association

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ILMA Charter Member Corporations
	JPMorgan Chase & Co. JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.3 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 J.P. Morgan, Chase and WaMu brands. www.jpmorganchase .com.
	Credit Suisse 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 45,000 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.
	EFG International – a private bank unlike any other EFG International is a global private banking group which operates in 50 locations in over 30 countries. A publicly listed company, it is a member of Geneva-based EFG Group, the third-largest banking group in Switzerland by Tier-1 Capital. EFG is driven by a passionate desire to provide clients with the level of service they expect and deserve. As a result, EFG has an unbroken record of dynamic growth. This is possible only by providing clients with a level of service they expect and deserve. Since 2006, EFG International has built a reputation as a significant institutional investor in life settlements. With a focus on the investor side of the business, it has produced a number of significant structures drawing on both cash and synthetic transactions.
	Goldman Sachs & Co., Inc Goldman Sachs is a leading global investment banking, securities and investment management firm that provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net worth individuals. Founded in 1869, it is one of the oldest and largest investment banking firms. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.
	Mizuho International PLC Mizuho International plc is the London-based subsidiary of Mizuho Securities Co. Ltd., Tokyo, which is the investment banking arm of Mizuho Financial Group, one of the largest financial institutions in Japan. Mizuho International plc has a dedicated team of specialists focused on origination, structuring and trading of longevity risk and is backed by a fully integrated support function. Sample executions include synthetic longevity structures and derivatives backed by life insurance policies, as well as portfolio and corporate restructurings.
	UBS UBS Investment Bank is one of the world’s leading investment banking and securities firms, providing a full range of products to corporates, governments, hedge funds, financial sponsors, private equity firms, banks, brokers and asset managers worldwide.
	WestLB WestLB has a long-standing presence in the corporate, structured and asset-backed financing sectors supporting clients' needs with capital commitments, advisory services and innovative financing solutions. WestLB AG is one of Germany´s leading financial services providers and offers the full range of products and services of a universal bank, focusing on lending, structured finance, capital market and private equity products, private banking, asset management, transaction services and real estate finance.

ILMA Allied Member Corporations
	ISC Services ISC Services was founded with the goal of becoming the market leader in providing high quality, customized Life Expectancy assessments to providers of Life Settlements. To support this effort ISC Services has assembled a team of experienced and highly qualified medical underwriters, medical doctors and actuaries whose primary goal is to deliver consistently accurate assessments using the strictest quality control methods. To further support this professional staff, and to ensure that the company can turn around evaluations quickly and accurately, ISC Services has developed a proprietary, state-of-the-art, software system to effectively manage the flow of business and create seamless communications with its expanding client base and among its professional staff."
	Fasano Associates Fasano Associates is a leading life settlement underwriter. Its estimates of life expectancy are the most consistent and accurate in the business, with an Actual to Expected ratio of 96%, as determined in three successive independent actuarial studies. Fasano is the only life settlement underwriter to integrate physicians in the analytic process, with over 20 physician analysts, including former Chief Medical Directors of New York Life, First Colony Life (Genworth) and Provident Mutual. Its proprietary mortality tables facilitate more precise cash flow modeling by incorporating changes in the slope of the mortality curve related to the overall mortality rating.
	21st Services 21st Services is one of the oldest and most experienced providers of life expectancy evaluations in the market today. Considered one of the premier providers, 21st Services differentiates itself along many dimensions. 21st utilizes ICD9 codes within its underwriting process, recognizes preferred mortality, incorporates future mortality improvements and provides a complete mortality curve as part of its evaluation. Most importantly, 21st Services is the only provider with a rules-based system, which means its life expectancies are objective and replicable, leading to enhanced transparency. 21st Services’ underwriting procedures are constantly reviewed by a Medical Advisory Board of highly regarded physicians from across the country; specialists in a wide variety of areas such as cardiology, nephrology, neurology, oncology and epidemiology. This ensures that their MedDiag system stays current with medical developments, particularly those affecting senior health and longevity. 21st Services is the only provider sponsoring a landmark study with the Chronic Disease Research Group, an interdisciplinary biomedical researcher. Ultimately, the study will facilitate the analysis of 20 million senior records, which is approximately 50 times the data currently available in the life settlements market, which will help provide additional accuracy to 21st’s mortality tables and their debit / credit process. 21st Services is committed to being the expert in longevity.
	AVS Underwriting AVS Underwriting is the oldest and largest life expectancy underwriter in the life settlement industry. Started in 1994, AVS has received and reviewed more than 280,000 medical records and provided the most consistent and conservative life expectancies for 15 years. The Kennesaw, GA based firm has 70 employees, including 35 physicians and nurses; and 11 underwriters, most with life underwriting experience. AVS has developed the most technological advanced system of underwriting, providing the most efficient, effective and scalable platform in the business. AVS maintains the largest continuous database of senior lives in the industry, providing life expectancies for individual cases and portfolios, tracking services, redacting and fraud analysis to the industry.