ILMA Charter Member Corporations

Credit Suisse logo
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.
Fortress
Fortress Investment Group LLC (NYSE: FIG) is a leading, highly diversified global investment management firm. Fortress applies its deep experience and specialized expertise across a range of investment strategies - private equity, credit, liquid markets and traditional fixed income - on behalf of over 1,400 institutional investors and private clients worldwide.

MIO Partners, Inc.
MIO Partners is a wholly-owned, indirect, separately managed subsidiary of McKinsey & Company, Inc. and is registered as an investment adviser with the Securities and Exchange Commission. MIO is responsible for managing the pension assets of McKinsey's partners, associates and support staff, as well as investment funds for McKinsey’s partners, former partners and their immediate family members. MIO manages its assets in a similar way to many fund-of-funds managers, foundations, university endowments and family offices. It principally uses third-party fund managers who make investments on its behalf, managing money on a discretionary basis. MIO offers a core investment portfolio in various structures, risk levels and currencies. The objective is to generate, over the long term, equity-like returns with a lower risk profile.

Vida Capital
As an asset management company in longevity contingent and specialty fixed income assets, we use our knowledge and experience to offer an array of investment products and services to deliver consistent returns with low correlation to traditional investments. We align our interests with the interests of our investors and partners with transparency, risk management and rigorous process control.
 

ILMA Transitional-Allied Member Corporations

Corry Capital Advisors
CCA is an asset management company specializing in longevity linked investments. We use our extensive experience and knowledge to provide consistent non-correlated returns to our institutional investors. We believe in aligning our interests with our investors by purchasing policies direct with no intermediary fee’s being incurred giving us the ability to maximize our investors returns.
 

ILMA Allied Member Corporations

Fasano Associates logo

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.

AVS Underwriting logo

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.

ASG logo
Asset Servicing Group
Since 2002, ASG has been a market leader in the settlement industry, successfully servicing thousands of policies and managing numerous portfolios for a variety of clients including investment banks and hedge funds.  Policy and insured data are effectively managed utilizing ASG’s proprietary policy management software, LifeCheckTM.  ASG’s new OpenLifeTM system allows policyowners instant access to the data and documentation for each of its policies and insureds - 24 hours per day, 7 days per week.  ASG’s experienced team provides turn-key servicing from beginning to end, including policy verification services, payment and management of premiums, insured tracking, ordering of medical records and LE’s, death claims administration and forms processing.  Each client is assigned an experienced, professional, portfolio manager to ensure that their individual needs are continuously met.  ASG has a long standing reputation for maintaining its commitment to high ethical standards, professionalism and trust with its clients.

Wilmington Trust
Wilmington Trust, an affiliate of M&T Bank Corporation, provides institutional services and customized solutions for our clients worldwide. We specialize in serving those who use capital markets financing structures and who seek to establish or maintain nexus or legal residency for special purpose entities. Wilmington Trust is distinguished from many of its competitors by the depth of experience and expertise of its global staff, its multi-jurisdictional presence, and its reputation for superior service and execution. Wilmington Trust has offices throughout the United States, the Cayman Islands, the Channel Islands, London, Dublin, Frankfurt, Luxembourg, and Amsterdam. Wilmington Trust serves as verification agent, escrow agent, trustee, securities intermediary, premium paying agent, and other similar roles in life settlement and life insurance premium finance transactions.

Silver Point Capital
Wells Fargo
EMSI
EMSI is a life expectancy provider which has been a cornerstone to the insurance industry which leads the LS space in mortality data and underwriting expertise on senior risks. As a leading provider of medical requirements and underwriting services to insurance carriers for over 30 years , and the only LE provider to manage a large mortality study group of life settlement lives for over six years, our insight on mortality and longevity factors is unmatched. EMSI utilizes traditional and proven medical underwriting assessment methodology with a focus on the importance of understanding the subtle nuances of older aged impairments and processes, with the ability to understand the critical relationship between underwriting “art” and actuarial science in order to develop homogenous groups that consistently meet expected performance. The only LE provider that encompasses a platform of services (incorporating medical records, proprietary pharmaceutical pulls, senior assessments, and underwriting interviews) which enables a client to a “one stop shop” for LE underwriting expertise and tools necessary to develop consistent insured and portfolio risks with stringent security practices and a solid “chain of custody” in place. EMSI places as much emphasis on our data and expertise as we do on our client relationships, our hands on customer service and belief in longstanding partnerships is unmatched.
Lewis & Ellis
Lewis & Ellis is a leading US actuarial consulting firm and has provided services to the insurance industry for 45 years. We are the largest provider of actuarial services to the life settlement market and have served this market for over 10 years from our offices in Kansas City, London and Dallas. Each of Roger Annin, Tim DeMars and Scott Morrow are Fellows of both the Society of Actuaries in the US and the Institute of Actuaries in the UK and offer significant expertise to investors for evaluating mortality assumptions based on underwriting methodologies and in modeling policy and fund risks. We have completed valuations for over 40 funds and worked with virtually every major audit firm serving the market. We also work with numerous clients on risk and cash management, policy acquisitions, hedging of longevity risk, fund structures and general fund management. Our clients cover four continents and include major investment banks, hedge funds, family offices, underwriting companies and law offices dealing with market issues.
   

 

 

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