September 12, 2007 by Administrator

The Peninsula Group, LLC (Peninsula) announced today that Ken Morris has joined their management group as National Sales Manager. His responsibilities will extend throughout the enterprise to encompass the direction of nationwide sales origination for both Secondary Life Capital, LLC and Premium Life, LLC. Peninsula’s CEO & Co-Managing Partner, J. Mark Goode commented, “we are proud to introduce and welcome Ken Morris as a highly valued member of our Peninsula management group.” For more than a decade, Ken Morris has played a substantial role in the development and growth of the secondary life insurance market. “Ken’s experience, energy and reputation for outstanding performance with brokers and insurance professionals is well known throughout our industry.” “Ken has a proven track record in closing hundreds of life settlements while making great things happen for funders, brokers and policy owners alike,” Mr. Goode added.

Ken Morris will be attending and representing The Peninsula Group at the upcoming Life Settlements Conference being held in Orlando, Florida on September 16 – 18, 2007.  “I am very much looking forward to attending this Life Settlement Conference so soon after joining Peninsula. The Orlando conference will be a great opportunity to introduce myself to the life settlement community as the newest member of The Peninsula Group,” Ken Morris commented.

About Peninsula
The Peninsula Group, LLC is an innovative and integrated provider of investment products and services focused on the secondary life insurance market. Peninsula’s operating companies include Secondary Life Capital, LLC (a licensed life settlement provider), and Life Policy Dynamics, LLC (policy evaluations, servicing and portfolio management), as well as Premium Life, LLC (premium finance origination). Also within the group, Peninsula Insurance Capital, LLC serves as a manager of investment funds dedicated exclusively to the asset class. Together, the Peninsula companies serve all institutional investor requirements within the life settlement and premium finance markets.

Life Settlement Magazine as well as Life Settlement Auctions are planning on also attending the conference in Orlando.

Call 1-888-973-8377 with any Life Settlement Questions.

September 8, 2007 by Administrator

Structured product specialist Meteor is teaming up with EEA Fund Management to launch its first open-ended product, a viaticals vehicle targeting 8% per annum.

The Meteor Senior Life Settlement Sterling fund, which comes to market on 1 October, invests in policies issued by American-based life assurance companies such as AIG
and Prudential.

ViaSource, the specialist life settlements provider, is the investment adviser and is responsible for selecting policies. EEA’s Simon Shaw then picks from these to build the portfolio.

The product largely mirrors EEAs existing Life Settlement fund, launched in November 2005, although Meteor’s vehicle will invest in policies from slightly higher-quality companies.

Source: Investment Week

For more Viatical and Life Settlement Portfolio info, visit Life Settlement Information.

September 3, 2007 by Administrator

Life Settlement Association Demonstrates Historic Value Provided to Consumers

ORLANDO, FL–(Marketwire – August 29, 2007) – The Life Insurance Settlement Association (LISA) has published a major data report confirming the historic and present value to consumers provided by the life settlement industry. Commissioned by LISA, the Data Collection Report serves to analyze the growth, averages, and trends of the life settlement industry for 2004 and 2005. Multiple life settlement providers contributed to the report, resulting in the largest data sample published in the history of the life settlement industry by any non-governmental effort.

According to the report, in just two years, the 11 measured companies paid more than $854 million dollars above cash surrender value to consumers. “The two years studied in this effort represent key middle years of the growth of the industry and signal successful future value to consumers,” said Doug Head, LISA Executive Director.

The life settlement industry has experienced tremendous growth in the past six years. The rapid expansion of settlements brought calls from regulators, journalists, and the public, for an accurate estimate of the size of the settlement industry. Concerns expressed by these interested parties led LISA to address this issue at their 2006 New York City Spring Conference. Key committees and all present members discussed and affirmed the need to produce data for the life settlement industry. The Data Collection Report initiative was born.

At the outset, LISA recognized certain basic systemic problems in the attempt to collect data: no uniform data collection process exists; not all states require reporting; relatively few companies file official reports.

Beyond systemic obstacles, LISA understood that any attempt to compile statistical data might be viewed as improperly skewed and/or inaccurate. Early LISA efforts to quantify the size of the industry were cited in market and scholarly documents despite their anecdotal nature. “These initial estimates are supported by the Data Collection Report, which gives real substance to the trends we have reported,” said Head.

“A unique opportunity for further growth is upon us today,” said LISA President Ramiro Rencurrell, “and with the help of our valued members we are contributing substantive data to better understand the size and value of this burgeoning industry for consumers.” Head added, “LISA will continue to acquire statistics to elevate public discourse on the life settlement industry and its future. While the rhetoric of the debate is often fueled by conjecture, it is helpful to have facts which support our contribution to consumers.” To view the Data Collection Report, please visit: http://lisassociation.org/public/contact_us/public_signup2.html.

Established in 1994, the Life Insurance Settlement Association is the oldest and largest trade organization in the industry. Its goal is to promote the development, integrity, and reputation of the life settlement industry, and to promote a competitive market for the people it serves. LISA now represents 155 members with a wide variety of interests in the industry.

The Industry is growing, more online resources coming in the near future:
Life Settlement Magazine
Life Settlement Info
Life Settlement Forum
Life Settlement Marketing

September 1, 2007 by Administrator

Imperial Finance & Trading, LLC Hires Jonathan Moulton and Jim Purdy as National Sales Managers

BOCA RATON, Fla.–(BUSINESS WIRE)–Imperial Finance & Trading, LLC, a leader in premium finance for life insurance, has appointed Jonathan Moulton and Jim Purdy as National Sales Managers. Together they will focus on expanding Imperial’s presence in the specialty finance industry, as well as manage a nationwide staff.

Jonathan Moulton, National Sales Manager, has ten years of premium finance sales experience. He was previously Broker Relations Manager for Life Settlement Corporation, a division of Peachtree Life Settlements. He has also been a sales and service representative for R.E. Moulton, Inc., and the director of sponsorship for Bill Bass Concerts.

Jim Purdy, National Sales Manager, brings ten years of industry experience to his position at Imperial. He was Broker Relations Manager for Life Settlement Corporation, a division of Peachtree Life Settlements. He was also the founder and CEO of Florida Builders Diversified.

About Imperial

Imperial Finance & Trading, LLC is a specialty finance company focused on the premium finance and life settlement industries. Premium financing is a service which enables individuals to secure a life insurance policy without liquidating their current assets for establishing estate planning. A life settlement is the sale of an existing life insurance policy to an unrelated investor for an amount greater than the policy’s cash surrender value but lower than the face amount of the policy. Imperial is located in Boca Raton, Florida.

Call 1-888-973-8377 to speak with a professional regarding Life Settlement or Premium Financing Opportunities.

Also visit: Florida Premium Finance