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Coventry opens office over seas

Coventry is expanding their operations to London. Coventry is one of the largest purchasers in the life settlement market. We have not been informed of exactly the operations of this office, but it can only be positive growth for the market.

Coventry First said it has opened a London office and hired two managing directors, including former Deutsche Bank investment banker Michael Crane.

Besides Crane, the company also has hired Simon Erritt, according to Sheylea Graybill, director of marketing for Coventry.

Crane was previously managing director for longevity derivatives for Deutsche Bank. He left the bank in October.

Coventry is based in Fort Washington, PA.

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