MIAMI, Nov. 27 — (BUSINESS WIRE) — David Dorr, Founder and CEO of Life-Exchange
Inc. (Pink Sheets: LFXG – News), will address the impact of technology on the life settlement marketplace at the upcoming Life Insurance Settlement Association’s (LISA) 12th Annual Fall Conference in New York City. The focus of Mr. Dorr’s presentation will be on the evolution of electronic trading platforms for life settlement transactions and how current technology can streamline the life settlement process and help secure the growth of the industry. A life settlement is the sale to a third party of an existing life insurance policy for an amount greater than the surrender value of the policy but lower than the face amount of the policy. Life settlement transactions have traditionally been labor-intensive, cumbersome and disorganized undertakings.
“I’m honored to speak in front of LISA members and share my insights on how technology can be leveraged to positively impact the life settlement industry,” stated Mr. Dorr. “This LISA conference offers an excellent opportunity for industry participants to learn about the trends, issues and opportunities facing our industry and discuss them as a group” added Mr. Dorr.
About Life-Exchange
Life-Exchange, Inc. is the largest and only independent, electronic trading platform for the life settlement industry. Designed by industry leaders, Life-Exchange serves the secondary life insurance market by bringing buyers and sellers of life settlement policies together in a virtual, online marketplace. The features of Life-Exchange are specifically designed to improve regulatory compliance, increase customer value, reduce transaction costs, create new revenue models, and add efficiency to an otherwise inefficient market. Founded in 2004, Life-Exchange is headquartered in Miami, Florida. For additional information on Life-Exchange, Inc. visit www.life-exchange.com or call 866-907-9766.
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