New Netherland Life Settlement Firm

It is strange that they used the name Abacus Life Settlements since there is a US based Life Settlement Funder named Abacus Settlements. Here is the article:

Experienced European Specialist Starts His Own New Life Settlement Firm

January 3, 2008 — Netherlands — The year has just begun and Life-Exchange has just added a new Member firm to its list. Titus van Heur, a seasoned CEO of many companies, has started his own firm as Abacus Life Settlements Management in the Netherlands. Previously he was responsible for managing another Dutch firm active in this field.

“I am proud to announce the start of my own firm in the US Life Settlements market. If you believe in this business as I do, it is important to show commitment to the market and your future clients. I will work together with a professional team of at least 2 other members, who also participate in my firm. They have built up experience in the Life Insurance business in the Netherlands and also have experience as CFOs with larger organizations. The network of people they know was also an important element of starting the business relationship with them.

One of our cornerstones of accepting clients is, that they have a high level of integrity and ethics. We will not accept every client that might want to do business with us. Only if they meet our ethical standards will we then build a business relationship together. We will focus on Institutional Investors in Europe. The US Life settlements will be managed either directly or via funds to be set up. We are really excited about this and expect a lot of business to be built up in a couple of month’s time.

We will also focus on Funds already active in Life Settlements with a need for temporary external asset management services. I am aware of funds in Germany for example that lack proper asset management experience in this asset class and have found themselves far too dependent on US providers. These are the kind of funds that will likely run into problems in the coming years if nothing is done about it.

Last but not least we are very pleased to also have become a Member of Life-Exchange, commented Mr. Van Heur.

For more information on Abacus Life Settlements Management, B.V. please visit their website at www.abacuslsm.com.

For more information about Life Exchange, visit Life Settlement Auctions.

Don’t forget that Life Settlement Magazine is coming soon.