D.C. Life Settlement Conference Concludes as Congressional Representatives Address Industry Professionals

Category LISA
Posted Date 05/04/2010
Publish By Life Insurance Settlement Association
Publish Date 05/04/2010
Rating Neutral

Life Insurance Settlement Association, 4 May 2010

Orlando, FL

On April 30, the leading industry association for the life settlement industry successfully concluded its 16th consecutive annual spring conference. The Life Insurance Settlement Association (LISA) convened their annual spring meeting in the nation’s capital, Washington, D.C. The bi-annual gathering is widely recognized as the longest running life settlement event in the industry. This year’s event drew the largest crowd of any major life settlement conference held to date. The 16th Annual Spring Life Settlement Conference brought together representatives from every industry segment as well as policy makers and members of the media.

“I believe that a major reason why we are able to consistently draw the largest crowds each year is reflected in the seriousness with which we approach the issues,” commented Doug Head, LISA Executive Director. “As the voice of the industry, we have a responsibility to address the most pressing issues affecting the near and long term future of this industry. The depth and breadth of our conference faculty and our spring agenda reflects our deliberate approach to the issues.” Questions of a possible federal regulatory role in life settlements underpinned the spring conference agenda. To address this emergent issue, LISA welcomed three prominent policy makers to speak, Senator Jack Reed (D-RI), Representative Alan Grayson (D-FL) and Representative Kendrick Meek (D-FL). Due to a committee schedule conflict, Sen. Reed was unable to attend. Attendees listened to the remarks of Rep. Grayson and Rep. Meek, both members of influential congressional committees affecting aspects of the life settlement industry. “We’re extremely grateful for Rep. Grayson’s and Rep. Meek’s thoughtful remarks during our spring meeting. Both representatives brought useful insights into the workings of Capitol Hill and the ongoing federal inquiries,” explained Mr. Head.

As a matter of regular business, LISA convenes a closed door members-only election for its board of directors at each spring meeting. This year the election drew an increase in the number of candidates and overall interest. The event resulted in the re-election of three current board members and three new members. Mike Fasano of Fasano Associates (Washington, D.C.), Bryan Freeman of Habersham Funding, LLC (Atlanta, Georgia) and John McCarroll of Q Capital Strategies, LLC (New York, NY) all won re-election to the LISA Board. Additionally, LISA welcomed new board members Zohar Elhanani of Legacy Benefits (New York, NY), Nate Evans of Maple Life Financial, Inc. (Bethesda, MD) and Craig Seitel of Abacus Settlements, LLC (New York, NY). “We were lucky to receive such a deep slate of candidates and emerge with these well respected industry professionals,” commented Will Menezes, LISA Business Manager. “Confronting the important issues of the day will call for strong and decisive leadership. We have received that in this outcome.”

The LISA Events Department received praise from a variety of conference attendees and is currently planning its 16th Annual Fall Life Settlements Conference (date and location TBA).

About LISA

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 over 130 members with a wide variety of interests in the industry. For more about the association, visit www.thevoiceoftheindustry.com.


LISA Events Department

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