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Insurance Industry Forms Committee on Life Settlement Issues

The International Society of Life Settlement Professionals (ISLSP) has convened a group of industry experts to offer insight into life settlement securitization and commentary on recent congressional hearings.

The new committee will be headed by industry founder Wm. Scott Page. The first of three monthly webinars will serve as a follow-up meeting to discuss the recent Senate Finance Subcommittee hearing regarding the life settlement industry as well as recent issues gaining meaningful attention in the marketplace such as life settlement securitization.

The three ISLSP webinars are dedicated to investor and industry education with goals of clarifying benefits and misconceptions, while also providing a forum for extensive Q&A sessions and direct exchange of information among carefully selected top professionals in the industry.

"Our webinar sessions will enable participants to perform objective and in-depth analysis of industry developments and expose any conduct that would diminish the value of life settlement transactions," said Andreas Hauss, ISLSP founder. "These transactions offer the seller needed liquidity and the investor non-correlated diversification to rebuild their wealth in these difficult economic times."

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