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Life ILS Conference Wednesday 15Th May 2019 elsa-sls.org Life ILS Conference Wednesday 15th May 2019 London, UK elsa-sls.org 1 Dear Conference Attendees We at ELSA are delighted to welcome you to Life ILS Conference | 2019. The first of its kind conference comes at an exciting time in the life markets. Holders of longevity/mortality risk, capital market participants and policy makers are coming together to discuss and debate positive solutions to the demographic challenges of an ageing population. We would like to take this opportunity to thank our sponsors without whom this event would not be possible: Actuarial Risk Management, Arent Fox, Brean Capital, BroadRiver Asset Management, Clearlife, Corry Capital Advisors, EM3 Law, ISC Services, Life Equity, LifeRoc Capital, Maple Life Analytics, MLF LexServ, Vida Capital, Willkie Farr & Gallagher (UK) and Wilmington Trust. In addition, we would like to thank our speakers who have provided a fantastic program of transaction-focused presentations; Prof. Andrew Cairns, Andrew Plevin, Christophe Heck, Cory Zass, Craig Gillespie, Prof. David Blake, Doug Anderson, Doug Fullam, Eric Paire, Gareth Mee, Guy Coughlan, Himanshu Chaturvedi, Jack Kelly, Jennifer Donohue, Kirsty Maclean, Laura Hardy, Luca Tres, Nicholas Bugler, Scott Mitchell, Scott Willkomm and Simon Erritt. Lastly, we would like to thank the members of the organizing committee and our hosts EY who have put together a fantastic conference. We look forward to an exciting meeting that promises great debate and a unique networking opportunity. ELSA very much hopes you enjoy the Life ILS Conference | 2019 and your visit to the great city of London. → CHRIS WELLS Executive Director | ELSA Venue Host EY Our Location At EY, we are committed to building a better working world – with EY, 25 Churchill Place increased trust and confidence in business, sustainable growth, development of talent in all its forms, and greater collaboration. Canary Wharf London E14 5EY, UK We want to build a better working world through our own actions and by engaging with like-minded organisations and individuals. General Enquiries This is our purpose – and why we exist as an organisation. [email protected] Running through our organisation is a strong sense of obligation to serve a number of different stakeholders who count on us to Visit us at deliver quality and excellence in everything we do. www.ey.com We want to use our global reach and scale to convene the conversation about the challenges facing economies and the capital markets. When business works better, the world works better. Conference Partner Life Equity Our Location Life Equity is an established leader in the life settlement and Canal Place Building 17 structured settlement industries. 530 South Main Street As a life settlement provider, Life Equity works with investors Suite 1731 to purchase life insurance policies and buy or sell in the Akron, Ohio 44311 tertiary market. Also, Life Equity excels as one of the largest administration and servicing specialists for life settlement and General Enquiries structured settlement portfolios. [email protected] Life Equity is a member of the Coventry group of companies. → Visit us at Sponsors www.lifeequity.com LIFE EqUITY 012 Life ILS Conference 2019 elsa-sls.org 1 Morning Break Sponsor Afternoon Break Sponsors MLF LexServ Brean Capital MapleLife Analytics Our Location MLF LexServ, L.P. (“LexServ”) is a leading independent portfolio Brean Capital , founded in 1973, is a Broker-Dealer and Maple Life Analytics (“MLA”) is an industry leading actuarial 4350 East-West Hwy, Suite 905 servicer in the secondary life insurance market. Owned by Cantor Investment Bank headquartered in New York with a nationwide and consulting services firm, specializing in the analysis and Fitzgerald and Reservoir Capital Group, LexServ offers a full array footprint. As a boutique investment bank serving over 1,100 management of Life Settlements and other mortality based Bethesda, MD 20814 of traditional life portfolio services, as well as unique portfolio institutional investors with 130 employees in its 14 offices assets. MLA established a world class reputation based upon United States onboarding and maintenance options. throughout the U.S., Brean focuses on delivering high-quality our asset class expertise, extensive experience, and unparalleled investment ideas and investment banking services to institutional access to data. Our research and analysis improves performance General Enquiries LexServ is institutional by nature and we have always been at the investors and corporate clients. and capitalizes on value across our client’s investment life-cycle. [email protected] forefront of operational compliance and control. LexServ has completed SOC-1 Type II (SSAE) Operational Control audits with Our services include corporate finance, capital raising and MLA is deeply embedded in the life settlement market; our team accredited external audit firms annually since 2012. This external underwritings, recapitalizations and restructurings, advisory of experienced attorneys, actuaries, and financial professionals Visit us at validation provides confidence in key servicing controls and the investment banking, and securitizations. Our fixed income has evaluated policies representing in excess of $60 billion in www.mlflexserv.com audit report is used by many LexServ clients to satisfy their own business provides sales, trading, and banking services on a death benefit for portfolio owners. We partner with investors, service partner audit requirements. wide range of mortgage and asset-backed, US Treasury and lenders, and others seeking expert optics into the performance, government agency securities, structured products, corporate risk analysis, and trade of mortality based products. Our proven processes make it easy for clients to manage their life bonds and municipal securities. insurance portfolios. We excel with Policy Analysis and Premium Optimization, and clients enjoy transparency with broad and Visit us at: www.breancapital.com Visit us at: www.maplelifeanalytics.com secure access to both data and documents via our ServiceTrack application. We are committed to innovation, technology, service excellence, and to providing world class care for our clients and their portfolios. Lunch Break Sponsor Cocktail Reception Sponsor Corry Capital Advisors BroadRiver Asset Management Our Location Corry Capital Advisors, LLC (CCA) was founded in 2006. CCA Our Location Formed in 2009, BroadRiver Asset Management, L.P. specializes One Village Square specializes in providing investment management to investors Empire State Building in providing its clients with compelling risk-adjusted returns by seeking uncorrelated returns in the Life Settlement asset class. creating and managing uncorrelated alternative investments with 417 Walnut Street, Suite 201 350 5th Avenue, Suite 3100 many of the features of fixed-income investments. Sewickley, PA 15143 CCA invests in non-contestable Life Insurance policies. CCA’s New York, NY 10118 senior management team averages 25 years of experience in We focus on offering investments with many of the attractive General Enquiries financial services with a focus in the life insurance and life General Enquiries characteristics of investment grade fixed income assets – [email protected] settlement industries. CCA’s clients include Pension Plans, [email protected] dependable yield, high credit quality, and low-volatility – with University Endowments, Foundations and Family Offices. the added benefit of low correlation to financial markets and general economic conditions. We are known for our data-driven Visit us at Visit us at approach, which enables us to identify and exploit inefficient www.corrycapital.com www.broadrivercap.com niches in alternative assets where we can be price-setters rather than price takers. We are particularly sensitive to protection of principal and our clients’ needs to reliably match or exceed overall portfolio benchmarks. 2 Life ILS Conference 2019 elsa-sls.org 3 Conference Supporters Since 2006, Actuarial Risk Management Founded in 1942, Arent Fox is Founded in 2007, ClearLife develops Predictive Resources is a recognized With roots dating back to the founding of Founded in 2009 and headquartered (ARM) has been a valued strategic partner internationally recognized in core practice software platforms for life settlements thought leader in the longevity space, Wilmington Trust Company by T. Coleman in Austin, Texas, Vida Capital is a to many Top 30 accounting firms and their areas where business and the law and lifetime mortgages. Our platforms are and over 150 industry players rely on its DuPont in 1903, Wilmington Trust has multi-billion dollar alternative asset clients, delivering unparalleled actuarial intersect. With more than 450 lawyers, fully integrated and include cutting-edge longevity-related products and services. been serving institutional clients for 112 management firm that manages both knowledge to an ever-growing global client the firm provides strategic legal counsel valuation models and analytics. Founded in 2013, Predictive combines years. We have been a leader in corporate evergreen and closed-end structures. list. The ARM Network includes over 75 and multidisciplinary solutions to a global actuarial, underwriting, IT, predictive trust services, serving on some of the Vida specializes solely in insurance-linked credentialed actuaries; averaging 25 years roster of corporations, governments, and We also deliver consultancy to those modeling, and clinical
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