Life Policy Group to Host Life Settlement Investment Seminar

April 30th, 2010

LPG Press Release

Executives From Locke Lord Bissell & Liddell LLP, Mills, Potoczak & Company, And Others To Join Life Policy Group In New York To Discuss Key Industry Questions

New York, NY – March 29, 2010 – Life Policy Group (LPG), a specialist in life settlement investment and policy acquisition, today announced it will host a life settlement investment seminar for qualified hedge funds, family offices, endowments and pensions at the Yale Club in New York on May 19, 2010 from 7:30 a.m. to 10:00a.m.

Developed in response to increasing demand from institutional investors seeking answers to their questions about this emerging asset class, LPG’s Life Settlement Investment Seminar will include presentations on the fundamentals of the asset class and policy acquisition, the impact of new regulations, trends in life settlement servicing, and the outlook for the industry in 2010 and beyond.  Industry executives scheduled to speak at this exciting investor seminar include:

- Mark Engelhardt, CEO, Life Policy Group

- Brian Casey, Partner at Locke Lord Bissell & Liddell LLP

- Bill Potoczak, Joint Owner, Mills, Potoczak & Company

Registration for investors is limited.  For more information or to register visit http://www.lifepolicygroup.com/life-settlement-seminars.php or call 866 854 6185.

About Life Policy Group

Founded in 2007, Life Policy Group (LPG) is a specialist in life settlements investment and policy acquisition.  Directly and through its subsidiaries, which include Life Settlement Leads and LifeBack, LPG participates in all aspects of life settlement investing providing investment advice and solutions to institutional investors, family offices, broker-dealers, high net worth investors, consumers and other life settlement service providers. LPG applies extensive life settlement expertise and proprietary technology to policy acquisition and valuation, policy and portfolio servicing, and fund management to provide clients with comprehensive life settlement solutions designed to enhance their investment returns.



Mark Engelhardt Joins Life Policy Group as Chief Executive Officer

April 30th, 2010

LPG Press Release

New York, NY – March 29, 2010 – Life Policy Group (LPG), a specialist in life settlements investment and policy acquisition, today announced that its board of directors has appointed Mark Engelhardt to lead the company as Chief Executive Officer.  Mr. Engelhardt will be responsible for overseeing all aspects of LPG’s product development, sales and marketing execution, and operations.

“Life settlements are expected to experience significant growth over the next ten years and LPG has the experienced team, proprietary technology and vision to drive this growth,” said Mr. Engelhardt. “My mission is to bring LPG’s broad array of investment options, including life settlement investment consulting, custom structured products, individual policy acquisition strategies, and institutional managed funds to institutional investors, family offices and qualified individual investors.”

Mr. Engelhardt brings over 25 years of institutional expertise to Life Policy Group having devoted his career to emerging markets and practices, holding leadership roles in a number of capital markets focused firms.  Most recently, Mark was founder of LEAF Advisors, a life settlements provider and consulting firm.  He developed LEAF to become a premier firm for due diligence and servicing analysis, developing solid relationships with the larger hedge fund and asset management firms.

Prior to LEAF, Mark was Vice President of Sales at Perot Systems, where he structured the business development effort with greater focus on client satisfaction and growth. He led the internal collaboration effort among internal divisions, creating opportunities through increased market awareness.  Mark also held the position of Managing Partner at Accurum, which provided offshore resource solutions to Capital Markets clients.

Mr. Engelhardt received a bachelor’s of arts degree in mathematics from the University of Southern California.

About Life Policy Group

Founded in 2007, Life Policy Group (LPG) is a specialist in life settlements investment and policy acquisition.  Directly and through its subsidiaries, which include Life Settlement Leads and LifeBack, LPG participates in all aspects of life settlement investing providing investment advice and solutions to institutional investors, family offices, broker-dealers, high net worth investors, consumers and other life settlement service providers. LPG applies extensive life settlement expertise and proprietary technology to policy acquisition and valuation, policy and portfolio servicing, and fund management to provide clients with comprehensive life settlement solutions designed to enhance their investment returns.

LPG will be hosting a life settlement investment seminar on 19 May in New York.  For more information about discussion topics and guest speakers visit www.lifepolicygroup.com/life-settlement-seminars or call 866 854 6185.



Wisconsin Senate Approves Settlement Bill

February 25th, 2010

National Underwriter Life and Health

By: Trevor Thomas

The Wisconsin Senate Tuesday unanimously passed a bill requiring life insurance policies to be in force at least 5 years before consumers can sell the policies through a settlement. The bill, S.B. 513, would change an older law that has permitted consumers to sell policies after holding the policies for 2 years.

Commentary by Life Policy Group:

Evidence that consumer choice is restricted again because the regulators and the life offices will not properly monitor the applications for life insurance and act accordingly.

Read the original article here



Will Regulators Kill Off Fledgling Secondary Market for Death Benefits?

February 23rd, 2010

Investment News

By: Darla Mercado

State insurance regulators Monday voted in favor of a proposal that would allow carriers to terminate an annuity living or death benefit if a client sold the contract over the secondary market.

The management committee and full commission of the Interstate Insurance Product Regulation Commission, a group that’s affiliated with the National Association of Insurance Commissioners, voted in favor of a uniform set of additional standards for guaranteed living and death benefits that are attached to individual deferred annuities.

Some 36 jurisdictions, including Puerto Rico, comprise the IIPRC. Thirty regulators took part in the full commission vote on Monday. Only Indiana voted against the proposal.

Commentary by Life Policy Group:

It’s difficult to see the logic in this.  It hardly enhances customer choice and yet again returns power to  the few!

Read the original article here



Commentary: Protect Wisconsin Consumers — Stop the Insurance Scams

February 15th, 2010

The Journal Times

By: State Sen. John Lehman Racine

Years ago there was a popular television game show called “You Bet Your Life.” Today, unscrupulous scam artists are playing an updated version with a financial scheme targeting seniors, the severely ill and investors using “stranger-originated life insurance.” But instead of fabulous prizes and vacations, victims are left with parting gifts like unexpected tax liabilities, legal bills and problems purchasing life insurance.

The scam is based on “viatical” life insurance transactions. Created to help gravely ill individuals, these agreements allow people to cash in their life insurance policies before the date of maturity and use the funds to cover medical bills or health insurance costs.

Commentary by Life Policy Group:

The sooner all states outlaw STOLI the better it will be for all.

Read the original article here