ORLANDO, Fla.--(BUSINESS WIRE)--The Life Insurance Settlement Association (LISA) today announced a robust agenda, focused on regulatory developments surrounding life insurance and retirement security issues affecting seniors, for its 24th Annual Spring Life Settlement Conference. The conference will be held May 6-8 at the Willard InterContinental Washington in Washington, D.C.
“We’re excited to return to Washington, D.C. for this year’s Spring Conference, which is an appropriate destination in light of the significant recent legislative and regulatory developments that have improved market conditions for life settlement transactions,” said Darwin M. Bayston, CFA, president and chief executive officer of LISA. “This year’s agenda will take a deep dive into some of these specific issues and the ongoing efforts to make sure that seniors are aware of all options available to them if they own a life insurance policy they no longer need or can afford.”
This annual LISA-hosted event was one of the first professional gatherings of professionals in the life settlements industry when it debuted in 1995 and continues to bring together a wide range of industry participants – including life settlement providers, brokers, service providers and institutional investors. To register for the conference, please click here.
The conference kicks off on May 6th with a welcome networking reception and the educational content begins on the morning of May 7th. Following an opening general session presented by Mr. Bayston and James W. Maxson, chairman of LISA, the keynote address will be delivered by a Capitol Hill insider who will discuss potential Congressional initiatives to improve the retirement security of Americans.
Some of the other featured sessions at the conference include:
- “Insurance Regulation and the Latest at the NAIC” — Heather Eilers-Bowser, financial policy and legislative counsel for the National Association of Insurance Commissioners (NAIC), will provide an update on key initiatives underway at the NAIC.
- “Regulatory Panel” — A panel of senior regulators from various state insurance departments will address issues pertinent to the life settlement industry, such as consumer disclosure laws and cost of insurance regulations.
- “Playing Offense” — Derek Wooley, co-president of Nelson Taplin Goldwater, will discuss LISA’s pro-active legislative relations strategy designed to improve the life settlement marketplace and the protections it affords consumers.
- “Electronic Health Records: How They Will Revolutionize Underwriting Risk Assessment” — Traci Davis, chief underwriting officer at Elevation Underwriting, will provide an overview of electronic health records and how they will replace traditional medical records as the most critical driver behind understanding an insured person’s profile.
In addition to the educational content, the conference will feature a number of professional networking opportunities for attendees to engage with each other outside of the event sessions.
“As our industry continues to grow, it’s more important than ever for anyone who participates in the life settlement space -- or is considering entrance into the industry -- to stay on top of the latest regulatory developments that will shape our future and to connect with the leading players in the business,” said Mr. Bayston. “The Spring Life Settlement Conference is an essential forum where all of this information exchange and professional networking will take place.”
About the Life Insurance Settlement Association
The Life Insurance Settlement Association (LISA) is the nation’s oldest and largest organization representing participants in the life settlement industry, with a current membership of more than 90 companies doing business in all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. The mission of LISA is to promote the development, integrity and reputation of the life settlement industry, to advance the highest standards of practice and professional development for the industry, and to educate consumers and advisors about a life settlement as an alternative to lapse or surrender of a life insurance policy. For more information, visit www.lisa.org.