Administrative Services

One of the frequent benefits claimed by life settlement pool organizers is its management simplicity.  Since there is no market volatility to obsess over (the reasoning goes), an investment in a life settlement pool is a “sleep at night” decision.  This may be the case for the investors but it certainly isn’t the case for management.  Since the asset behaves differently than listed equities, a heightened level of investor communication is needed to answer questions which are rarely, if ever, asked of equity pool managers. 

Communication isn’t limited to investors.  The life insurance companies must be contacted to activate policy features, facilitate change of ownership and beneficiaries and determine optimum uses of accumulated cash values.  Tracking companies, trustees, attorneys and accountants must be evaluated, selected, engaged and monitored. 
Premium accounting becomes a multi-dimensional challenge for management. Ongoing analysis and decisions on mortality costs, account crediting, premium inves-tment and payment techniques as well as reserve allocations consume a significant amount of managerial time and talent. 
Looming ever larger on the life settlement horizon is the growing body of regulations impacting the asset class.  Jurisdictional issues, individual state rule promulgation, compliance and tax strategies are overlaid onto a state, federal and multinational map of often conflicting laws. 
A life contract is a dynamic instrument.  The act of converting it into a life settlement imposes a superset of management control requirements.  Add to this the effects of pool amalgamation and you’re facing a complex and demanding management commitment.  Rather than attempt it yourself, investigate Mosaic.  Our experience in life settlement asset management and the affordability of our services makes us the logical choice for your administrative needs. 
 

Other Services:

  • Portfolio Design Services
  • Policy Evaluation Services
  • Portfolio Management