As the market for Life Settlements matures and grows larger, the buyers are employing various strategies to stay competitive.
Changes in legislation could be a boon for the Life Settlement business. The sale of an existing life insurance policy, through a regulated life settlement transaction, is so pro-consumer that more states are requiring insurance companies to notify senior insured about the exisitence of the life settlement option/market.
Doug Himmel, a Partner of Melville Capital, is featured in an interview regarding Life Settlements in the preeminent Alt's publication, AllAboutAlpha.
Melville Capital Structured Products Group brokered the sale of a structured settlement annuity where, after advisement from Melville, the Trustee determined her initial bid was insufficient and, by hiring Melville, she sought a bid that would deliver much needed proceeds back to the Debtors.
Melville Capital, LLC brokered the sale of a life insurance policy in a highly time sensitive and complicated matter where the policy was thought to have lapsed without value by the insurer.
Policy was originally deemed worthless after discovery and thorough investigation.
SageCrest Press Release. Melville Capital, LLC brokers the sale of Antietam Funding, LLC life settlement portfolio delivering over $10,750,000 to the bankrupt estate.
Melville Capital, LLC has successfully advised on the sale of Antietam Funding’s remaining life insurance portfolio that closed March 28, 2012.