A life settlement portfolio manager has started marketing life settlement business support services and premium financing servicing services to other companies.
The company, AllFinancial Group L.L.C., Stamford, Conn., has been servicing a portfolio of about $1 billion in life insurance face value owned by AllFinancial and an international investment firm.
AllFinancial also has been providing origination and premium services for portfolios created by Rochdale Investment Management L.L.C., New York.
AllFinancial now is offering services such as monthly actuarial reviews of life settlement portfolios, premium optimization services, and mortality tracking services to other life settlement firms.
AllFinancial also can file death claims, update medical records, get current life expectancy reports, trade policies, and arrange for workouts for distressed loans, the firm says.
Basic review services cost $70 per month per policy, the firm says.
- Allison Bell