Life Insurance Settlement Association (LISA) Announces New and Returning Board Members; Leadership Succession
“The life settlement industry leaders that comprise LISA’s Board of Directors are uniquely positioned to drive consensus within our ongoing activities and impact market growth,” said Bryan Nicholson, LISA’s Executive Director. “I look forward to working with this Board of Directors to further advance LISA’s mission.”
The new and returning LISA Board members, who will serve three-year terms, include:
• Brian Casey
Partner & Co-Chair of Insurance Practice, Locke Lord LLP, Inc., elected to an additional term;
• Nate McCormick
President, Magna Life, and;
• Steven Shapiro
President and CEO, Q Capital Strategies, LLC, elected to an additional term.
In addition, it was announced that Sherry Duarte, Managing Director of Fifth Season Financial, will serve as LISA’s next Chair. Ms. Duarte will succeed John Welcom, Founder and CEO of Welcome Funds, whose term as LISA Chair is expiring. Mr. Welcom will transition to the role of Immediate Past Chair and remain a member of LISA’s Executive Committee. The election of LISA’s remaining officers will occur during the first meeting of the newly seated Board of Directors.
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 fifty companies doing business in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. LISA’s mission 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, please visit www.lisa.org.