At Coventry, we believe one of the components of our success is our commitment to social responsibility, particularly the focus we have placed on contributing to positive change within the communities in which we live and work. We focus on integrating social responsibility into our business model and are proud that life settlements are a socially responsible investment. But we know there is still much more we can do.
We are committed to finding added value for investors, financial advisors and the consumers they serve – and our corporate responsibility is an important part of that commitment. It also reflects the values we began with more than 30 years ago and continue to operate under today.
Giving back has long been a Coventry hallmark. This philosophy guides our business practices and influences our approach to reaching out to our community. To support our endeavors, Coventry and its employees have established strong relationships in the community with dozens of charities in the greater Philadelphia area.
In addition to our volunteer efforts and to help foster the culture of giving back, Coventry’s matching gift program pairs corporate dollars with employee donations. To date, Coventry employees have raised more than $350,000 for local schools, hospitals, homeless shelters, playgrounds and other organizations where our contributions make a meaningful difference in their world.
By building strong public and private partnerships, we are offering solutions and creating relationships that serve the broader public good.
By utilizing a life settlement, policyowners can often fund new insurance that is more cost effective or fund long term care and retirement. Coventry spreads awareness about the benefits we provide to consumers by educating financial advisors on life settlements and the many opportunities available.
Coventry encourages regulation of the industry to protect consumers, financial advisors and investors alike. We continue to be the prime sponsor and supporter of comprehensive regulation of the secondary market in order to establish a transparent and accountable transaction that protects consumers who sell and investors who purchase these assets. As part of our dedication, we support the Robert F. Kennedy Center for Justice and Human Rights and our CEO, Alan H. Buerger, serves on the board of the Life Insurance Settlement Association.