Coventry, the leader and creator of the secondary market for life insurance and a pioneer of the life insurance-backed asset class, today announced the successful completion of its third asset-backed securitization since April 2025 under its LILY program. Collectively, these transactions total $750 million in life insurance-backed financing and further establish Coventry as the leading platform for institutional investors seeking differentiated exposure to longevity-linked assets. The LILY program structures longevity-linked…

Coventry, the leader and creator of the secondary market for life insurance, today announced that Reid Buerger, its CEO, has been recognized by Finseca as a 2025 ID Twenty Award recipient. The award was presented at NAILBA 44, honoring the top innovators and industry-shaping leaders in independentdistribution. Finseca’s ID Twenty Award spotlights twenty professionals each year whose achievements materially advance the insurance community. Recognition is considered one of the most…

Coventry, the leader and creator of the secondary market for life insurance, is proud to recognize Life Insurance Awareness Month by reaffirming its unwavering commitment to making life insurance not just an essential asset, but also more valuable, more flexible and more powerful for policyowners everywhere. For over two decades, Coventry has led the way in unlocking this value, delivering more than $6 billion to policyowners for policies that would…

Motion underscores that Abacus’s claims lack merit as Lapetus, its key life expectancy provider, shut its doors August 31 Coventry First LLC (“Coventry”) and its Co-Founder and Executive Chairman, Alan H. Buerger, today announced that they have filed a Motion to Dismiss the complaint brought by Abacus Global Management, Inc. (“Abacus”) (NASDAQ: ABL) in the U.S. District Court for the Middle District of Florida on August 29, 2025. The full…

Coventry First LLC (“Coventry”), the market leader in life settlements, this week filed a legal response opposing Lapetus Solutions, Inc.’s (“Lapetus”) attempt to block disclosure of statutorily required life expectancy audit reports. The filing underscores Coventry’s long-held view that the integrity of the life settlement market demands transparency around the accuracy of life expectancy estimates. At the same time, Coventry filed its own motion for summary judgment, arguing that Lapetus’s…

Coventry, the leader and creator of the secondary market for life insurance, today released the following statement: “Abacus’s (NASDAQ: ABL) lawsuit is its latest misdirection and a transparent ploy designed to delay accountability and deflect attention from serious problems of Abacus’s own making,” said Alan Buerger, Coventry’s Chairman. Coventry continues to believe that Lapetus systematically underestimates life expectancies, which directly threatens investor returns. This belief is validated by expert analysis…

Coventry, the leader and creator of the secondary market for life insurance, announced today that it has paid more than $6 billion to policyowners for their unwanted or underperforming life insurance policies. “Six billion isn’t just a number, it’s a reflection of the lives we’ve helped change,” said Reid Buerger, CEO of Coventry. “Behind every policy is a story. We’re proud to have helped so many policyowners turn their unwanted…

Coventry, the leader and creator of the secondary market for life insurance, once again secured the top spot in the life settlement industry—ranking first for both total number of policies purchased and total face value—according to industry league tables published by The Deal, a financial intelligence and data company. Coventry and its affiliate, Life Equity, purchased more than 1,300 policies in 2024, representing over $1.4 billion in face value––more than…

Coventry today announced that it has exceeded more than $100 million in Enhanced Cash ValueSM (ECVSM) since the program launched, signaling extraordinary demand from advisors and policyowners seeking a faster and more beneficial alternative to the cash surrender value offered by life insurance carriers. “The momentum we’ve seen so far is remarkable,” said Reid Buerger, CEO of Coventry. “Enhanced Cash Value is delivering exactly what the market needed: speed, simplicity,…

The program will provide enhanced cash values using only a policy illustration. FORT WASHINGTON, PA, April 22, 2025: Coventry, a leading creator of longevity and life insurance products for the life insurance industry, today announced the launch of an Enhanced Cash Value program that enables seniors to access significantly more cash than they would otherwise receive from the cash surrender value in their Universal Life insurance policies, without the need…