Life Settlements Specialist
Cayman Islands
Life Settlements Specialist
Cayman Islands
Michael Abraham has for the last 15 years or so specialized in product design and delivery mainly centered upon UK Traded Endowment Policies and lately in the emerging US life Settlement Policy market.
Michael entered the financial services industry in 1980 when he joined what was then Hambro Life (Zurich) as a financial consultant. He has held senior sales consultant positions as an Independent Financial Adviser and with Allied Dunbar and Target Group where he was through 1985/86/87 the top performing consultant. During those years he specialized in executive benefits, pension planning and commercial lending.
In 1990 having been asked by a client to provide a low risk investment that would provide better returns than bank interest he investigated the emerging UK Traded Endowment Policy (TEP) market. To satisfy the client demand he provided individual TEPs but then began to design bespoke products using them. This almost naturally led him towards the US Life Settlement market being a similar product. He has been involved in the sales and marketing of this US product since early in 2002.
- Traded Endowment Policies (TEPs)
- Traded Life Policies (TLPs)
- Life Settlements