Coventry CEO Alan Buerger to Speak at 2010 Milken Institute Global Conference

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Apr 21, 2010, 08:00 ET

FORT WASHINGTON, Pa., April 21 /PRNewswire/ -- Alan Buerger, CEO and co-founder of Coventry, a leader in the longevity market and creator of the secondary market for life insurance in the U.S., will join other business and finance leaders at this year's Milken Institute Global Conference from April 26-28 in Los Angeles to speak on a panel entitled "The Evolving World of Alternative Investments."

Mr. Buerger will provide unique insights about life settlements as an alternative investment within the panel, addressing alternative investments in the context of portfolio allocation and liquidity impact. Specifically, he will address how longevity-linked assets provide attractive returns and low volatility, with no correlation to capital markets.

"Life settlements are an emerging asset class for institutional investors that can play a role in diversifying institutional portfolios," Mr. Buerger said. "They offer the benefits of enhanced returns relative to other fixed income investments, a lack of correlation to other asset classes and low volatility. As investors reexamine their allocations to alternative investments, longevity-related investments present compelling opportunities."

For more than 15 years, the Milken Institute has used capital-market principles and financial innovations to address social and economic challenges, from energy independence to poverty, here in the U.S. and around the world.

About Coventry

Coventry created the secondary market for life insurance in the U.S. By uniquely bridging insurance and capital markets, the company pioneered the life settlement industry and opened a new class of longevity-based assets for institutional investors worldwide. Today, Coventry is a global financial services firm leading the development of a robust longevity market. Coventry has over 250 employees and is based in Philadelphia with offices around the world, including London, Hong Kong, Tokyo and Sydney.