Friday, February 17, 2006

 

Secondary Life Insurance Market Takes Cues From Wall Street

The secondary market for life insurance has more in common with Wall Street than most would guess. Therefore, it is no surprise that many ideas from Wall Street are being implemented in this growing market sector.

With the adoption of electronic trading systems in the 90's, Wall Street saw many changes in the stock market including greater transparency and improved liquidity. Miami based Life-Exchange, Inc. (Pink Sheets:LFXG), an independent business-to-business online exchange built specifically for the secondary life insurance market, will benefit this market in the same way.

Secondary Life Insurance Market Takes Cues From Wall Street
Source: Business Wire

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