What is European Life Settlement Association Elsa?
The European Life Settlement Association (ELSA) is an organization that promotes fair standards, transparency, and ethical practices within the European life settlement industry.
Definition
The European Life Settlement Association (ELSA) plays a vital role in establishing and maintaining fair standards within the European life settlement industry. Since its inception in 2009, ELSA has been dedicated to promoting and marketing the life settlement sector across Europe, with a strong emphasis on fostering transparency and integrity. ELSA provides its members with valuable resources, access to proprietary research, and a platform for networking and collaboration. By facilitating knowledge sharing and best practices, ELSA aims to elevate industry standards and enhance trust among stakeholders.
Key Points
Mission and Goals
ELSA's mission revolves around promoting transparency, integrity, and ethical practices within the European life settlement industry.
Key Functions
ELSA offers members access to proprietary research, organizes symposiums, and disseminates essential market data to increase awareness and understanding.
Code of Conduct
ELSA has established a robust code of conduct for members to boost investor confidence and contribute to the industry's sustainability and growth.
Examples
Successful Transactions Facilitated by ELSA
ELSA showcases instances where its guidelines and industry knowledge have facilitated successful life settlement transactions, benefiting both policyholders and investors.
Frequently Asked Questions
What is ELSA’s primary objective?
ELSA aims to promote fair standards, transparency, and ethical practices within the European life settlement industry.
How does ELSA benefit its members?
ELSA provides members with access to proprietary research, networking opportunities, and a platform to showcase industry thought leadership.
What are the key considerations in life settlements?
Key considerations in life settlements include policy valuation, regulatory compliance, and ethical implications of selling life insurance policies.
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