What Asset Life Settlements does

Asset Life Settlements is a privately held life settlement brokerage firm founded in 2014 by Jeff Hallman and Scott Thomas and headquartered in Orlando, Florida. The firm operates as a B2B intermediary that helps financial professionals — including estate planning attorneys, CPAs, tax advisors, insurance agents, and wealth managers — liquidate their senior clients' unwanted or obsolete life insurance policies in the secondary market. It represents policy sellers in a competitive bidding process against an institutional buyer network, with services extending into viatical settlements (terminal-illness cases) and key man policy settlements for businesses. The company is licensed to operate in 48 U.S. states and reports having brokered more than $8 billion in cumulative policy face value since inception.

The company's product surface comprises four core brokerage service lines (standard life settlements, viatical settlements, key man policy settlements, and charity/nonprofit policy solutions) plus supporting tools including an online Life Settlement Calculator and a library of educational white papers, business briefs, and due diligence reports aimed at financial professional partners. Technology is described as a brokerage platform with policy evaluation tools and competitive bidding process management, without disclosed AI/ML capabilities, APIs, or proprietary data assets. The offering is delivered through a relationship-led channel — speaking engagements at MDRT Top of the Table events, content marketing, and direct outreach to advisor networks — rather than through self-serve consumer acquisition.

Revenue is generated purely on a transaction-fee basis: the firm earns a commission on each completed policy settlement, capped under industry standards at the lesser of 6% of policy face value or 30% of gross offer, with 50-70% of that commission typically shared with the referring insurance agent. There are no recurring or subscription revenue streams, no disclosed funding history, and no parent company or institutional investors. The leadership team consists of the two co-founders, COO Graham Crouch (appointed 2015), and EVP of Business Development Wayne McClintock (California), supported by what the firm describes as more than 50 years of combined executive expertise.

Name

Asset Life Settlements

Legal name

Asset Life Settlements, LLC

Website

https://assetlifesettlements.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Orlando

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Broker Commission: Asset Life Settlements earns commission as a licensed life settlement broker on each policy settlement completed. Commission is typically split between the broker and referring agent (agent receives 50-70% of commission). Standard industry practice sets maximum comp at 6% of policy face value or 30% of gross offer, whichever is lesser.
2. Agent Compensation: Insurance licensed advisors and agents who facilitate life settlements for their clients earn commission. Commissions are fully disclosed to clients and range from 50-70% split with the broker.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Asset Life Settlements is a licensed life settlement broker that facilitates the sale of unwanted or unneeded life insurance policies in the secondary market. The company partners with financial professionals (attorneys, CPAs, advisors, insurance agents) who refer clients, then represents policy sellers in competitive bidding across a network of institutional buyers to maximize settlement value. The firm also provides specialized viatical settlements for terminally ill clients and key man policy settlement services for businesses.

Product overview

Asset Life Settlements operates as a life settlement brokerage firm that helps financial professionals and their clients sell unwanted life insurance policies in the secondary market. The core offering consists of life settlement brokerage services, supplemented by specialized viatical settlements for terminally ill clients and key man policy services for businesses. The company provides supporting tools including an online life settlement calculator for policy valuation estimates, and distributes educational resources such as white papers, business briefs, and consumer brochures to help advisors understand and communicate life settlement options. The business model centers on representing policy sellers to negotiate the highest possible offers through competitive bidding across a network of institutional buyers.

Differentiator

Problem solved

Functional benefit

Products and services

• Life Settlement Brokerage Services Core brokerage service that facilitates the sale of unwanted or unneeded life insurance policies in the secondary market, connecting policyholders and their financial advisors with institutional buyers through a competitive bidding process designed to maximize settlement value. Service is targeted at financial professionals (estate planning attorneys, CPAs, tax advisors, financial advisors, insurance agents) and their senior clients holding policies they no longer need.
• Viatical Settlements Specialized life settlement service for individuals with terminal illness or significantly reduced life expectancy, providing expedited access to cash from their life insurance policies to cover medical costs, caregiving, or end-of-life expenses.
• Key Man Policy Settlement Services Service for businesses and business owners that enables the sale of unwanted or obsolete key man life insurance policies for immediate cash, converting underutilized business insurance assets into liquid capital. Targets businesses where the insured key person has departed, the business has been sold, or ownership transition has made the policy obsolete.

Quantifiable outcome

• Successfully brokered more than $8 billion in policy face value
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core.

• Graham CrouchcoreOthers · 1 January 2015Appointed as C.O.O. (Chief Operating Officer) in 2015, described as one of the nation's most experienced life settlement executives, contributing to the executive leadership team.
• Jeff Hallman and Scott ThomascoreOthers · 1 January 2014Company co-founders who established Asset Life Settlements in 2014 as one of the nation's leading life settlement brokers, bringing decades of combined experience in the secondary market for life insurance policies.
• Wayne McClintockcoreOthersExecutive Vice President of Business Development, located in California, serves as valuable resource for advisors throughout the settlement process, particularly for complex transactions involving retained death benefits.
• Institutional Funders/BuyerscoreStrategic or Co-development PartnerNetwork of institutional investors who purchase life insurance policies in the secondary market. Asset Life Settlements submits cases to multiple funders and negotiates competitive bids on behalf of policy sellers.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Market position

Weaknesses5 records

Competitive moat4 records

Customer concentration

• Facebookfacebook.com/AssetLifeSettlements
• LinkedInlinkedin.com/company/asset-life-settlements-llc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Asset Life Settlements