https://padlet.com/williamschantz/About An alumnus of Villanova University, William Schantz earned a bachelor of arts in political science from the school in 1977 and subsequently joined Senior Settlements, LLC, in Maple Shade, New Jersey. Working as a district manager, he spent 20 years with the firm and ranked as a top-10 salesman in each of those years. William Schantz also oversaw the work of 60 financial sales agents and was tasked with recruiting and training personnel. William Schantz now owns Senior Settlements as well as the life insurance premium finance company Bedrock Financial Services, LLC, and insurance agency Harper Financial, LLC, all of which fall under the Mid Atlantic Financial, LLC umbrella. Through Senior Settlements, he was the first to introduce life settlements to the capital markets. Today, this asset class accounts for tens of billions of dollars in transactions each year. In addition to his involvement with the aforementioned businesses, Mr. Schantz owns life settlement funds based in California and Florida. Over the course of his career, he has worked with several prominent partners, including Bear Stearns, Deutsche Bank, Lehman Brothers, Deloitte & Touche, and Locke Lord. Mr. Schantz holds membership with the Life Insurance Settlement Association and regularly attends structured finance educational forums. en-us 2021-02-24 09:50:56 UTC 2021-05-21 02:36:16 UTC hello@padlet.com williamschantz https://padlet.com/williamschantz/About/wish/1546386360 Many life settlement servicers refer to premium optimization as the process of calculating minimum premiums. This is almost always done using an industry standard pricing model rather than accepting the insurance company’s level pay premiums as illustrated. Senior Settlements takes premium optimization one step further. They call it “Premium Minimization”. They perform a comprehensive review of each policy and break down the nuts and bolts using their own proprietary models. Certain products (as much as 25%) have complex features that can not be optimized by standard pricing software. Senior Settlements finds opportunities that standard pricing models can not accommodate and in most cases the technical analysis necessary to optimize these polices is beyond the capability of most providers and servicers. Additionally, Senior Settlements also conducts follow-up carrier calls to validate cost of insurance (COI) charges and verify that the carrier’s COI calculations are consistent with our analysis. In some instances we will request illustrations that support their internal calculations.]]> 2021-05-21 02:35:57 UTC https://padlet.com/williamschantz/About/wish/1546386360