FORT WASHINGTON, Pa., Jan. 23, 2013 /PRNewswire/ -- Alan H. Buerger, Coventry CEO and co-founder, will serve as a featured presenter at the 2013 Andrews Kurth Moot Court National Championship. The competition, which will be held from January 23-26, is being organized and hosted by the University of Houston Law Center Blakely Advocacy Institute. Students from 16 of the nation's top law schools will compete in the three day event.
Mr. Buerger is one of six panelists who will be addressing the contestants during the Championship's opening Symposium on January 24th. The five hour Symposium is designed to educate and enlighten the law students on legal and public policy issues that will help them during the competition. Mr. Buerger, who pioneered the life settlement industry and is Chairman of the Life Insurance Settlement Association, will present the students with historical and practical information about life settlements and the secondary market for life insurance.
The competitors for the 2013 Championship will be addressing legal questions involving stranger ownership of life insurance and, specifically, whether a pre-arranged deal whereby investors apply for and obtain life insurance on individuals violates insurable interest laws and whether an insurance company can retain the premiums paid to it on policies that have been rescinded. These questions are similar to real-life litigation in state and federal courts over recent years. Mr. Buerger will make the important distinction between stranger ownership of life insurance and stranger-originated life insurance.
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. www.coventry.com
For further information about the Moot Court Championships, please visit http://www.law.uh.edu/blakely/mcnc/homepage.asp