Coventry Responds to Baseless Lawsuit by Abacus Global Management, Inc.FORT WASHINGTON, Pa., July 02, 2025 (GLOBE NEWSWIRE) -- Coventry, the leader and creator of the secondary market for life insurance, today released the following statement:
Coventry: Flaws of Lapetus Life Expectancy Estimates Evaluated in New Study
Coventry today announced the availability of a new study conducted by Professors Daniel Bauer and Nan Zhu, which revealed that life expectancy estimates produced by Lapetus Solutions, Inc. significantly understate the actual life expectancies of insureds. This serious flaw raises concerns about the accuracy of Lapetus’s mortality predictions, which could have significant repercussions for investors in life settlements.
Coventry Releases Peer Review of Lapetus Life Expectancy Study
Coventry today released an independent, academic peer review confirming the results of an internal analysis of life expectancy estimates issued by leading life expectancy providers. That analysis found that estimates issued by Lapetus Solutions, Inc. are consistently the shortest by a wide margin—meaning that valuations based on Lapetus life expectancies could lead to significantly inflated asset values and investor losses.
Coventry Study Finds Lapetus Life Expectancies Are Shorter Than Competitors in 85% of Cases Reviewed
Coventry today released the results of an internal review that found life expectancy estimates issued by Lapetus Solutions, Inc. are consistently and materially shorter than those issued by other life expectancy providers, potentially leading to the overvaluation of life insurance policies and investor losses. The results cast doubt on the accuracy of asset valuations based primarily on Lapetus life expectancies.
Coventry Names Gary Kuchera as Chief Origination Officer
Coventry, the creator and leader of the secondary market for life insurance, announced today that it has promoted Gary Kuchera to Chief Origination Officer. In his new role, Kuchera will leverage the expertise he has developed during his time at Coventry to accelerate the company’s policy origination efforts and identify and pursue strategic opportunities. The move comes amid growing demand for Coventry’s life settlement solutions, which allow policyowners to sell their unwanted or unneeded life insurance policies.
Coventry Tops League Tables for Life Settlements in 2020
Financial publication The Deal announced today that Coventry once again ranked first for life settlements by number and value in 2020. The league tables published by The Deal are a comprehensive review of secondary market life settlement transactions. Coventry companies have held the top spot each year since the rankings were first published in 2013.
