FORT WASHINGTON, Pa., Feb. 18, 2026 (GLOBE NEWSWIRE) -- Coventry, the leader and creator of the secondary market for life insurance and a pioneer of the life insurance-backed asset class, will attend SFVegas® 2026 to engage with structured finance leaders as the institutional market for longevity-linked asset-backed securities continues to mature.
Through its LILY platform, Coventry structures longevity-linked assets into investment-grade asset-backed securities designed to emphasize durable collateral and predictable cash flows that are generally uncorrelated with traditional markets. Since April 2025, the LILY program has completed $750 million in asset-backed notes across three securitizations, establishing a repeatable, programmatic issuance platform designed for institutional scale.
Coventry’s presence at SFVegas® reflects the continued development of longevity-linked ABS as a distinct segment within structured credit. The firm brings together scaled life insurance policy origination, actuarial analytics, and institutional-grade securitization infrastructure to support LILY's ongoing expansion.
“The life insurance-backed asset class is entering a new phase of institutional maturity,” said Reid Buerger, CEO of Coventry. “Through LILY, we have established a programmatic securitization platform grounded in disciplined underwriting, actuarial rigor, and consistent capital markets execution. Our objective is to establish a durable infrastructure that supports sustained issuances and long-term market development. SFVegas® provides an important forum to engage with structured finance leaders as longevity-linked assets become an increasingly established component of institutional portfolios.”
As institutional demand for differentiated, uncorrelated assets continues to grow, Coventry will meet with capital providers, rating agencies, and distribution partners to discuss the continued expansion of the LILY platform and the broader evolution of longevity-linked ABS.
Conference attendees interested in learning more about LILY and Coventry’s broader capital markets initiatives are encouraged to connect with the Coventry team during SFVegas® or by requesting additional information at https://www.coventry.com/LILY.
About Coventry
Coventry is the leader and creator of the secondary market for life insurance and a pioneer of the life insurance-backed asset class, operating an integrated platform across four complementary verticals: the secondary market for life insurance, longevity lending, life insurance and annuity distribution, and insurance technology. Through these businesses, Coventry expands financial options for policyowners, provides capital solutions backed by life insurance policies and other longevity-linked assets, broadens access to protection and retirement products, and applies technology to enhance pricing, risk management, and operational efficiency across the life insurance ecosystem. Guided by a longstanding commitment to consumer rights and market integrity, Coventry leverages its leadership position to raise industry standards, expand consumer choice, and responsibly develop institutional-quality life insurance-backed investment solutions. Over its history, Coventry has acquired more than 23,000 life insurance policies, completed more than $50 billion in longevity-linked transactions, delivered more than $6 billion to policyowners, and originated more than $1 billion in life insurance-linked loans. To learn more about Coventry, visit Coventry.com.
Media Contact: Jonny Shiver Vice President, Marketing [email protected] (215) 836-8300
