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ABOUT US

Changing the Way You Think About Insurance

Magna Life Settlements, Inc. is a leading life settlement provider licensed wherever state insurance regulations require, and able to do business in every state.  We pay people for life insurance policies they either no longer need or no longer want.  Many people have no idea just how valuable their life insurance policy is when they surrender or lapse it, and so many policies today are just given up because of inability to pay the premiums.  If you fit our criteria you may be able to receive real value for something you felt had become a burden.

Most of the people we deal with are seniors who need funds for retirement or medical expenses.  A transaction with Magna is highly regulated for maximum consumer awareness, transparency and protection. Our team will be glad to answer your questions as you decide what to do with your policy.

Magna Life Settlements has been active in the life settlement industry since 2004 and was acquired in 2010 by Vida Capital Inc., a multi-billion dollar alternative asset management firm.

Life Insurance Settlement Associate

Magna Life Settlements is a proud member of the Life Insurance Settlement Association (LISA). LISA’s mission is to advance the highest standards of practice and professional development for the industry and educate consumers and advisors about a life settlement as an alternative to lapse or surrender of life insurance policies.

Membership in the Association requires Magna to annually attest to abiding by a Code of Ethics and Standards of Professional Conduct, including all appropriate laws and regulations. Click here to learn more about LISA.

RECENT BLOG POSTS BLOG PAGE

Questions to Ask Yourself Before Lapsing Your Policy

For a host of reasons, insurance policies that seemed like a good idea during an individual’s middle-aged years can become a burden as that person ages. There are undoubtedly good reasons for a policyholder to shed such an unwanted policy, but what many people don’t understand is that there are other options to lapsing a Read more >>

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OUR TEAM

Executive Team

David R. Serra, Esq

David R. Serra serves as President of Magna Life Settlements.  He has provided legal advice and leadership to organizations and individuals in business, government and academia for the past 25 years. After general counsel clerkships in the energy and insurance sectors, Mr. Serra was a litigation associate with a Montpelier, VT firm. He was appointed Director & General Counsel of the C. Everett Koop Institute and Foundation at Dartmouth College, with particular focus on the legal and privacy implications of healthcare reform policy for providers and insurance companies, and held a faculty appointment there. Subsequently, Mr. Serra became COO & General Counsel of Re-New Energy, which created tax credit-enhanced energy investment opportunities.  He was also appointed by the Governor to lead and provide counsel to a publicly-regulated, highly-innovative agency of VT state government, and re-organized the funding and legal relationships of the Coolidge Presidential Foundation as its Director.  He most recently handled troubled asset mitigation for legally-challenged real property and commercial paper assets for Ovation Partners before moving to Magna as President. Mr. Serra holds a Juris Doctor degree, as well as a BS (Professional) in Urban & Regional Planning, with honors.  He has served on the boards of several national organizations, and has edited and authored numerous publications.

David R. Serra, Esq

Stephen Kirkwood
Stephen Kirkwood

Mr. Kirkwood serves as General Counsel of Vida’s subsidiary, Magna Life Settlements, and as General Counsel and Chief Compliance Officer for Vida.  Prior to joining Magna, Mr. Kirkwood served as the EVP, Chief Legal and Compliance Officer and Corporate Secretary for the nation’s largest direct purchaser of consumer future cash flows backed by insurance company obligations.  He was responsible for the company’s legal, compliance and regulatory matters including handling a broad range of M&A and capital markets transactions, risk analysis matters, compliance and corporate governance items. In addition, he led the legal and compliance efforts taking the company through its initial public offering on the New York Stock Exchange, and he managed the ongoing SEC, NYSE and OTC marketplace reporting and compliance requirements.  Earlier in his career, Mr. Kirkwood provided legal and regulatory counsel and strategic guidance for a consumer specialty finance company addressing needs relating to purchasing of future cash flows and the company’s life settlement and pre-settlement funding business units. Mr. Kirkwood graduated from Union College in 1992 and from Albany Law School in 1995.

Stephen Kirkwood

Clay Gibson

Clay has been with Magna Life Settlements since 2009, and has over ten years of comprehensive life settlement experience.  He was the Portfolio Manager for Rust Group and Life Assets Trust S.A., from 2007–2010 where he facilitated the acquisition, warehousing, and sales for a $725 million life settlement portfolio.  Clay has built up a vast amount of knowledge in the longevity and mortality marketplace evaluating, pricing, and analyzing risk of over $20 billion in face value. Prior to working in life settlements, Clay co-founded and served as managing partner of Pursue Energy Services, a physical and financial energy risk management consultant firm. In 2007, Clay became the Senior Analyst for Osage Energy Fund, L.P., a hedge fund focused on investing in energy-related master limited partnerships (MLP) and Canadian trusts (CT). Clay graduated from Baylor University with a BBA in Business Entrepreneurship and Corporate Communications and earned an MBA in Entrepreneurship from Acton School of Business.

Clay Gibson

R. Scott Harris

Scott is a compelling leader who executes change by using technology innovations to build relationships and make a difference. With 20-years of marketing experience, Scott is CMO at Magna Life Settlements, a multi-billion dollar alternative asset manager specializing in non-correlated investments. Scott is also Co-Founder of Social Factor, a national social media strategy & execution agency with a proprietary ROI-centric approach to social. As volunteer Board Chairman of non-profit Young Life Greater Austin, Scott's leadership has seen the relationship-based mentor program grow 6X to 50 schools, 1000 volunteer leaders, 35 staff, 2000 campers alongside thousands of Austin adolescents. Previously, as PGi VP Sales & Marketing, Scott built annual sales and lead revenue for the Global Online channel while directing 50+ millennials in four continents. Earlier, Scott served as Editor-in-Chief for Dell.com/Enterprise, founder/CEO of interactive dialogue software co. (acquired by SalesFusion), Product Director at Austin Ventures, and Sales/Engineer at Merck. He has a BS Engineering and MBA from The University of Texas at Austin.

R. Scott Harris

Joseph McCray, JD

Joey joined Magna Life Settlements in 2014. As a member of Magna’s closing team, he works with brokers and funders and performs due diligence on cases originated by Magna. Joey began his life settlement career in 2007 with Advanced Settlements, serving as National Trading Director from 2008 until March of 2014. As National Trading Director, Joey used his unique approach to provider relations which resulted in the sale of over $2 billion of death benefit in that time period. As Vice President of Operations at Asset Life Settlements, Joey handled the contracts process, firm licensing, and client communications. However, his main role was to achieve the highest possible offer for policy owners in the life settlement marketplace. A graduate of the University of Central Florida, Joseph then earned his Juris Doctorate from the University of Florida Levin College of Law.

Joseph McCray, JD

Nate McCormick

Nate joined Magna Life Settlements in June of 2011. At Magna, he manages the origination of new policies and has helped grow the firm into a leading life settlement provider. After completing an internship with Vida, the parent company, he joined the firm as an analyst on the Portfolio Management Team, specializing in financial modeling and valuation. Currently, he assists in the management and optimization of the Vida managed portfolios and is integral in the valuation and asset acquisition process. Nate graduated from St. Edward’s University in 2011 with a BBA in finance and marketing.

Nate McCormick

Marketing

R. Scott Harris

Scott is a compelling leader who executes change by using technology innovations to build relationships and make a difference. With 20-years of marketing experience, Scott is CMO at Magna Life Settlements, a multi-billion dollar alternative asset manager specializing in non-correlated investments. Scott is also Co-Founder of Social Factor, a national social media strategy & execution agency with a proprietary ROI-centric approach to social. As volunteer Board Chairman of non-profit Young Life Greater Austin, Scott's leadership has seen the relationship-based mentor program grow 6X to 50 schools, 1000 volunteer leaders, 35 staff, 2000 campers alongside thousands of Austin adolescents. Previously, as PGi VP Sales & Marketing, Scott built annual sales and lead revenue for the Global Online channel while directing 50+ millennials in four continents. Earlier, Scott served as Editor-in-Chief for Dell.com/Enterprise, founder/CEO of interactive dialogue software co. (acquired by SalesFusion), Product Director at Austin Ventures, and Sales/Engineer at Merck. He has a BS Engineering and MBA from The University of Texas at Austin.

R. Scott Harris

Nikol Moen

Nikol serves as Magna Life Settlements' senior marketing manager, where she focuses on building and executing a comprehensive content marketing, social media, public relations and advertising strategy. Before joining the life settlements industry, Nikol was the digital content and social media manager at CORT, a Berkshire Hathaway company. She also worked as an account manager at an Austin-based public relations firm. She graduated from California Polytechnic University with a degree in journalism and English.

Nikol Moen

Policy Origination

Clay Gibson

Clay has been with Magna Life Settlements since 2009, and has over ten years of comprehensive life settlement experience.  He was the Portfolio Manager for Rust Group and Life Assets Trust S.A., from 2007–2010 where he facilitated the acquisition, warehousing, and sales for a $725 million life settlement portfolio.  Clay has built up a vast amount of knowledge in the longevity and mortality marketplace evaluating, pricing, and analyzing risk of over $20 billion in face value. Prior to working in life settlements, Clay co-founded and served as managing partner of Pursue Energy Services, a physical and financial energy risk management consultant firm. In 2007, Clay became the Senior Analyst for Osage Energy Fund, L.P., a hedge fund focused on investing in energy-related master limited partnerships (MLP) and Canadian trusts (CT). Clay graduated from Baylor University with a BBA in Business Entrepreneurship and Corporate Communications and earned an MBA in Entrepreneurship from Acton School of Business.

Clay Gibson

Nate McCormick

Nate joined Magna Life Settlements in June of 2011. At Magna, he manages the origination of new policies and has helped grow the firm into a leading life settlement provider. After completing an internship with Vida, the parent company, he joined the firm as an analyst on the Portfolio Management Team, specializing in financial modeling and valuation. Currently, he assists in the management and optimization of the Vida managed portfolios and is integral in the valuation and asset acquisition process. Nate graduated from St. Edward’s University in 2011 with a BBA in finance and marketing.

Nate McCormick

Jim Purdy

Jim has served as the Director of Origination since April 2018. Jim is an executive with 10 + years of sales which includes all aspects of the insurance industry specializing in income planning and wealth transfer.  He demonstrates a command of solutions-based selling, which includes products and services to direct markets and within various distribution channels.

Jim Purdy

Austin Barnes

As Magna's Director of Advocate Origination, Austin is responsible for driving growth in the direct channel space. He excels at educating financial advisors, wealth managers, life insurance agents, estate planners and accountants about how life settlements may be a financial windfall for their clients.

Austin Barnes

Casey Cox

Casey joined Magna Life Settlements in January of 2019. As Senior Associate, Acquisition, he oversees broker-sourced life settlement cases, playing an integral role in Magna’s mission to grow its secondary market. Casey previously served as the Portfolio Manager for Magnify Capital LLC, a private investment management fund specializing in Single Family Homes. Additionally, he served in the United States Air Force for 6 years as a Contracting Officer, reaching the rank of Captain. Casey graduated from the United States Air Force Academy in 2012 and earned his MBA from Baylor University.  

Casey Cox

Jayme Natal

Jayme Natal is an experienced associate with a demonstrated history of working in the financial services industry. Prior to joining Magna Life Settlements, Ms. Natal worked for NFP Securities working directly with the trade desk and broker dealers. She brings 5 years of experience in the financial industry with a background of 15+ year of customer service. Skilled in sales, retail, cashiering, Microsoft applications, and management. Strong legal professional with a 40+ hours focused in Business Administration and Management from Austin Community College.

Jayme Natal

Margie Contreras

Margie joined Magna Life Settlements in 2014 as a Service Analyst. She is Magna’s point person for staying in touch with insured and designated contacts, maintaining up-to-date information and facilitating the claims process. Margie began her career in structured settlements in 2012. As a Post Policy Admin and Case Managers Assistant for The James Street Group, she gained extensive experience in designing and presenting structured settlement proposals as well as drafting and reviewing settlement documents for various workers comp and liability cases. She would assist brokers, plaintiff attorneys and their clients through the process of setting fixed annuities. Before her time at TJSG, Margie served as an Office Manager and Agent Assistant for a Farmers Insurance Agency.  Prior to joining Farmers Insurance, Margie served as a Premium Accounting Clerk at Brokers National Life Assurance Company.

Margie Contreras

Clarissa Martinez

Clarissa Martinez

Daniel Stokes

Daniel joined Magna Life Settlements in April of 2018. He supports policy origination by assisting in the valuation and acquisition of new policies for funding sources. Prior to Magna, Daniel worked in the finance department of Wenzel Spine, a privately held biomedical devices company. Daniel graduated in 2017 with a Bachelor of Science in Mathematics and a Certificate in Business Administration from the University of Texas at Austin where he was a track/football walk-on candidate.

Daniel Stokes

Dillon Hamm

Dillon joined Magna Life Settlements in October of 2018. In his role at Magna he supports policy origination by assisting in the valuation and acquisition of new assets. Dillon graduated from Ole Miss in May of 2017 with a double major in Banking and Managerial Finance, as well as a minor in Entrepreneurship. Before joining Magna, Dillon worked in the servicing department of Vida Capital.

Dillon Hamm

Nilofar Vahora

Nilofar Vahora joined Magna in October 2018 as a pricing analyst. Previously, she served Vida Capital as a Servicing Analyst. Prior to Vida, Nilofar worked as a Cash Analyst at a mortgage servicing company for 2 years. She earned a Bachelor’s degree in Business Administration from Texas State University in 2011.

Nilofar Vahora

Due Diligence And Closing

Joseph McCray, JD

Joey joined Magna Life Settlements in 2014. As a member of Magna’s closing team, he works with brokers and funders and performs due diligence on cases originated by Magna. Joey began his life settlement career in 2007 with Advanced Settlements, serving as National Trading Director from 2008 until March of 2014. As National Trading Director, Joey used his unique approach to provider relations which resulted in the sale of over $2 billion of death benefit in that time period. As Vice President of Operations at Asset Life Settlements, Joey handled the contracts process, firm licensing, and client communications. However, his main role was to achieve the highest possible offer for policy owners in the life settlement marketplace. A graduate of the University of Central Florida, Joseph then earned his Juris Doctorate from the University of Florida Levin College of Law.

Joseph McCray, JD

Ryan Byrd

Ryan works as a Senior Closing Associate and joined the firm in 2015. He performs due diligence and helps to analyze the risk associated with new acquisitions.  Before joining Magna, Ryan worked as an enforcement attorney for the Railroad Commission of Texas on oil and gas regulatory cases. Ryan also served in the United States Army as a combat engineer officer, reaching the rank of First Lieutenant and deploying to Baghdad, Iraq in 2009. He graduated from St. Mary’s University School of Law in 2013 and earned a degree from Southwestern University in 2004.

Ryan Byrd

Ellie Ghorashi

Ms. Ghorashi joined Magna Life Settlements in 2017 and works as a Closing Analyst. As part of the Closing Team, Ms. Ghorashi generates secondary contracts, liaises with insurance companies, performs due diligence, and helps analyze the risk associated with new acquisitions. She has six years of experience working as a paralegal in the areas of personal injury and healthcare law, and she obtained her paralegal diploma from NYU in New York City. She also earned a Bachelor’s degree in Psychology at Texas State University, as well as a Master’s degree in Forensic Psychology from John Jay College of Criminal Justice in New York City.

Ellie Ghorashi

Michele Eisenlohr

Ms. Eisenlohr is a Closing Analyst and joined Magna Life Settlements in October 2016. Michele is part of the Closing Team, generating secondary contracts, liaising with insurance companies, performing due diligence and helping analyze the risk associated with new acquisitions.  She has over 10 years of experience working as a paralegal in the area of civil litigation and obtained her paralegal certificate from Roosevelt University in Chicago.

Michele Eisenlohr

Nick Lopez

Mr. Lopez joined Magna Life Settlements in 2017 and works as a Closing Analyst. As part of the closing team, he generates secondary contracts, liaises with insurance companies, performs due diligence, and manages the clerical aspects of the tertiary market. Mr. Lopez worked in various roles in the law, healthcare, cell tower real estate and tax consulting industries with over 10 years of administrative experience.

Nick Lopez

Lori Bohannon, M.A., C.P

Lori joined the firm in 2019 as an Analyst with a Master’s degree from Texas State University, a member of the State Bar of Texas, and a Licensed Paralegal. She performs due diligence, reviews life-contingent assets, and analyzes the risk associated with tertiary acquisitions.  Before joining Magna, Lori worked as a (MCE) Financial Advisor, (MLO) National Mortgage Lender, and a Licensed Life, Accident, Health and HMO Insurance Agent while working toward her PhD.

Lori Bohannon, M.A., C.P

Snow Inocencio

Snow joined Magna Life Settlements in April of 2018.  At Magna, she is an associate of the closing team, generating secondary and direct consumer contracts. She performs due diligence, analyzes risk associated with new acquisitions and specializes in legal and compliance requirements. Prior to joining Magna Life Settlements, Snow worked with The Lifeline Program®, where she led seminars and webinars educating agents, financial professionals and consumers about retirement funding options, specifically focusing on life settlements, long-term care and reverse mortgages. Snow currently holds a GA Life, Accident and Health license, and is pursuing her CLU designation and Series 7 license.

Snow Inocencio

Underwriting

Brian Rosenswike

Mr. Rosenswike is the Medical Underwriter for Magna Life Settlements and has been with the firm since 2016.  Prior to joining Magna, Mr. Rosenswike served as a Senior Underwriter and Quality Review Manager for AVS Underwriting from 2006 until 2016.  During his time at AVS Underwriting, he provided numerous life expectancy evaluations to the life settlement industry and provided statistical analysis based on continually changing medical advancements.  Mr. Rosenswike graduated from the University of Georgia with a Bachelor of Science and a Masters of Education.

Brian Rosenswike

All Team

Alexandra Bradshaw
Alexandra Bradshaw

Alex joined Magna Life Settlements in 2018 as the executive assistant to the President & General Counsel, David Serra. Prior to her role, Alex ran her own digital media company and was an executive assistant at St. Augustine Capital Partners, a Texas-based investment and advisory firm. Alex graduated from the University of Texas at Austin in 2014 with a degree in Radio-Television-Film and a minor in Marketing.

Alexandra Bradshaw

Austin Barnes

As Magna's Director of Advocate Origination, Austin is responsible for driving growth in the direct channel space. He excels at educating financial advisors, wealth managers, life insurance agents, estate planners and accountants about how life settlements may be a financial windfall for their clients.

Austin Barnes

Brian Rosenswike

Mr. Rosenswike is the Medical Underwriter for Magna Life Settlements and has been with the firm since 2016.  Prior to joining Magna, Mr. Rosenswike served as a Senior Underwriter and Quality Review Manager for AVS Underwriting from 2006 until 2016.  During his time at AVS Underwriting, he provided numerous life expectancy evaluations to the life settlement industry and provided statistical analysis based on continually changing medical advancements.  Mr. Rosenswike graduated from the University of Georgia with a Bachelor of Science and a Masters of Education.

Brian Rosenswike

Casey Cox

Casey joined Magna Life Settlements in January of 2019. As Senior Associate, Acquisition, he oversees broker-sourced life settlement cases, playing an integral role in Magna’s mission to grow its secondary market. Casey previously served as the Portfolio Manager for Magnify Capital LLC, a private investment management fund specializing in Single Family Homes. Additionally, he served in the United States Air Force for 6 years as a Contracting Officer, reaching the rank of Captain. Casey graduated from the United States Air Force Academy in 2012 and earned his MBA from Baylor University.  

Casey Cox

Clarissa Martinez

Clarissa Martinez

Clay Gibson

Clay has been with Magna Life Settlements since 2009, and has over ten years of comprehensive life settlement experience.  He was the Portfolio Manager for Rust Group and Life Assets Trust S.A., from 2007–2010 where he facilitated the acquisition, warehousing, and sales for a $725 million life settlement portfolio.  Clay has built up a vast amount of knowledge in the longevity and mortality marketplace evaluating, pricing, and analyzing risk of over $20 billion in face value. Prior to working in life settlements, Clay co-founded and served as managing partner of Pursue Energy Services, a physical and financial energy risk management consultant firm. In 2007, Clay became the Senior Analyst for Osage Energy Fund, L.P., a hedge fund focused on investing in energy-related master limited partnerships (MLP) and Canadian trusts (CT). Clay graduated from Baylor University with a BBA in Business Entrepreneurship and Corporate Communications and earned an MBA in Entrepreneurship from Acton School of Business.

Clay Gibson

Daniel Stokes

Daniel joined Magna Life Settlements in April of 2018. He supports policy origination by assisting in the valuation and acquisition of new policies for funding sources. Prior to Magna, Daniel worked in the finance department of Wenzel Spine, a privately held biomedical devices company. Daniel graduated in 2017 with a Bachelor of Science in Mathematics and a Certificate in Business Administration from the University of Texas at Austin where he was a track/football walk-on candidate.

Daniel Stokes

David R. Serra, Esq

David R. Serra serves as President of Magna Life Settlements.  He has provided legal advice and leadership to organizations and individuals in business, government and academia for the past 25 years. After general counsel clerkships in the energy and insurance sectors, Mr. Serra was a litigation associate with a Montpelier, VT firm. He was appointed Director & General Counsel of the C. Everett Koop Institute and Foundation at Dartmouth College, with particular focus on the legal and privacy implications of healthcare reform policy for providers and insurance companies, and held a faculty appointment there. Subsequently, Mr. Serra became COO & General Counsel of Re-New Energy, which created tax credit-enhanced energy investment opportunities.  He was also appointed by the Governor to lead and provide counsel to a publicly-regulated, highly-innovative agency of VT state government, and re-organized the funding and legal relationships of the Coolidge Presidential Foundation as its Director.  He most recently handled troubled asset mitigation for legally-challenged real property and commercial paper assets for Ovation Partners before moving to Magna as President. Mr. Serra holds a Juris Doctor degree, as well as a BS (Professional) in Urban & Regional Planning, with honors.  He has served on the boards of several national organizations, and has edited and authored numerous publications.

David R. Serra, Esq

Dillon Hamm

Dillon joined Magna Life Settlements in October of 2018. In his role at Magna he supports policy origination by assisting in the valuation and acquisition of new assets. Dillon graduated from Ole Miss in May of 2017 with a double major in Banking and Managerial Finance, as well as a minor in Entrepreneurship. Before joining Magna, Dillon worked in the servicing department of Vida Capital.

Dillon Hamm

Ellie Ghorashi

Ms. Ghorashi joined Magna Life Settlements in 2017 and works as a Closing Analyst. As part of the Closing Team, Ms. Ghorashi generates secondary contracts, liaises with insurance companies, performs due diligence, and helps analyze the risk associated with new acquisitions. She has six years of experience working as a paralegal in the areas of personal injury and healthcare law, and she obtained her paralegal diploma from NYU in New York City. She also earned a Bachelor’s degree in Psychology at Texas State University, as well as a Master’s degree in Forensic Psychology from John Jay College of Criminal Justice in New York City.

Ellie Ghorashi

Jayme Natal

Jayme Natal is an experienced associate with a demonstrated history of working in the financial services industry. Prior to joining Magna Life Settlements, Ms. Natal worked for NFP Securities working directly with the trade desk and broker dealers. She brings 5 years of experience in the financial industry with a background of 15+ year of customer service. Skilled in sales, retail, cashiering, Microsoft applications, and management. Strong legal professional with a 40+ hours focused in Business Administration and Management from Austin Community College.

Jayme Natal

Jim Purdy

Jim has served as the Director of Origination since April 2018. Jim is an executive with 10 + years of sales which includes all aspects of the insurance industry specializing in income planning and wealth transfer.  He demonstrates a command of solutions-based selling, which includes products and services to direct markets and within various distribution channels.

Jim Purdy

Joseph McCray, JD

Joey joined Magna Life Settlements in 2014. As a member of Magna’s closing team, he works with brokers and funders and performs due diligence on cases originated by Magna. Joey began his life settlement career in 2007 with Advanced Settlements, serving as National Trading Director from 2008 until March of 2014. As National Trading Director, Joey used his unique approach to provider relations which resulted in the sale of over $2 billion of death benefit in that time period. As Vice President of Operations at Asset Life Settlements, Joey handled the contracts process, firm licensing, and client communications. However, his main role was to achieve the highest possible offer for policy owners in the life settlement marketplace. A graduate of the University of Central Florida, Joseph then earned his Juris Doctorate from the University of Florida Levin College of Law.

Joseph McCray, JD

Lori Bohannon, M.A., C.P

Lori joined the firm in 2019 as an Analyst with a Master’s degree from Texas State University, a member of the State Bar of Texas, and a Licensed Paralegal. She performs due diligence, reviews life-contingent assets, and analyzes the risk associated with tertiary acquisitions.  Before joining Magna, Lori worked as a (MCE) Financial Advisor, (MLO) National Mortgage Lender, and a Licensed Life, Accident, Health and HMO Insurance Agent while working toward her PhD.

Lori Bohannon, M.A., C.P

Margie Contreras

Margie joined Magna Life Settlements in 2014 as a Service Analyst. She is Magna’s point person for staying in touch with insured and designated contacts, maintaining up-to-date information and facilitating the claims process. Margie began her career in structured settlements in 2012. As a Post Policy Admin and Case Managers Assistant for The James Street Group, she gained extensive experience in designing and presenting structured settlement proposals as well as drafting and reviewing settlement documents for various workers comp and liability cases. She would assist brokers, plaintiff attorneys and their clients through the process of setting fixed annuities. Before her time at TJSG, Margie served as an Office Manager and Agent Assistant for a Farmers Insurance Agency.  Prior to joining Farmers Insurance, Margie served as a Premium Accounting Clerk at Brokers National Life Assurance Company.

Margie Contreras

Melissa Robison
Melissa Robison

Ms. Robison is the Director of Human Resources at Magna and is responsible for Human Resource strategic direction, support, and counsel to the executive team, management team and employees regarding all human resource functions since joining the firm in 2017. Prior to joining Magna, Ms. Robison served as Director, Human Resources for PMB Helin Donovan, LLP, where she managed the Human Resource function of a full-service accounting firm serving non-profits, private companies, SEC companies, and individuals with audit and tax services.  Prior thereto, Ms. Robison was the Director, Human Resources at Allegiance, Inc., where she was responsible for Human Resources for a software company that provided Voice-of-the Customer and Enterprise Feedback Management services for organizations. Additionally,   Ms. Robison has served in HR leadership roles in financial services, technology, and software industries. Ms. Robison earned a Bachelor’s Degree from Texas State University in 1997.

Melissa Robison

Michele Eisenlohr

Ms. Eisenlohr is a Closing Analyst and joined Magna Life Settlements in October 2016. Michele is part of the Closing Team, generating secondary contracts, liaising with insurance companies, performing due diligence and helping analyze the risk associated with new acquisitions.  She has over 10 years of experience working as a paralegal in the area of civil litigation and obtained her paralegal certificate from Roosevelt University in Chicago.

Michele Eisenlohr

Nate McCormick

Nate joined Magna Life Settlements in June of 2011. At Magna, he manages the origination of new policies and has helped grow the firm into a leading life settlement provider. After completing an internship with Vida, the parent company, he joined the firm as an analyst on the Portfolio Management Team, specializing in financial modeling and valuation. Currently, he assists in the management and optimization of the Vida managed portfolios and is integral in the valuation and asset acquisition process. Nate graduated from St. Edward’s University in 2011 with a BBA in finance and marketing.

Nate McCormick

Nick Lopez

Mr. Lopez joined Magna Life Settlements in 2017 and works as a Closing Analyst. As part of the closing team, he generates secondary contracts, liaises with insurance companies, performs due diligence, and manages the clerical aspects of the tertiary market. Mr. Lopez worked in various roles in the law, healthcare, cell tower real estate and tax consulting industries with over 10 years of administrative experience.

Nick Lopez

Nikol Moen

Nikol serves as Magna Life Settlements' senior marketing manager, where she focuses on building and executing a comprehensive content marketing, social media, public relations and advertising strategy. Before joining the life settlements industry, Nikol was the digital content and social media manager at CORT, a Berkshire Hathaway company. She also worked as an account manager at an Austin-based public relations firm. She graduated from California Polytechnic University with a degree in journalism and English.

Nikol Moen

Nilofar Vahora

Nilofar Vahora joined Magna in October 2018 as a pricing analyst. Previously, she served Vida Capital as a Servicing Analyst. Prior to Vida, Nilofar worked as a Cash Analyst at a mortgage servicing company for 2 years. She earned a Bachelor’s degree in Business Administration from Texas State University in 2011.

Nilofar Vahora

R. Scott Harris

Scott is a compelling leader who executes change by using technology innovations to build relationships and make a difference. With 20-years of marketing experience, Scott is CMO at Magna Life Settlements, a multi-billion dollar alternative asset manager specializing in non-correlated investments. Scott is also Co-Founder of Social Factor, a national social media strategy & execution agency with a proprietary ROI-centric approach to social. As volunteer Board Chairman of non-profit Young Life Greater Austin, Scott's leadership has seen the relationship-based mentor program grow 6X to 50 schools, 1000 volunteer leaders, 35 staff, 2000 campers alongside thousands of Austin adolescents. Previously, as PGi VP Sales & Marketing, Scott built annual sales and lead revenue for the Global Online channel while directing 50+ millennials in four continents. Earlier, Scott served as Editor-in-Chief for Dell.com/Enterprise, founder/CEO of interactive dialogue software co. (acquired by SalesFusion), Product Director at Austin Ventures, and Sales/Engineer at Merck. He has a BS Engineering and MBA from The University of Texas at Austin.

R. Scott Harris

Ryan Byrd

Ryan works as a Senior Closing Associate and joined the firm in 2015. He performs due diligence and helps to analyze the risk associated with new acquisitions.  Before joining Magna, Ryan worked as an enforcement attorney for the Railroad Commission of Texas on oil and gas regulatory cases. Ryan also served in the United States Army as a combat engineer officer, reaching the rank of First Lieutenant and deploying to Baghdad, Iraq in 2009. He graduated from St. Mary’s University School of Law in 2013 and earned a degree from Southwestern University in 2004.

Ryan Byrd

Snow Inocencio

Snow joined Magna Life Settlements in April of 2018.  At Magna, she is an associate of the closing team, generating secondary and direct consumer contracts. She performs due diligence, analyzes risk associated with new acquisitions and specializes in legal and compliance requirements. Prior to joining Magna Life Settlements, Snow worked with The Lifeline Program®, where she led seminars and webinars educating agents, financial professionals and consumers about retirement funding options, specifically focusing on life settlements, long-term care and reverse mortgages. Snow currently holds a GA Life, Accident and Health license, and is pursuing her CLU designation and Series 7 license.

Snow Inocencio

Stephen Kirkwood
Stephen Kirkwood

Mr. Kirkwood serves as General Counsel of Vida’s subsidiary, Magna Life Settlements, and as General Counsel and Chief Compliance Officer for Vida.  Prior to joining Magna, Mr. Kirkwood served as the EVP, Chief Legal and Compliance Officer and Corporate Secretary for the nation’s largest direct purchaser of consumer future cash flows backed by insurance company obligations.  He was responsible for the company’s legal, compliance and regulatory matters including handling a broad range of M&A and capital markets transactions, risk analysis matters, compliance and corporate governance items. In addition, he led the legal and compliance efforts taking the company through its initial public offering on the New York Stock Exchange, and he managed the ongoing SEC, NYSE and OTC marketplace reporting and compliance requirements.  Earlier in his career, Mr. Kirkwood provided legal and regulatory counsel and strategic guidance for a consumer specialty finance company addressing needs relating to purchasing of future cash flows and the company’s life settlement and pre-settlement funding business units. Mr. Kirkwood graduated from Union College in 1992 and from Albany Law School in 1995.

Stephen Kirkwood

WHY MAGNA?

Founded in 2009 and headquartered in Austin, Texas, Vida Capital is a multi-billion dollar alternative asset management firm that manages both evergreen and closed-end structures. Vida specializes solely in insurance-linked strategies with a predominant focus on longevity-contingent risk.

Vida manages capital on behalf of leading pension plans, insurance companies, endowment & foundations, family offices, and high net worth clients.

Vida is vertically integrated with Magna Life Settlements, a licensed and top-ranked life settlement provider. As one of the top settlement providers, Magna provides Vida with a proprietary deal flow of consistent investment opportunities and is a demonstrated leader in this space.

Vida Capital Management LLC has been an SEC-registered investment adviser since November 2010, and representatives of the firm sit on the board of the Life Insurance Settlement Association (LISA), the Institutional Longevity Markets Association (ILMA), and The International Secondary Markets for Life Insurance (BVZL).

In 2010, Magna was acquired by Vida Capital Inc, a leading asset manager in the longevity space. Magna has been active in the life settlement industry since 2004 and was the top ranked life settlement provider in 2013, 2014 and 2016 by capital deployed. Many of Vida’s competitors must contract out their sourcing and underwriting to third-party vendors. Vida’s integration with Magna provides the opportunity to participate in secondary market transactions and delivers confidence to Vida and its investors that each policy is thoroughly analyzed and vetted prior to its acquisition.

Contact Vida Capital

Phone: (512) 961-8265

www.vidacapitalinc.com

Contact

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Magna Life Settlements

835 West 6th Street
Suite 1400
Austin, TX 78703

Phone: 1-888-996-2475
Fax: (512) 961-8264


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