PRESS RELEASE - CLEARLIFE HIRES VALERIE COFFEY AS VICE PRESIDENT

ClearLife is delighted to announce the addition of Valerie Coffey to its team. Valerie joins as Vice President of ClearLife LP, ClearLife’s U.S. operation, responsible for the development of ClearLife’s US business and operations. She will also lead the roll-out of ClariNet™, the business management system developed by ClearLife for participants in the life settlements and longevity risk markets.

Prior to joining ClearLife, Valerie spent three years as Director of Operations with Life Policy Dynamics and one year with Secondary Life Capital, both companies within The Peninsula Group. Prior to joining The Peninsula Group, Valerie spent four years with Pacific Life Insurance.

Valerie said, “This is a unique opportunity to join a company dedicated to the provision of services to market participants. The addition of ClariNet’s technology - with its ability to integrate external service providers into the client’s workflow process - to the investment and risk management experience within ClearLife represents an unrivalled combination of resources. I look forward to utilizing my life insurance and policy servicing experience to help ClearLife reach its full potential.”

Mark Venn, ClearLife’s CEO, said “I am delighted that Valerie has joined ClearLife. She brings a wealth of talent and business knowledge to our company. I and the rest of my team very much look forward to working with her during 2009 and beyond, as we develop and roll out our pre-trade and post-trade services and the case management, data security and risk analysis capabilities of ClariNet™ to market participants.”

About ClearLife

ClearLife was established in November 2007 to provide services to investors, providers, brokers, agents, servicers and other participants in the longevity derivatives, life settlements and premium finance markets. ClearLife’s principals previously established and ran a business managing over US$1.25 billion in face amount of life settlements. ClearLife now offers to investors in the life settlements market the benefit of its principal’s experience, their relationships, their understanding of processes and procedures and their knowledge of risk management and risk mitigation. ClearLife performs policy and portfolio evaluation and analysis, document verification, post-purchase servicing and administration for its clients.
Through ClearLife’s proprietary business management system, ClariNet™, ClearLife offers a secure platform for subscribers to store and manage their policy and portfolio information, to interact with other market participants using a common interface and set of standards, and to manage their longevity risk businesses through ClariNet™‘s dynamic workflow management system.

CONTACTS

Mark Venn - CEO and Managing Director
ClearLife Limited
London, United Kingdom
Tel. +44 20 7100 0600

Valerie Coffey - Vice President
ClearLife LP
Alexandria, VA
Tel. (703) 672 7030
Email: .(JavaScript must be enabled to view this email address)
Web: www.clearlifeltd.com