Ronald D. Lofgren, CPA, MBA
Vice President of Operations

Mr. Lofgren currently serves as vice president of operations for Life Settlement Solutions LLC, where he has been employed since April 2003. Mr. Lofgren’s primary responsibilities for Life Settlement Solutions include establishment and oversight of systems and procedures for efficient flow of business and paperwork through the system, financial evaluation of proposed settlement transactions, and management and supervision of the contracts processing department, including contract issuance, due diligence, closing and funding processes.

Mr. Lofgren also works closely with representatives of the funding entities in connection with subsequent transfer of policy ownership to the trusts established by the funding entities for this purpose. Notwithstanding such transfers of ownership interests, however, servicing of policies acquired through life settlement transactions, including tracking of insureds and claims processing, remains the responsibility of Life Settlement Solutions under Mr. Lofgren’s management and supervision.

In addition, Mr. Lofgren also plays an instrumental role in the design of the company’s case management software system, working closely with the outside programmers and designers retained for implementation of the design and maintenance of this software system. This also includes collaboration with Life Settlement Solutions management and general counsel to assure the system is capable of collecting all required data and generating necessary reports for licensing and regulatory agencies, internal reporting for the company’s own executive management and corporate compliance purposes, and processing of data and required paperwork for case intake, contracts processing, closings, compliance and policy servicing purpose.

Mr. Lofgren’s previous experience and responsibilities were similar to those he now performs for Life Settlement Solutions, including design and management of business flow through the companies, financial evaluation of proposed life settlement acquisitions, management and supervision of operations personnel, oversight of policy administration for acquired assets, design and administration of computer systems, and internal reporting for financial and business management purposes.

From 1988 through 1999, Mr. Lofgren worked in executive management for companies directly involved in the insurance industry, including service as chief operations officer for the Greater South Agency, Southern Insurance Group in South Carolina and vice president of finance for Acordia of California, a large insurance brokerage firm.