NorthStar Life Companies, LLC, a full-service life settlement advisory agency that assists institutional and personal buyers with every stage of the life settlement funding cycle, has named trade veteran Tara Bing as director of shopper companies.
“Tara is a extremely regarded skilled within the life settlement house and has a depth and breadth of expertise that’s actually distinctive,” mentioned John McFarland, chief govt officer of NorthStar Life Companies. “We’re thrilled that she has joined our group and know that our purchasers will profit from her expertise and experience.”
Bing has labored within the life settlement trade for practically 17 years, most not too long ago as a shopper companies supervisor and director of operations at AVS Group, LLC. In her new function at NorthStar, she will likely be concerned with key service areas comparable to shopper relations, portfolio administration, contract negotiation and product improvement. She additionally joins the corporate’s govt administration group, which incorporates Kimie Chenik, govt vice chairman, and Britta Anderson, director of insured companies.
“I’ve identified John McFarland for greater than 15 years and have at all times had nice respect for his skilled experience, dedication to innovation within the trade, and real integrity as a enterprise chief,” mentioned Bing. “He has assembled a extremely expert group at NorthStar and I’m hopeful that coupling my mix of micro and macro expertise on this area of interest trade will likely be useful to our purchasers, contributing to the success and development of NorthStar’s enterprise.”
Bing began her profession within the life settlement trade in 2003, working as a coverage administrator at Portsmouth Monetary Group, and later was appointed director of coverage companies. In 2011, she joined AVS Group, LLC and was appointed director of operations at AVS Underwriting in 2016.
Bing earned her undergraduate diploma at Spelman Faculty and her MBA from Georgia State College’s Faculty of Enterprise.
“Tara has the distinctive potential to leverage her in depth trade expertise to be able to shortly and precisely perceive our purchasers’ particular wants and establish optimum methods for fulfillment,” mentioned Chenik. “In as we speak’s enterprise setting, it’s all about decisions and who makes one of the best associate; trade contributors are in search of options from a trusted service supplier.”
McFarland bought NorthStar in February 2020 from North Channel Bank GmbH & Co. KG. The corporate not too long ago developed a proprietary expertise platform that helps the life settlement transaction advisory, due diligence and portfolio servicing, and portfolio administration companies it supplies to life settlement buyers.
For extra data, please go to www.northstarlife.com.
About NorthStar Life Companies
NorthStar Life Companies, LLC affords a full vary of premier companies to institutional and personal buyers in life insurance coverage insurance policies, offering help at every stage of the life settlement funding cycle. The agency manages each transaction and portfolio with a personalised answer that considers the investor’s objectives, budgetary necessities and danger tolerance to be able to assemble a technique designed to maximise funding returns. NorthStar is a member of the Life Insurance coverage Settlement Affiliation (LISA) and the corporate’s CEO, John McFarland, is a member of LISA’s board of administrators.