NorthEast Escrow Services, a company that has provided escrow and accounting services tailored to the Life Settlement industry since 1999.
Because of our experience and integrity, NorthEast Escrow Services, LLC has been appointed by the United States District Court, Northern District of Ohio, Western Division as escrow agent for multiple Receiverships. As escrow agent and litigation support for these receiverships, NorthEast Escrow Services, LLC has been working with various government agencies and law enforcement agencies for years. We are trusted in the industry.
Our experience in the Life Settlement industry ranges from servicing standard portfolios of life insurance policies, managing and revitalizing distressed portfolios, and serving in an advisory capacity to multiple receiverships. In this advisory capacity, NorthEast Escrow Services has guided the receiverships in their attempt to both maintain sizeable portfolios for future viability as well as liquidate portfolios as needed. Our experience and guidance have contributed to the successful maximization of benefits derived from these distressed portfolios.
NorthEast Escrow Services is diligent about keeping current with the changing laws and regulations that directly and indirectly affect the Life Settlement industry, e.g. the Privacy Act, HIPAA, and various state regulations.
NorthEast Escrow Services is fully insured, and to date, in our 9 years of servicing life insurance portfolios, we have never had a claim filed against our bonding or insurance. NorthEast Escrow Services, LLC has Commercial Crime and Professional Liability Insurance.