LHL Strategies Acquires ClearLife to Expand Software, Services for Longevity Risk Investors
LHL Strategies, Inc., a provider of life policies and services to longevity risk investors, has acquired UK-based ClearLife Limited and its U.S. subsidiary ClearLife LLC, bolstering its platform for life insurance and longevity-linked assets. Financial terms of the transaction were not disclosed.
“We are committed to building ClearLife’s capabilities and extending them in new directions,” said Michael Freedman, CEO of Lighthouse Life, the parent company of LHL Strategies.
Founded in 2007 by Mark Venn and joined in 2008 by Chris Stuart, ClearLife offers valuation, trading, and servicing technology for participants in the longevity risk and life insurance markets. Its flagship product, ClariNet, is a SaaS-based platform used by asset managers and institutional investors to streamline portfolio operations, valuation, and decision-making across life policies and longevity-based assets. ClearLife also offers customized software and consulting services for financial services firms active in life settlements, reverse mortgages, and structured settlements.
With Lighthouse Life’s backing, ClearLife plans to expand both its product suite and advisory services, adding functionality to support broader needs across life insurance investors, intermediaries, and advisors. “Lighthouse will help us to serve new markets for longevity-linked investors, life policy consumers, and insurance professionals,” said Venn. “We also anticipate building substantial enhancements to our core platform that will benefit all our current clients.”
ClearLife’s full management team will remain in place, with Venn and Stuart continuing as officers and directors, and all existing employees retained.
