Change is a moveable force. It happens whether we like it, want it or not. You can resist change, fight it, ignore it, or you can go with it and put forward the effort to make its force positive. It can push us towards renewal. The life insurance industry has gone through several periods of transformation, instigated by key historical events and changes in consumer needs. When I began my career in the life insurance industry in 1981, I was young, enjoying success, a wonderful family, and focus on a bright future. Living under the guise of all is good today, so it will be good tomorrow, oblivious to the fast pace and toll of time. Without pomp and circumstance, without warning, time and change have a way of defining life. I have witnessed the evolution of the life insurance industry as time and change have redefined the foundation from a love product purchased to protect a family into one of the strongest capital wealth formations of our country. My 39 years in the life insurance industry, has brought me the wisdom as we grow in life we discover time is also precious.
Early in my career the life insurance industry was experiencing a huge goom and I gained the privilege of several mentors who were dedicated to the foundation of this great industry. Men who helped shape my view of the world. Great men who believed in the positive social impact and financial legacy of the life insurance industry; Theodore Shallock, former head actuary of Mutual of New York, Skip Kerr a Professor at the American College and Matt Cole head of new products committee with Mutual of New York. In times of prosperity and deep depression, the industry has remained a resilient, pliable and steadfast investment asset. As the impact of life insurance trends towards the retirement and long-term care markets, I believe life settlement funds such as NW Life Funds, LP is an agent for positive change and impact, an expressive celebration of life in its many forms. Join me if you will in this.
By William I Meyer,
Managing Partner
NW Life Funds, LP