FairMarket History
Since 2004, FairMarket Life Settlements has helped seniors and families receive cash for their life insurance to help them adjust their life plan. Here is a summary of the total applications, total face value reviewed, purchased face value, and total invested dollars.
Unique settlement applications
Aggregating in net face value
Purchased in aggregate net face value
Investment Costs Since 2004
FairMarket Life Settlements Corp. (“FairMarket”) was incorporated in January 2004. The owners, management and staff of FairMarket are noted for their expertise in the life settlement business, their tradition of regulatory support and their long experience with institutional funding. FairMarket’s management has been in the institutionally funded viatical and life settlement business since 1992, which has enabled us to understand and operate efficiently within that environment. FairMarket has worked with domestic and international financing partners such as Cargill Industries, Berkshire Hathaway/Gen Re, Deutsche Bank, Credit Suisse, Mizuho International, and JP Morgan Chase.
In the Spring of 2020 FairMarket brought on new investors. While key management and staff will remain at FairMarket, the new investors do intend to grow and expand the services that FairMarket offers. FairMarket is in the process of expanding its State licensing and will add policy servicing in the future.
Todd Green was born in Monmouth, IL. He attended college at the University of Arkansas and played football for legendary coach Lou Holtz. At age 23, Todd got his start in the car dealership business, becoming the youngest Toyota dealer in the nation. Over the years, that has expanded into 13 different car brands, selling over 15,000 cars per year. In the 2000s, he began to diversify into other business ventures. Todd brings his 40+ years of business knowledge and investments to LSS. He spends most of his time in Naples, FL and the other time in Springfield, IL. Todd has been married for 27 years and has two children in their early twenties. In his free time, Todd enjoys playing pickle ball, golfing, and traveling with his family.
Clay Winfield was raised in the Midwest and attended Southern Illinois University (SIUE). Clay founded Winfield Construction in 1974. The business focuses on the construction of homes and apartments, commercial construction, and land development. Clay created two bank holding companies in Illinois and Florida and holds a board position for a publicly traded company. Clay has always been involved directly with people and enjoys the business relationships he has made through the years. He has been a full time resident of Naples, Florida, since 2000. Clay and his wife, Bonnie, have been married for 28 years. They have five children and six grandchildren. In his spare time, Clay enjoys golf, traveling, and spending time with his family.
Gabe Green was born and raised in Springfield, IL where he was named 2014 Illinois Football Gatorade Player of the Year. He attended and played football at the University of Southern Mississippi and the University of St. Thomas (MN). He graduated with a degree in business leadership and management. Gabe now resides in Naples, FL where he enjoys working in the life settlement industry. In his free time, he loves to play golf, pickle ball, and eat great food. Gabe is thankful to have gained experience of many cultures from traveling all across the world.
Colleen Thurber was raised in the Upper Midwest. During Colleen’s career, she worked for a major insurance company managing license and registration activities and in the viatical/life settlement industry where she’s responsible for regulatory compliance. Colleen also has enjoyed being an educator in the town of Annandale Minnesota where she and her husband live. Colleen and her husband, Bob have been married for 26 years and have two children. In her free time, she enjoys gardening, fishing and spending time with her family and friends.
Heather Hystone was born in, and currently resides in, Minneapolis, MN. She attended Brown Institute for Computer Operations which led to a decade as a mainframe Computer Operator for banking institutions and advanced to a position as a Commercial Construction Loan Processor. She has held various administrative positions with the most recent being Billing and Accounts Receivable for long term care facilities with a pharmacy chain.
