Mortality-driven returns. Market-independent outcomes.Mortality-driven returns.
Market-independent outcomes.
Sea Point Capital is an alternative asset manager focused on insurance-linked strategies. We combine life settlements, collateralized loans, and payout annuities with proprietary AI-enhanced underwriting and institutional-grade governance.Insurance-linked strategies for institutional investors.
Complementary Insurance-Linked Assets
Life settlements, collateralized loans, and payout annuities — three asset types with offsetting exposures.
To Traditional Markets
Insurance-linked assets are structurally independent of equity and credit market movements.
Governance & Infrastructure
Independent fund administrator, auditor, securities intermediary, and valuation agent.
Our Investment Approach
Life-insurance assets are inherently uncorrelated with traditional markets. Sea Point's strategy combines three complementary asset types — designed to produce stable cashflow, controlled downside, and step-wise capital appreciation across market environments.
Life insurance assets — life settlements, loans backed by life settlements, and payout annuities — deliver returns driven by mortality and cashflow dynamics rather than market beta. Because their value drivers are different from equities and credit, they provide natural diversification.
At Sea Point we combine these asset types with disciplined underwriting, AI-enhanced mortality analysis, and active risk management — an institutional approach to a category of assets historically reserved for the largest insurance and pension allocators.
Life Settlements
We purchase life insurance policies from insureds, pay periodic premiums and collect the death benefit upon maturity. Most months show modest net expense, with intermittent large gains when mortality events occur. This characteristic produces step-wise returns and capital appreciation when paired with complementary assets.
Collateralized Loans
We extend collateralized term loans secured by life settlement policies as collateral. Loans accrue interest monthly and repay principal plus interest within a defined payoff window, producing steady income and predictable liquidity events.
Payout Annuities
We acquire immediate payout annuities from insurance carriers, receiving level monthly payments. Annuities provide reliable cashflow that funds life settlement premiums and provide offsetting longevity exposure, stabilizing portfolio dynamics.
Why this combination works
- •Offsetting mortality exposures. Life Settlements deliver value when insureds die sooner, while annuities benefit when people live longer — the opposing exposures naturally hedge mortality/longevity risk.
- •Self-funding mechanics. Annuity income reduces premium drag on the life settlement portfolio, improving capital efficiency and reducing the need for external capital.
- •Natural liquidity. Loan payoffs and life settlement maturities create periodic cash events that support reinvestment and portfolio rebalancing.
- •Step-wise return profile. The asset mix is designed to smooth net volatility — frequent small drawdowns from premium payments punctuated by episodic gains from policy maturities and loan repayments.
Why Sea Point Capital
Next-generation portfolio strategy backed by proven expertise and robust infrastructure.
Next-Gen Portfolio Strategy
Three complementary life-insurance asset types, balanced through disciplined portfolio construction and proprietary AI-enhanced mortality analysis.
Deep Sourcing Network
Extensive industry relationships with key policy sources and decades of combined market experience enable consistent deal flow.
Institutional Service Providers
Best-in-class fund administrator, independent auditor, securities intermediary, and valuation agent ensure robust governance.
Leadership Team
Over 40 years of combined experience in life settlements, fund management and insurance-linked securities; with Michael and Avery having a 20+ year working relationship.
Michael T. Crane
Chief Investment Officer
30+ years capital markets experience; pioneer in the life settlements space.
Avery T. Michaelson
Portfolio Manager
Deep longevity & quantitative expertise; mastery of all fund operations.
Trusted Institutional Partners
Engage With Sea Point
Sea Point Capital works with qualified investors and their advisors. Our investor relations process begins with an introductory conversation about your portfolio objectives and our strategy — followed by ongoing dialogue and research as we get to know each other.