Longevity Holdings and the business of keeping promises

In Warren, Michigan, the paperwork for a June 2025 police and fire retirement meeting contains an unexpectedly revealing pair of numbers. Monthly pension checks: just over $3 million. Annual CertiDeath monitoring from Berwyn Group: $1,500. One line moves money. The other helps determine whether it should still be moving. Between them sits the business of Longevity Holdings.

Longevity’s customers face a peculiar difficulty: their obligations can last longer than their information stays accurate. People move. Names change. Policies need premiums. Beneficiaries become difficult to find. A pension system cannot solve those problems by making a better investment. Somebody has to update the record.

The $1,500 line item

Berwyn, a Longevity business, checks for deaths and locates participants and beneficiaries. Its products divide that work into recognizable jobs: CertiDeath for death audits, CertiSearch for locating people, BeneSearch for beneficiaries, and CertiCensus for population management.

The Warren figure is one customer’s annual monitoring charge, rather than a universal price. Still, it makes the business wonderfully concrete. Institutions buy an ongoing check on the assumptions underneath their payments. Preventing an overpayment matters; finding somebody who is owed a benefit matters just as much.

There are alternatives. ABL Tech, part of Abacus Global Management, also offers mortality verification and missing-participant services. An institution can maintain internal processes, too. Longevity’s proposition is the combination of specialist services across several related tasks, supported by proprietary data and people who know how to interpret it.

A policy has a very long afterlife

Consider a life insurance trust. Establishing it is an event. Administering it is a recurring responsibility. Longevity’s Insurance Trust Monitor, or ITM, provides outsourced administration and policy management for professional trustees. Its sister company, Life Insurance Trust Company, can take over as successor trustee.

That distinction is useful. A bank may want help administering an account while retaining its trustee role. Another trustee may want to transfer responsibility. The group offers a route for each. ITM also supplies business valuations and software for tracking wills and unfunded trusts, extending the relationship beyond one insurance policy.

The operating model mixes software with professional work. ITM’s administration team includes insurance specialists, actuaries, underwriters, and trust administrators. Selling that work means accepting the unglamorous repetition that makes a fiduciary service valuable. A well-written trust document still needs somebody to manage what happens next.

The forecast is a distribution

Life settlements add another kind of uncertainty. Investors acquire existing life insurance policies, and the economics depend partly on how long premiums must be paid before a death benefit arrives. Underwriting therefore becomes an input to pricing, valuation, and continuing portfolio decisions.

Longevity has two underwriting brands, Fasano and TwentyFirst. Fasano describes a physician peer-review method and proprietary mortality tables. TwentyFirst reviews medical records and factors including age, smoking history, lifestyle, and medical conditions. Its reports include an estimate and a mortality curve, showing probabilities over time.

“Preparing for a world where people live beyond 100.”Longevity Holdings’ stated outlook

A curve is the important detail. A life expectancy estimate is no appointment with destiny. TwentyFirst also offers simplified underwriting based on disclosed health information and clinical reviews for complicated cases. Different records and medical circumstances call for different levels of investigation.

Then comes the servicing. LexServ handles premium optimization, policy administration, medical-record retrieval, insured tracking, and claim filing. It reports helping clients collect more than $50 billion in death benefits over two decades. That is client proceeds, not Longevity revenue. Longevity Trading & Analytics supplies valuations, return analysis, trading data, and portfolio transaction support.

Buy expertise. Connect the work.

The company’s development shows a preference for assembling specialists. Stone Point records a 2018 buyout investment in the business, formerly ITM TwentyFirst. Cornell Capital acquired Longevity in September 2022. That year, Longevity also acquired RIC; in 2023, RIC and ITM TwentyFirst’s trust administration operation united as ITM.

Longevity acquired Berwyn in 2023. The following February, Berwyn announced access to products previously offered through sister business PBI. Acquisition became a way to put related capabilities in front of an existing customer. The portfolio also changes: Kosmos announced its acquisition of Maple Life Financial from Longevity in August 2025.

In March 2026, Berwyn joined the American Association of Insurance Services’ partner program. Its member offer includes a one-time analysis of up to 5,000 records. That gives an insurance carrier a practical way to inspect its own data before deciding whether ongoing monitoring belongs in its operations.

CEO Kurt Gearhart’s background fits this intersection of finance and operations. Before joining in 2012, he led Credit Suisse’s Longevity Markets Group and had been a partner at Sidley Austin. Medical judgment, financial modeling, and legal obligations meet inside the same business.

The record can fail in two directions

The risk is not confined to stale information. In 2023, attackers exploited MOVEit Transfer software used by PBI and downloaded customer data. A New York Life notification documented unauthorized access on May 29 and 30. PBI patched the software when fixes became available and engaged forensic specialists.

Later products make data movement an explicit design consideration. Berwyn’s 2025 Paragon introduction emphasized reducing or eliminating transfers of sensitive personal information. Its May 2026 BerwynDMF launch offered a licensed file delivered into customer systems. Clients need not send policyholder records out. These are documented product changes; their timing alone does not establish why management chose them.

Fix the input before the answer

Another change carries a lesson almost any organization can copy. In January 2026, Berwyn announced enrichment of incomplete client records before death matching, included at no additional charge. A missing birth date or inconsistent name can compromise the result before the audit begins.

Start there: improve the record, assign responsibility, then act on the result. The approach depends on usable identifying information, careful interpretation, and customers able to follow through. A probability cannot settle an individual outcome. A match cannot replace every investigation. Longevity’s useful territory is the ongoing work between a financial promise and the person entitled to it.