7. 7
Competition
The only dedicated higher education saving program
available in the U.S market is the States sponsored 529 Plan.
http://www.sec.gov/investor/pubs/intro529.htm
The 529 plan, named after the IRS 529 code, is a simple saving account
offering no guaranteed results. Saving is at the sole risk of the
contributor. 529 offers tax advantage on the future payout, if used
solely for college related payment.
The 529 available only for U.S. citizens or permanent residents.
No foreign family can join the plan.
8. 8
Estimated sample markets results (5 years annual average):
EDLife® Market
0-5 years old
23.5 Million
Expected Premium
$8.5B - $17B
(annual average)
0.2% - 0.4% penetration
47,000 – 94,000
EDLife children
USA
9. 9
Estimated sample markets results (5 years annual average):
Expected Premium
$12B
(annual average)
0.1% penetration
70,000
EDLife children
0-5 years old
70 Million
CHINA
EDLife® Market
10. 10
Estimated sample markets results (5 years annual average):
Expected Premium
$8.9B
(annual average)
0.05% penetration
52,500
EDLife children
0-5 years old
105 Million
INDIA
EDLife® Market
11. 11
Estimated sample markets results (5 years annual average):
Expected Premium
$5.7B
(annual average)
0.4% penetration
32,000
EDLife children
0-5 years old
8 Million
Japan +
S. Korea
EDLife® Market
12. 12
Most importantly, the OECD predict the same annual
percentage growth, 16%, through 2025, reaching 8M
international students.
Demand from Asia has
driven most of this
growth, but the OECD
also now sees a number
of important emerging
markets that will
influence global mobility
in the future
This explosive growth
represents
~16% increase per
annum
In comparison, the world
population grew during
those years at a mere
pace of
~1.25% per annum.
To start with, look at the
steep, almost 45 degrees,
slope summarizing the
growth of International
Students Mobility in the last
24 years.
OECD new Students Global Mobility Trends reveal stunning facts:
Markets of Interest
13. 13
Freshmen enrolling 2031 – 2035 are
NOW at EDLife Age of 0-5!!!
In only 5 years, by 2035,
students pursuing higher
education will
Grow 106 million to
Exceed 520 million
THEY NEED EDLIFE®
there is no alternative!
The number of students
enrolled in higher
education by 2030 is
expected to rise from
99.4 million in 2000 to
414.2 million in 2030
–an increase of 314%
81% of international
undergraduates are
supported by personal
funds
OECD new Students Global Mobility Trends reveal stunning facts:
Markets of Interest
18. 18
The product will be offered
to parents/grandparents of
children 0-5 years old,
worldwide. Premium
payments could vary from
lump sum to periodic
payments schedule.
When the insured child
reaches college age (17-25),
any college he/she admitted
to, worldwide, will be paid in
full per the official college’s
published prices the prior
year – tuition, room & board,
books & supply, fees, while
totally covering college cost
inflation!
EDLife® product is
designed as an endowment
(life) policy or financial
contract. It is unique,
innovative and no such
solution currently exists
locally or globally!
How the product works?
20. 20
Total First 5 Years 470,000 policies sold worldwide
First 5 Years of Worldwide Sales
2020/1
150,000
Policies
2017/8
100,000
Policies
2017/8
50,000
Policies
2019/0
150,000
Policies
2016/7
20,000
Policies
21. 21
Sales Source
Estimated Pie for first 100,000 policies (net)
USA & CANADA 45%
LATIN AMERICA 5%
ASIA 35%
EUROPE 10%
MIDDLE EAST / AFRICA 5%
22. 22
Estimated premium based on estimated (non-single-premium) payments schedule
First 5 Years of Worldwide Premium
2020
$23.5B
2018
$8.5B
2017
$3.5B
2019
$16.5B
2016
$942M
23. 23
EDLife First 5 Years Revenue:
2020
$3.7B
2018
$1.3B
2017
$525M
2019
$2.5B
2016
$145M
TOTAL $8.2B
26. 26
EDLife® was founded in May 2012
EDLife® Holding’s domicile – Bermuda, founded Jan 2014
EDLife® 2012, Inc., the USA entity – A Delaware corporation
EDLife® USA headquarters – Los Angeles, California
EDLife® core management & its 5-member board are in place
EDLife® consultants:
Law Firm – Dentons, San Francisco, California USA
Actuary – Milliman, Seattle, Washington, USA
Auditors – BDO, Los Angeles, California, USA
Who is EDLife®?
27. 27
Mr. Ron Bielefelt
Designated EDLife MGA president
Current COO, Total Financial MGA
40 years insurance industry veteran in almost every agent/manager capacity
Mr. Geoff J. Trew
Intended EVP, Int. Distribution & Sales (London scholarship)
Director: Gibraltar, UK, China, Hong Kong, India, Bermuda & Guernsey
Head, Asia Pacific, J&H (now Marsh) & earlier at A&A (now Aon)
Dr. Michael A. Goldberg
Director, Ed. and Colleges Relations (PhD)
Chief Academic Officer of Universitas 21 Global in Singapore
Associate VP International & Dean, University of British Columbia
Mr. Kaj Ahlmann
Chairman (M.Sc. in mathematics)
Current Managing Director, Insurance Asset Management, Deutsche Bank
Chairman & CEO, Inreon & earlier of Employers Reinsurance Corporation
Mr. Adam J. Plotkin
CFO (MBA)
VP, Assura Group, VP at Lake Baldwin Management
Analyst, Harbinger Capital Partners & Analyst, Goldman Sachs
Mr. Alazar C. Yinbal
Marketing Founder, CEO (degrees in economics & finance)
CEO, TOAM, a multi-billion dollar investment & financial corp.
CEO, Trans World Entertainment, Inc., CEO, Aviisha Medical Institute, LLC.
Key Team Members
28. 28
Mr. Clyde W. Ostler
BOD Member
Banking. Forty year career with Wells Fargo Bank, over 25 of those on the
Management Committee.
Group Executive Vice President, Vice Chairman of the California Bank, President of
Wells Fargo Family Wealth.
Positions included General Auditor, CFO, Head of Brank Banking, Head of IT,
including Internet, last fifteen years on the Investment side, both institutional and
personal.
Mr. Jordan Graham
BOD Member
Banking, Insurance, IT (degrees in business administration, entrepreneurship and
finance), Previous president of FICO Consumer Services
Managing Director/Head of N. America Business Development of Citigroup and a
VP at Cisco
Mr. Kaj Ahlmann
Chairman of The Board
(M.Sc. in mathematics)
Current Managing Director, Insurance Asset Management, Deutsche Bank
Chairman & CEO, Inreon & earlier of Employers Reinsurance Corporation
Dr. Michael A. Goldberg
BOD member
PhD, Director, Ed. and Colleges Relations
Chief Academic Officer of Universitas 21 Global in Singapore
Associate VP International & Dean, University of British Columbia
Mr. Alazar C. Yinbal
Founder, CEO, BOD member
(degrees in economics & finance)
CEO, TOAM & Mishkei, a multi-billion Dollar investment & financial corp.
CEO, Aviisha Medical Institute, LLC
Board of Directors