About Us

ITM TwentyFirst is comprised of a team of independent life insurance servicing professionals. Our purpose is to empower life insurance policy owners to make informed decisions and realize the full value of life insurance assets. We serve professional trustees (including banks and trust companies, law firms and CPAs), wealth advisors and family offices, universities and foundations, and life settlement investors. ITM TwentyFirst was formed by the combination of three companies (ITM, IIQ and TwentyFirst) with over 35 years of collective experience providing insurance services.

Minneapolis Office

333 South Seventh Street

Suite 300

Minneapolis, MN 55402

Tel: 612.371.3008

Fax: 612.238.2323

New York Office

1271 Ave of the Americas

Suite 4300

New York, NY 10020

Tel: 646.647.1130

Fax: 612.238.2323

Cedar Falls, IA Office

119 E 4th Street

Cedar Falls, IA 50613

Tel: 866.384.2766

Fax: 612.238.2323

Meet Our Executive Team

Kurt Gearhart

CEO

 
Kurt is the CEO of ITM TwentyFirst. Prior to joining the firm in 2012, Kurt was Managing Director of Credit Suisse's Longevity Markets Group. He also served as the initial President of ILMA, a trade association founded by Credit Suisse, Goldman Sachs, JPMorgan, UBS and other longevity market participants. Prior to joining Credit Suisse, Kurt was a Partner in the Insurance and Financial Services Group of Sidley Austin LLP.

Lori Austin

Chief Underwriting Officer

 
Lori is responsible for ITM TwentyFirst's underwriting business. Lori has over 29 years' experience in Life and Health underwriting. Prior to joining the firm, Lori worked for 18 years at Prudential Insurance Company in the Life Underwriting Department.

Ralph Medici

Chief Operating Officer

 
Ralph is responsible for managing the operations of ITM TwentyFirst. His team administers and services thousands of life insurance trusts, life insurance policies, life settlement contracts, premium finance loans, and other life insurance assets. Prior to joining the firm in May 2012, Ralph worked in the Longevity Markets Group of Credit Suisse, most recently as Director responsible for servicing all of Credit Suisse's longevity assets. Prior to Credit Suisse, Ralph worked for 15 years at AIG in several leadership positions.

Cory Cates

Chief Information Officer

 
Cory is responsible for technology and analytics at ITM TwentyFirst. Cory is a quantitative technologist with a wealth of experience in life insurance assets. Prior to joining the firm, Cory worked at Credit Suisse for 8 years (including several years as Head of Technology for the Longevity Markets Group). Cory earned a Ph.D. in Plasma Physics from the department of Applied Physics and Applied Mathematics at Columbia University.

Maureen Sheehan

GENERAL COUNSEL & CHIEF COMPLIANCE OFFICER

 
Maureen is the General Counsel and Chief Compliance Officer of ITM TwentyFirst. Prior to joining the company, Maureen was an attorney at Dorsey & Whitney LLP in Minneapolis in the Corporate Group and at Sidley Austin LLP in Chicago in the Insurance and Financial Services Group. Maureen is a graduate of The University of Chicago Law School.

Jessica Von Nagy

CHIEF FINANCIAL OFFICER

 
Jessica is responsible for the financial operations at ITM TwentyFirst focusing on strategic planning and analytics. She brings over 10 years of experience through progressive Finance and Accounting roles within the Business Services industry. Jessica holds a Master of Business Administration degree from Regis University and a Bachelor of Science degree with a specialization in Finance from the University of Nebraska Omaha.

Shani Homeister

DIRECTOR OF TRUST OPERATIONS

 
Shani oversees the life insurance Trust Operations in our Cedar Falls, Iowa office. She has been involved with the administration and servicing of life insurance trusts and policies for the last 10 years. Prior to joining ITM TwentyFirst, Shani worked in training and leadership roles at a leading Iowa manufacturing company. Shani received her B.S. in Business Management from Upper Iowa University and is a Chartered Life Underwriter (CLU®).

Meet Our Board of Directors

Bob Dowdell

Board Member

 
Bob was the chairman and Chief Executive Officer of Marshall & Swift Boeckh. Bob earned a M.B.A. and a B.B.A. from the University of Notre Dame, serves on the advisory board of the business school of Notre Dame and is a CPA.

Dennis Chookaszian

Board Member

 
Dennis is the former chairman and CEO of CNA Insurance Companies, which was a $17 Billion multi-line insurer with 20,000 employees. Dennis currently serves on the board of several companies, including the Chicago Mercantile Exchange and NFP. He received a B.S. in chemical engineering from Northwestern University, a M.B.A. in finance from the University of Chicago and a M.S. in economics from the London School of Economics. He is a CPA and a CPCU.

Andy Davis

Board Member

 
Andy is a Managing Director at BV Investment Partners, which he joined in 1996. Prior to joining BV Investment Partners, Andy worked at Lehman Brothers and Bear, Stearns & Co., Inc. Andy earned his B.A. in Economics from the University of Michigan in 1989 and a M.B.A. from the Kellogg Graduate School of Management at Northwestern University in 1994.

Matthew Kinsey

Board Member

 
Matt is a partner at BV Investment Partners, a Boston based private firm that owns a majority stake in ITM TwentyFirst. Matt joined BV Investment Partners in 2000 having held previous positions at Chase Securities, Inc. Matt earned his B.S. in finance from Ithaca College in 1996 and a M.B.A. from Columbia Business School in 2005.

Meet Our Sales Team

John Barkhurst

New Business Development Manager

 
John has over 12 years of experience in providing third-party administration and risk management solutions for fiduciaries of Trust Owned Life Insurance. Prior to joining ITM TwentyFirst, John was one of the original members of the ITM team and held positions in business development, operations and remediation. Prior to joining ITM, he served as Vice President of Sales for InsuranceIQ.

Leon Wessels

New Business & Strategic Relationships

 
Leon is responsible for new client development and strategic relationships. Prior to joining ITM TwentyFirst, Leon was one of the founders of Insurance Trust Monitor. He was responsible for creating the business model and generating the trustee partnerships that made ITM the most recognized leader in TOLI administration and ILIT risk services in the country. Before launching ITM, Leon was a founder and creator of InsuranceIQ, a software as a service company providing systems and TOLI support to over 200 banks and trust companies.

Walt Lotspeich

New Business Development Manager

 
Walt is a 20 year trust industry veteran who joined ITM TwentyFirst in 2017. He is responsible for cultivating new client relationships for the firm. Over the course of his career, Walt has served in similar consultative roles for several innovative companies providing solutions-oriented, client-focused products to meet the Operations, Compliance and Investment needs of fiduciaries. Walt began his career by managing back-office Operations for a rapidly growing private trust company.
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