The Life Insurance Settlement Association board has elected Ramiro Rencurrell to be the group’s new president.

Rencurrell, director of life settlements for Magna Administrative Services Inc., Coral Gables, Fla., succeeds Bryan Freeman, who will become a vice president.

Other officers at LISA, Orlando, Fla., will be Robert Haynie, vice president; Scott Kirby, vice president; Bill Potoczak, treasurer; and Richard Guildford, secretary.