Investors Heritage also ranked as the sixth fastest growing U.S. life insurer overall by total-filed life, annuity, and accident and health direct premiums, on volume of more than $105.2 million and growth of 101% year over year. The company ranked as the seventh fastest growing U.S. life insurer by direct first-year and single premiums and considerations, on volume of $90.9 million and growth of 145% year over year.

Commissioner for the Kentucky Department of Insurance Nancy G. Atkins said, “Congratulations to Investors Heritage Life Insurance Company on this recognition of being an industry leader in the Commonwealth of Kentucky.”

Investors Heritage was the only insurer from Kentucky and only one of two Life and Annuity underwriters to rank in the top 10 by either metric.

The rankings follow a strong 2018 for Investors Heritage, which included:

• Closing its partnership with new capital partner Aquarian Holdings
• Booking the highest revenue in the company’s 59-year history, more than doubling its top-line revenue from 2017
• Launching its newest product, the Heritage Builder Annuity, a single premium deferred, multi-year, rate-guaranteed annuity
• Appointing more than 800 new agents and writing new business in 36 states
• Refreshing the corporate brand and launching a new website
• Being awarded a $750,000 tax incentive by the Kentucky Department of Economic Development as part of the company’s plan to hire 75 more full-time employees at its home office in Frankfort over the next five years

Investors Heritage built on that growth in 2019, expanding its leadership team, with Rob Hardy becoming CEO and Harry Lee Waterfield II moving to Vice Chairman, Raymond Carr and John Frye being named Co-Presidents, and Jay Slatton becoming Director of Preneed Development. The company also saw its outlook revised upward and financial strength and credit rating affirmed by ratings agency AM Best.

“Investors Heritage has a six-decade long history of providing exceptional products and service, which is the bedrock of everything we do,” said Rudy Sahay, Chairman of Investors Heritage and Managing Partner of Aquarian Holdings. “The partnership between Investors Heritage and Aquarian Holdings sought to build upon the values that fostered that success. These rankings affirm our strategy and highlight the value that can be created by working together.”

1. S&P Global: https://www.spglobal.com/marketintelligence/en/news-insights/trending/9TcmWk_2KaCZv6G1GnjNCA2

About Investors Heritage

Investors Heritage Life Insurance Company offers its policyholders a wide range of insurance solutions backed by a track record of exceptional service. Founded in 1960 and headquartered in Frankfort, Kentucky, the company has a rich and growing tradition of providing tools to help people build and manage their legacies as a leader in preneed and final expense policies, and through its new retirement and wealth management offerings. For more information, please visit investorsheritage.com.